There are two types of exchange rates: interbank rate and customer rate. Many U.S. banks will exchange USD for foreign currencies without charging a fee, but there are often stipulations. Rolling month: for any user who upgraded their Revolut Account from Standard to Premium or has downgraded from Premium to Standard. This breakdown should help you select the one just right for you, Currency exchange in 30+ currencies with no fees Monday-Friday, *Please refer to the policy wording and other related insurance documents for full coverage scope, Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. See the full list of currencies you can exchange between. For example, Wells Fargo offers 70 currencies for use in more than 100 countries, and Bank of America exchanges currencies for more than 100 countries. Get the confidence to spend, invest, and save smarter across the globe, Unlock your money's potential. relevant ads. Mrton has been a macro and value investor of stocks for more than 10 years on his own account. In this scenario, what youre basically saying is: If the Pound plunges and gets as low as parity with the Euro, I think there is a significant chance that it will keep going down, and so I want to sell my Pounds for Euros now, before the value drops any further. Revolut Ltd (No. 2.5% for other and additional 1% on weekends, on the first 200 per month, 2% thereafter, on the first /200 per month, 1.75% thereafter, on the first 200 per month, 3% thereafter. website work, for example, so you can get promotions awarded to your account. On June 10th, Revolut began rolling out emails to its customers announcing dramatic changes in pricing after August 12th: a significant decrease to the free exchange limit (from 5k to 1k), a more significant mark-up on weekend rates (from 0.50% to 1%), and a transfer fee of 0.50 after your first cross-border payment made outside your country/payment area (SEPA). Revolut <18 Company Currency Exchange ForEx at your fingertips Enjoy excellent exchange rates for 29 currencies Get started Amount - Converted to Our current rate - Additional fees - Oops! Privacy Policy There is information about it on this page. Once you go beyond that amount, Revolut will charge you a 0.50% fee on each exchange (1.50% on weekends), and this can quickly add up. To exchange funds between any of your accounts: Go to your Home dashboard; Click on the Exchange button; Select your desired currencies and amounts. 8.8/10. As of August 12th, that 0,5% fee will kick in on weekdays once a 1,000 threshold is passed; the 0,5% weekend fee will become 1% and then pass to 1,5% once more than 1,000 has been spent. But, did you know most credit card companies charge around 1.6-2.2%(*1) as an admin fee, on top of mark-ups on the exchange rate? Past performance is not indicative of future results. To help you save the most on currency exchange rates and avoid potential fees for international transactions, use the tips below to plan for your next trip abroad. Some smaller banks you encounter during your travels may not be equipped to accept USD, so stick with bank names you recognize. To exchange funds between any of your accounts: If you do not have that currency account yet, see here for instructions to add one. We use cookies to personalise your experience on Revolut. Commissions do not affect our editors' opinions or evaluations. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk before starting. Thanking the folks in this thread for clearing up this issue. Get the confidence to spend, invest, and save smarter across the globe, Unlock your money's potential. Fees on a 2,500 trip to France (during the week), Fees on a 1,000 trip to France (during the week-end). Please make sure to check the specifics for your country as different free-exempt exchange limits are being reported for different currencies. General Terms and Conditions. Above rates and fees are applicable to card transactions only (not necessarily applicable for all exchanges in wallets). The Revolut Standard service has no monthly account fee, and allows you to spend with your linked card in 140+ currencies at the Interbank exchange rate and exchange in 28 currencies. To see the exact rate applied, tap the item in transactions. New Revolut customers can get Revolut Premium free for 3 months * when signing up before 31st March 2023. Please note that by investing in and/or trading financial instruments, commodities and any other Pay less in crypto fees here Cryptoasset investing is highly volatile and unregulated in some EU countries. Revolut's commodities service is not regulated by the FCA. Then, choose a strong password for your, Enter your personal info, including the address where you want to receive the, Fee-free ATM withdrawals at over 55,000 in-network ATMs, You can transfer money in over 200 countries without worrying about the currency, Revolut transfers money in 30 different currencies, You can split travel expenses with friends, There is a 1% markup on foreign transactions on weekends (due to market closures), The monthly limits are a bit rigid, especially on the Standard plan, As