The 69-year-old from Brazil was a pillion passenger on a BMW motorbike. Her family have been informed.
The ride of bike was seriously injured and was airlifted to Aberdeen Royal Infirmary after the crash, at about 17:35 on Wednesday.
The occupants of the other vehicle, a Nissan Navara, were uninjured. The road was closed for several hours.
Road Policing Sergeant Rob Warnock said: "My thoughts, and that of my officers, are very much with the family and friends of the female who sadly died in this collision.
"Several people witnessed this incident and I am acutely aware that they, and others who assisted at the scene, have also been affected by the tragic circumstances.
"I would appeal to anyone who may have seen the crash or who may have seen either vehicle shortly beforehand and who hasn't yet spoken with police to do so to help us piece together exactly what happened."
A woman had died in a crash involving a motorbike and a car on the A939 road near Tomintoul.