What are the fees associated with using Revolut for foreign exchange?
Harrington MikkelsenJun 21, 2021 · 4 years ago7 answers
Can you please provide a detailed explanation of the fees associated with using Revolut for foreign exchange? I would like to know the costs involved before deciding to use their services.
7 answers
- sankalp pandeFeb 27, 2021 · 4 years agoSure! When using Revolut for foreign exchange, there are a few fees to consider. First, there is a 0.5% fee for exchanging currencies on weekends. This fee is applied to major currencies such as USD, EUR, and GBP. Additionally, there may be a fee for exchanging certain exotic currencies. It's important to note that Revolut offers a free allowance for exchanging currencies up to a certain amount, depending on your account type. Beyond this allowance, a fee will be charged. Lastly, if you withdraw cash from an ATM using your Revolut card, there may be a fee depending on the amount withdrawn and the currency used. It's always a good idea to check the latest fee schedule on Revolut's website for the most accurate information.
- Thong Nguyen PhiFeb 19, 2021 · 4 years agoThe fees associated with using Revolut for foreign exchange can vary depending on the specific transaction. Generally, Revolut offers competitive exchange rates with no hidden fees. However, there may be fees for certain services such as express transfers or exchanging exotic currencies. It's important to review the fee schedule provided by Revolut to understand the specific costs involved in your foreign exchange transactions.
- Maria José Oliveira GuimarãesApr 24, 2024 · a year agoWhen it comes to fees associated with using Revolut for foreign exchange, there are a few things to keep in mind. Revolut offers competitive exchange rates and aims to provide transparent pricing. However, it's important to note that fees may apply for certain transactions. These fees can include a percentage fee for exchanging currencies on weekends, fees for exchanging exotic currencies, and fees for ATM withdrawals. To get the most accurate and up-to-date information on fees, it's recommended to visit Revolut's website or contact their customer support.
- HJSFeb 16, 2021 · 4 years agoRevolut is a popular choice for foreign exchange due to its competitive rates and low fees. When using Revolut for foreign exchange, you can expect to pay a small fee for exchanging currencies on weekends. Additionally, there may be fees for exchanging certain exotic currencies or for ATM withdrawals. It's always a good idea to review the fee schedule provided by Revolut to understand the specific costs associated with your transactions.
- Alvaro ContrerasJan 20, 2023 · 3 years agoWhen it comes to fees for using Revolut's foreign exchange services, it's important to consider a few factors. Revolut offers competitive exchange rates and aims to keep fees as low as possible. However, there may be fees for certain services such as exchanging currencies on weekends or for certain exotic currencies. It's recommended to review the fee schedule provided by Revolut to understand the specific costs involved in your foreign exchange transactions.
- Lakshit GuptaApr 17, 2022 · 3 years agoRevolut is known for its low fees and competitive exchange rates when it comes to foreign exchange. However, it's important to be aware of the potential fees that may apply. These fees can include a small percentage fee for exchanging currencies on weekends, fees for exchanging certain exotic currencies, and fees for ATM withdrawals. To get the most accurate and up-to-date information on fees, it's best to visit Revolut's website or contact their customer support.
- sophieggwelchivDec 04, 2022 · 3 years agoWhen using Revolut for foreign exchange, there are a few fees to consider. These fees can include a small percentage fee for exchanging currencies on weekends, fees for exchanging certain exotic currencies, and fees for ATM withdrawals. It's important to review the fee schedule provided by Revolut to understand the specific costs associated with your transactions. Additionally, keep in mind that fees may vary depending on the amount and type of currency being exchanged.
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