Hong Kong to Brazil
2 providers cover Hong Kong → Brazil at a median all-in cost of 1.00% — 1 with licence claims on file.
Sending HKD to Brazil on stablecoin rails costs a median 1.00% all-in, across 2 providers. The cheapest verified option is OKX at 0.08% with direct PIX settlement. You do not need a Brazil entity — 1 providers settle through a MiCA — CASP authorisation-authorised partner.
Self-reported pricing at the $250k – $1M band. 2 of 2 providers disclose an all-in fee.
What it costs to move HKD to Brazil, and what drives the price
2 providers cover HK → Brazil, and median all-in cost where disclosed is 1.00%. 2 document PIX on this route. 1 publish at least one licence claim for Brazil.
When spreads are tight, structure separates providers: whether they hold local authorisation, whether FX is locked at quote or at execution, and whether reconciliation output matches your ledger without manual work. Buyers who switch providers usually cite the third, not the first.
Volume changes the answer. Below roughly $250,000 a month, API-first ramps usually win on integration speed and no minimums. Above it, desks with their own local book often price meaningfully tighter and will negotiate.
All-in fee bands on this route
From provider-filed pricing on this corridor. Updated when commercials change.
Which provider type fits your volume
The answer inverts at roughly $250k a month. This is the single most useful rule on this route.
Hong Kong → Brazil, answered
From real buyer questions. Marked up as FAQPage.
The 1.00% median on this route summarises 2 disclosed quotes across a 92 basis-point spread. The midpoint alone will not pick your provider — what separates them is whether FX is locked at quote or at execution — on a $2M month that difference is worth more than the entire fee spread.