We define and study the permeable braid monoid n . This monoid is closely related to the factorizable braid monoid n introduced by Easdown et al. (2004), and is obtained from Artin's braid group n by modifying the notion of braid equivalence. We show that n is a factorizable inverse monoid with group of units n and semilattice of idempotents (isomorphic to) n , the join semilattice of equivalence relations on 1 n . We give several presentations of n each of which extend Artin's presentation of n . We then introduce the pure permeable braid monoid n which is related to n in the same way that the pure braid group n is related to n . We show that n is the union of its maximal subgroups, each of which is (isomorphic to) a quotient of n . We obtain semidirect product decompositions for these quotients, analogous to Artin's decomposition of n . This structure leads to a solution to the word problem in n . We conclude by giving a presentation of n which extends Artin's presentation of n .