01
Deposit via Pix
Transfer reais from your bank account via Pix to your Ruvo account.
Banks Charge IOF. Ruvo: 0%
Banks and other accounts charge 3.5% IOF on international transfers and card spend. At Ruvo, your operations run on digital dollars, which aren't subject to IOF.
Backed by leading global investors
Comparison table
Ruvo has no IOF
An international bank transfer costs 4% to 8% in fees and spread, plus 3.5% IOF, and can take up to 5 days. Wise charges from 0.4% plus IOF. Nomad, 1% to 2% plus IOF. Ruvo does it all in digital dollars, which aren't subject to IOF, and charges one clear fee.
| Name | IOF | Fee | Time |
|---|---|---|---|
| Itaú | 3.5% | 4% to 8% | Days |
| Wise | 3.5% | from 0.4% | Days |
| Nomad | 3.5% | 1% to 2% | Days |
| Ruvo | No | 0.5% (ACH) | Minutes |
How it works
How it works:
02
Convert to dollars
Your reais become digital dollars with a clear 0.5% fee. No IOF.
03
Send globally
Send to any account in the world quickly via ACH, Wire, RTP or SWIFT.
04
Receive from abroad
A US account in your name. Receiving is free.
Backed by Y Combinator, 1confirmation and Coinbase Ventures$4.6 million
raised to make the global financial system work for Brazilians
Why Ruvo
International transfers with no IOF
Banks charge 4% to 8% in fees and spread, plus IOF. Ruvo: fees from 0.3%, 0% IOF and money in your account in minutes.
Wise charges from 0.4% + IOF. Ruvo: 0% IOF
At Wise, sending money abroad carries 3.5% IOF. At Ruvo, transfers run on digital dollars: 0% IOF and fees from 0.3%.
PayPal charges over 6%. Ruvo: from 0.3%
On PayPal you pay seller fees on international sales, and another 3.5% on conversion. Ruvo is a full dollar account: receive, card, Pix and 0% IOF.
Nomad charges 1% to 2% + IOF. Ruvo: from 0.3% and no IOF
At Nomad, the fee depends on your program level and IOF is 3.5%. At Ruvo, one clear fee and 0% IOF.
BTG charges IOF. Ruvo: 0% IOF, in digital dollars
BTG runs on SWIFT, with 3.5% IOF plus spread. Ruvo removes IOF by using digital dollars.
Inter charges IOF. Ruvo: no IOF and no hidden markup
Inter charges IOF and adds a markup on international operations. At Ruvo: real commercial rate, fees from 0.3% and 0% IOF.
International transfers with no IOF
Banks charge 4% to 8% in fees and spread, plus IOF. Ruvo: fees from 0.3%, 0% IOF and money in your account in minutes.
Learn more about IOF and Ruvo
Common questions about fees, security, and how Ruvo works day to day.
How does 0% IOF work?
Your purchases and transfers on Ruvo run on digital dollars, which aren't subject to IOF. You only pay the transaction fee, shown on screen before you confirm. As with any tax rule, this is subject to current regulation. Learn more about 0% IOF.
See more questionsIs Ruvo safe and compliant?
Yes. Ruvo is backed by Y Combinator and works with regulated partners in the US and Brazil. Your wallet is self-custodial: only you control the keys and move your assets — not even Ruvo has access.
See more questionsCan I use the card abroad?
Yes. The Ruvo card works worldwide, with Apple Pay and Google Pay. No fee on dollar purchases, 0% IOF.
See more questionsReady to Ruvo?
Start using Ruvo today and take control of your money.
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