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New Electronic Money Transfer between Brazil and Portugal

Monday, November 5th, 2007

The Portuguese Post, CTT and the Brazilian Post, ECT have signed an agreement to develop the electronic money transfer between the two countries in order to offer a better response to the needs of the two growing communities of emigrants.

This new service, effective from 2 November 2007 from Portugal to Brazil, allows the electronic remittance up to EUR 2,500 within 48h using the EUROGIRO network, with a high level of security and swiftness as well as competitive prices.

To launch this service in Portugal, an advertising campaign is being carried out designed towards the Brazilian target using unaddressed mail, press and radio.

Source: International Post Corporation

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