Wise Charges 1.1% IOF. Ruvo: 0% IOF Always
Wise uses SWIFT with mandatory IOF. Ruvo uses stablecoins: 0% IOF + Visa card + instant settlement.
Transfers starting at 0.2%Free crypto transfersOnramp BRL → USDT
How to Receive USD in Brazil Without IOF
Receive dollars from abroad — as a company or individual — with low fees and transparent exchange rates.
Backed by leading global investors
How it works:
1
Open your USD account
Sign up in 5 minutes. Real USD account regulated by BACEN.
2
Receive via stablecoins
Client sends USD via USDT. Instant settlement, 0% IOF always.
3
Convert or spend
Convert to BRL via Pix or keep USD on the worldwide Visa card.
4
Send and receive USD
Send and receive USD via ACH or wire transfer
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.
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
For Devs
Receive payroll from your employer using your Ruvo account.
- Receive in USD for a low cost
- Send to Pix or crypto wallets
- Withdraw instantly - no IOF, no hidden spreads.
Receiving
Ways Brazilians receive money from abroad
When you deposit or receive funds, they're stored securely in your own non-custodial wallet — meaning only you control your assets. Ruvo simply connects your wallet to BRL, USD, and crypto rails so you can move money globally, instantly, and safely.
Payrolls
Ruvo never takes custody of your assets
Receive from family and friends
See and track your balance at all times.
Receive payments from clients
See and track your balance at all times.
Article
Ruvo, the fintech from ex-Uber that facilitates a 'Pix' between Brazil and USA
“(...) The startup, which gained support from the American accelerator Y Combinator, has just raised $4.6 million in a round led by 1confirmation, which has invested in Polymarket and Coinbase. Among other participants are Coinbase Ventures (...)”
Continue readingFor PJs earning abroad
Working internationally opens new opportunities
Working with international clients often means higher pay, better opportunities, and more flexibility.
Better compensation for your skills
Global rates typically exceed what local markets offer for the same work.
More stable, recurring income
International contracts often run longer and more predictably than local projects.
Freedom to work on your terms
You choose clients, projects, and schedules without geographic limits.
Learn more about IOF and Ruvo
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.
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.
