Here’s what you can do : Transact in 28 currencies with no hidden fees at the real exchange rate; Send and receive money between other Revolut customers globally in seconds You can use Revolut to hold cryptocurrencies. Spending insights. If you’re in doubt, make sure to check with your bank before making the payment. Image source: Photo by Tofros.com from Pexels .
Free withdrawals up to $300 per rolling month, then a fee of 2% of all withdrawals above this. This means you will be charged a fair usage fee of 0.5% on the additional £200.We charge a fee of 0.5% for money currency and precious metal exchanges on weekends and bank holidays (in London) because exchange markets are generally closed and less currency and precious metals are traded during these times. Above that limit, our fee will stay the same at just 0.5%, and we’ll let you know if an exchange will be subject to a fee.
"Premium and Metal plans which have always had an unlimited exchange will continue to do so.It is increasing its weekend mark-up for major currencies from 0.5 per cent to 1 per cent, “to cover our risks when the market moves (as it has a bit recently)”.
All transfer from Revolut to a bank in CHF are executed as SWIFT.
The name is a little old fashioned now, as it dates back to when banks would send instructions for money to be transferred via the telegraph – in Morse code!So, what is a Telegraphic Transfer today, and how does it work? We'll let you know in the Revolut app if any charges apply, before you make the transfer.Whenever you make a currency (including cryptocurrency or precious metal) exchange in the Revolut app, we'll use an exchange rate based on our market data, which is based on foreign-exchange market. First Revolut Card: Free (but a delivery fee applies) Replacement Revolut Cards: £5 or currency equivalent per replacement (but a delivery fee applies) Delivery Charge for Revolut Cards Your Revolut account may also be used as a multi-currency account, allowing you to hold your balance in 28 different currencies.
If you only need to transfer money say, once or twice a year, you can do it by logging in to the TransferWise website and making a bank transfer from your own current account. The digital banking challenger's new fees and limits will come into effect on 12 August. If they do, weâll let you know in the Revolut app before you make the payment.If more than one of the fees in this âSendâ section could apply to a payment, weâll waive the lower fees and only apply the highest one.£3 if the payment is in US dollars or £5 if it is in another currencyThis means any payment where you send a payment to a country which is not in the national currency of that country.
I have my personal EUR IBAN code and my CB reference number. Moving to Canada is a desirable choice. There were no Revolut fees added. Welcome to our community page. You can avoid this fair usage fee by signing up to a Metal or Premium plan and receiving unlimited exchange.If you are a Standard customer and make an exchange on a weekend, these are the fees that will apply to your exchange. With Revolut’s current pricing model, users are able to spend or exchange up to £5,000 in a foreign currency without incurring any fees on weekdays and only paying a 0,5% fee on weekends. After a bit of guidance if anyone's able to offer their wisdom! Standard users who exchange more than this amount start paying a fair usage fee (but Premium and Metal customers do not).Everyone on Revolut whose base currency is GBP can £1,000 of exchanges at this rate each month.
Check service status Get updates on issues & maintenance. However, if you make a cross-currency transfer which exceeds the foreign exchange allowance you'll be charged 0.5% on that amount. Fintech in the age of uncertainty: Rewiring the financial system The digital banking challenger's new fees and limits will come into effect on 12 August. All money transfers are free. Your daily 7am download of all things alternative finance and fintech. Revolut does not charge for transfer less than 5K, so if the beneficiary banks confirm that they haven’t applied fees that means the charges have been applied by the intermediary banks NFH22 August 2017 09:26
Whenever you make a currency exchange in the Revolut app (except cryptocurrency conversions), we'll use an exchange rate based on our market rate, which is based on foreign-exchange market rates.