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What is Pix?

Pix is Brazil’s instant payment scheme, created and run by the Central Bank of Brazil, which settles transfers between banks and payment institutions in real time, around the clock. Poplin pays out to Brazil over Pix, settling in real time.

Source: Banco Central do Brasil (opens in a new tab)

Reviewed · by Joyce Chin, Chief Operating Officer & Compliance Officer

Which rail reaches…

Which rail reaches your recipient?

Destination country

A payout to Brazil clears fastest over

Pix

Real time

settles in real time · 0.95% + $1.00 on a business account

Also reaches BRL accounts over

TED Next day 0.95% + $1.00

Also reaches USD accounts over

SWIFT 1–4 days 0.5% + $35.00

The recipient’s account details decide the rail — the fee is always shown before you send.

What the rail sets for a payout over Pix — and what Poplin charges to send.

Settlement

Real time

clears in seconds

Reaches

1

country — Brazil

Paid out in

BRL

Brazilian real

Business fee

0.95%

plus a $1.00 fixed fee

Clearing

Local

domestic clearing

Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.

How Pix payouts move.

From your US-dollar balance to an account in Brazil — four steps, seconds end to end.

01

You send from USD

Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.

02

Converted at mid-market

Dollars become Brazilian reals at the mid-market rate — no markup added.

03

Cleared over Pix

Poplin clears the payout over Pix, Brazil’s instant payment system.

04

Arrives in seconds

The money lands in the recipient’s account in Brazil in seconds.

Where Pix reaches.

Brazil

The one country Poplin pays out to over Pix, in Brazilian reals.

Send to Brazil →

Paid by clients abroad? You can open a Poplin account from Brazil, with USD, EUR, GBP, and AED accounts they can pay into, and you can then convert to Brazilian reals at the mid-market rate and pay out to a bank account in Brazil over Pix. See what Poplin can do in Brazil →

Sending somewhere else?

Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.

Pix — FAQ

Basics

What is Pix?

Pix is Brazil’s instant payment scheme, created and run by the Central Bank of Brazil, which settles transfers between banks and payment institutions in real time, around the clock. Poplin pays out to Brazil over Pix, settling in real time.

Speed

How long do Pix payouts take?

Over Pix, Poplin payouts settle in real time. Payments leave your account in seconds; Pix then clears the payout to the recipient’s bank.

Cost

How much does it cost to send money over Pix with Poplin?

A percentage of the amount plus a $1.00 fixed fee — 0.95% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.

Coverage

Which countries does Poplin reach over Pix?

Pix is how Poplin pays out to Brazil, in BRL. Poplin also reaches Brazil over TED (BRL) and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.

Send US dollars to Brazil over Pix.

Open a Poplin account in minutes. No monthly fees.