Receive-and-convert vs a dollar account you control
Husky is a receive-and-convert service over SWIFT for individuals and businesses: every incoming dollar is turned into reais on arrival. It is part of the Nomad group. Ruvo is different, a full dollar account you control. Instead of each dollar being converted automatically, you decide what to do with it: hold it, spend it, send it, or convert it when you choose.
You keep the dollars
- Receiving dollars on Ruvo is free, with instant access.
- Hold the balance in dollars and convert to reais only when the rate is good, or when you actually need the reais.
- Spend the dollar balance directly, with no conversion at all.
The fee: 0.3% flat for businesses, and why it stays that way
Husky charges up to 1% on conversions above US$1,000 (US$10 flat for amounts up to US$1,000), and, like Ruvo, it does not add IOF on export revenue. With Ruvo, receiving is free, converting to reais is 0.3% for businesses at the commercial rate, and that 0% IOF also covers the card, where a Brazilian bank card adds 3.5% IOF plus a 2% to 7% FX markup.
A worked example: US$7,500 a month
- Spending in dollars: with Ruvo, receiving is free and the card is 0% IOF and 0% spread, so you pay $0. Husky converts every dollar to reais on arrival and has no card.
- Converting everything to reais: Ruvo at 0.3% is about $22.50/month ($270/year); Husky at up to 1% is up to $75/month ($900/year). That is up to about $630 saved per year, with the dollars you spend on the card free on top.
Where the real savings are: the card
The conversion fee is often the smallest part of the math. Ruvo gives you a dollar card with 0% IOF: spend directly on ads, US tools and subscriptions, and travel. A normal Brazilian bank card adds 3.5% IOF plus a 2% to 7% FX markup to all of that; with Ruvo it is zero. For many people, that single difference saves far more than any conversion-fee gap, and Husky has no card at all. See the full international card fees.
A real US account, and sending money your way
- Pay yourself, friends, family or suppliers.
- By Pix, ACH, RTP (instant), Wire, or crypto.
Ruvo also covers your personal side
- Open a personal (PF) account alongside your business (PJ) one.
- Free transfers between your PJ and PF accounts.
- Personal accounts earn yield on your dollar balance, with equity investing being added on top.
A note on fees
Husky and Nomad are in the same group, and products and fees may change. Data is from mid-2026; confirm on official channels before deciding.
Husky vs Ruvo, side by side
| Criteria | Ruvo | Husky |
|---|---|---|
| Model | A dollar account you control | Receive-and-convert (SWIFT) |
| Control the dollars? | Yes (hold in USD) | No (converts on arrival) |
| IOF | 0% | None (fee only) |
| Conversion fee | 0.3% PJ / 0.9% PF, flat | Up to 1% (US$10 under US$1k) |
| International card | 0% IOF, 0% spread | None |
| Send money | Pix, ACH, RTP, Wire, crypto | No (receive + convert) |
| US account details | Your own (routing + account #) | No (SWIFT to Husky) |
| Accounts | Business + personal (free PJ↔PF) | Individuals + businesses |
Sources
- Decree 12.499/2025, IOF rates (Planalto)
- IOF rate guide for Decree 12.499/2025 (Lefosse)
- IOF on international operations, what changed (CRCSP)
Published on June 29, 2026 · Updated on October 7, 2026
Competitor prices and features may have changed since publication. Spotted something outdated? Write to ajuda@ruvo.com.
This content is for information only and is not financial or tax advice. How we write
