What is the IOF tax rate of a money transfer to the Avenue bank account?
14/05/2025
The IOF for money transfer with availability abroad for residents of Brazil is 1,1%,. Meaning, you will be charged a 1,1% IOF when sending money transfers from Reais to Dollars, directly to your Avenue Banking account. When sending Dollars to Reais, the IOF is 0,38%.
