Receive Money from Portugal — Spend It Instantly
Someone in Portugal sends you euros. You spend pesos or reais in seconds — via MercadoPago or PIX. No fees. No DNI or CPF needed.
Receive Money from Portugal and Spend Locally in Seconds
Portugal and Brazil share a language, colonial history, and one of the strongest European-to-Latin-America money corridors. Approximately 485,000 Brazilians live in Portugal, and Brazilian immigrants sent a record 414 million euros back to Brazil in 2024. When someone in Portugal sends you money through Peanut, the funds arrive instantly — spend via PIX in Brazil or Mercado Pago QR in Argentina, at a rate that beats traditional transfers.
The sender deposits via SEPA bank transfer from any Portuguese bank — free, with 90% arriving in under 20 minutes. No fees. No CPF or DNI required to receive or spend.
How to Receive Money from Portugal
- 1
Sign up on Peanut
Verify with a passport or national ID card. No Brazilian CPF or Argentine DNI needed. Under 2 minutes.
- 2
Share your details with the sender
The person in Portugal creates a Peanut account and deposits via SEPA bank transfer — free and fast.
- 3
Receive the money instantly
Peanut-to-Peanut transfers arrive in milliseconds.
- 4
Spend locally
Pay via PIX at virtually any merchant in Brazil, scan a Mercado Pago QR in Argentina, withdraw cash, or transfer to a local bank.
What You Can Do With the Money
In Brazil
PIX — Pay at restaurants, supermarkets, gas stations, ride-hailing apps, hotels, and street vendors. PIX is instant, 24/7/365, used by over 150 million people. The sender's euros convert at a rate that avoids the IOF tax.
Bank transfer — Withdraw to a Brazilian bank account.
In Argentina
Mercado Pago QR — Scan at over 1,000,000 merchants. Rate locks at the moment of payment.
Cash withdrawal — Red ATMs in Buenos Aires and other major cities. 24/7, free from Peanut.
Bank transfer — Move to a local Argentine bank account.
How Much Does It Cost?
No fees. For the Portugal-to-Brazil corridor, Peanut avoids the IOF tax — up to 3.5% on outbound transfers — since the digital-dollar-based flow is not subject to IOF legislation. For Argentina, the cripto dólar rate delivers approximately 5-10% more pesos per euro. See the pricing page.
FAQ
How do I receive money from Portugal with Peanut?+
Sign up and verify with any passport or national ID. The sender in Portugal deposits via SEPA (free, fast) and sends to you. Money arrives instantly. Spend via PIX, Mercado Pago, cash ATM, or bank transfer.
Do I need a CPF or DNI to receive money?+
No. A passport or national ID card from any country is sufficient. No Brazilian CPF or Argentine DNI required.
How long does it take to receive money from Portugal?+
Peanut-to-Peanut transfers are instant. SEPA deposits arrive in under 20 minutes for 90% of users. Spending via PIX or Mercado Pago is instant once funded.
Are there fees for receiving money?+
No. Receiving, spending, cash withdrawals, and bank transfers are all free from Peanut.
What can I do with the money once it arrives?+
In Brazil: pay via PIX at virtually any merchant or transfer to bank. In Argentina: pay at 1,000,000+ Mercado Pago merchants, withdraw cash, or transfer to bank.
