We use stablecoins (USDT) instead of traditional SWIFT. Since it is not an international bank transfer, the 1.1% IOF does not apply. Single fee of 0.9% for individuals or 0.2% for businesses.
Transfers starting at 0.2%Free crypto transfersOnramp BRL → USDT
Banks Charge IOF. Ruvo: 0%
With Ruvo, your days of losing money to IOF are over — international account, zero IOF.
Backed by leading global investors
Ruvo has no IOF
International bank transfers cost 4-8% in fees + 1.1% IOF and take up to 5 days to settle. Wise charges 0.5% + 1.1% IOF. Nomad charges 1.5% + IOF. Ruvo eliminates IOF using stablecoins and offers a transparent fixed fee.
Comparison table
Name
Itaú
Wise
Nomad
RuvoIOF
1.1%-3.5%
1.1%-3.5%
1.1%-3.5%
No
Fee
High
1-3%
1-2%
0.9% PF | 0.2% PJ
Time
Days
Days
Days
Minutes
How it works:
1
Deposit via Pix
Transfer BRL from your bank account via Pix to your Ruvo wallet.
2
Convert to USDT
Your BRL becomes digital dollars (USDT) with a transparent 0.9% fee.
3
Send globally
Transfer USDT to any account worldwide in minutes, no IOF.
4
Send and receive USD
Send and receive USD via ACH or wire transfer
Backed by Y Combinator and Coinbase Ventures. $4.6M raised. More than 10,000 Brazilians already save on IOF with Ruvo.
Learn more about IOF and Ruvo
Yes. Ruvo is backed by Y Combinator and regulated partners. Your funds are held in non-custodial wallets, meaning only you control your assets.
Yes. You can use the Ruvo card internationally wherever Visa is accepted, with direct debit from your USD balance.
Wise Charges 1.1% IOF. Ruvo: 0% IOF Always
Wise uses SWIFT with mandatory IOF. Ruvo uses stablecoins: 0% IOF + Visa card + instant settlement.
PayPal Fee 4.4%. Ruvo: 0.9% Fixed
PayPal only receives with high fees. Ruvo is a full USD account: receive + Visa card + Pix + 0% IOF.
Nomad Charges IOF. Ruvo: 0% IOF Total
Nomad uses SWIFT with 1.1% IOF. Ruvo uses stablecoins: no IOF + single fee + USD card.
BTG Charges IOF + Spread. Ruvo: Single Fee
Traditional banks charge 1.1% IOF + high spread. Ruvo: 0% IOF + transparent 0.9% fee.
Inter Has No USD Account. Ruvo Does
Inter only converts to BRL with IOF. Ruvo: the first real USD account in Brazil with 0% IOF.
How to Receive USD in Brazil Without IOF
Brazil's first dollar account. Single fee 0.9% individual / 0.2% business. Visa card + Pix + stablecoins in one account.