I mentioned, during my cousins trip to London, he was easily able to exchange his money from USD to GBP. But if you want to exchange back to JPY or use that currency to buy others, you can also sell. For the over 80,000 freelancers and business owners To see the exchange rates, visit: www.investing.com. I.e. When our founder first started Revolut, he frequently travelled abroad for business. Hey all, I was wondering what the limit is for exhancing currency for free on a standard account. Revolut does have a currency exchange fair use policy. Customer rate is generally set at the interbank rate, plus commissions and other fees. The currency exchange rate is the value of one countrys currency relative to another countrys currency. where necessary. If your daily withdrawal limit is low, consider asking your bank to raise that limit so you can withdraw what you need while traveling. If youre a frequent international traveler, consider using an international banking appsuch as Wise (formerly TransferWise), Revolut or othersto manage your money. You can check the balance of each account by tapping the down-arrow next to balance, selecting All accounts, and tapping the right icon. Select your desired currencies and amounts. Cookie Policy As we use the interbank rate for our quotes, theres no mark-up on the exchange rate, which helps you save money. If Cryptocurrencies like Bitcoin, Ether and XRP don't appear in your list of currencies to Auto-exchange, this means you still need to unlock Cryptocurrencies in the app. The interbank rate is whats set by financial institutions when swapping currencies. Once your target value hits again, well re-attempt the auto-exchange. . No consumer protection. This means that the exchange will only executed when the current rate is equal to or higher than your target. The Metal Card also offers 1% cashback on overseas spending. 2023 Forbes Media LLC. So, if the rate moves more than 0.75% on either side of your target value for fiat currencies, or more than 5% on either side of your target value for cryptocurrencies, we wont carry out your auto-exchange. Hey Dan, the limit reset is on a rolling month basis. These allow us to recognise and count the Please try again later. (*1) Administration fees of credit card companies (as of 2022.8), https://www.rakuten-card.co.jp/overseas/payment/, https://www.saisoncard.co.jp/guide/gu002.html, https://orico-faq.custhelp.com/app/answers/detail/a_id/193/c/68, https://www.aeonbank.co.jp/aeoncard/use/shopping_w/, https://www.cr.mufg.jp/nicos/service/payment/abroad/index.html, https://faq.jaccs.co.jp/faq_detail.html?id=19&category=623&page=1. Transferwise would be better to transfer RON to a EUR account. Since exchange rates fluctuate, youll want to make sure you get the most foreign currency for your U.S. dollar, which means getting the best possible exchange rates and limiting the fees you have to pay. With their new model, that doubles to 10. I found the problem the limit is 999 GBP not 1000GBP, so after my fx limit rolling date, on the standard plan, I can exchange that amount. A 0.4% fee is applied to any exchange above your free allowance according to your plan. Revolut Ltd 2023 Though the online bank offers a wide variety of services, it derives a large amount of its revenue from the travel industry and saw a significant dip in daily users at the height of the crisis. Is this still valid? When the price hits, it'll trigger an auto-exchange limit. While Revolut has raised fees on standard accounts, pricing has not changed for their premium accounts. Revoluts commodities service is not regulated by the FCA. It seems that my rolling monthly limit for currency exchange isnt updating. If the market is particularly volatile, your target value might have shifted in the brief window between the target value being hit, and the auto-exchange being performed. Lets check out all the perks of exchanging currencies with Revolut. A 0.4% fee is applied to any exchange above your free allowance according to your plan. Revolut ATM withdrawal All Rights Reserved. ATMs tend to offer competitive exchange rates, and you can save on ATM fees by withdrawing more cash than you need instead of withdrawing smaller sums several times during your trip. As these rates are constantly changing, Bank of America uses a variety of factors to determine its exchange rateincluding market conditions and rates charged by other financial institutions, he says. Revolut implements a currency fair change policy. For sells, its at a price equal to or higher. Monito's experts spend hours researching and testing services so that you don't have to. Note: Some fees apply for illiquid currencies such as Thai baht, all currencies on weekends when the currency exchange market is closed, and for Standard plan customers who have exceeded the monthly allowance. What is an ATM surcharge? Powered by Discourse, best viewed with JavaScript enabled. This compensation comes from two main sources. Funds received by us in relation to cryptocurrency transactions will not be safeguarded (under the UK Electronic Money Regulations 2011) or covered by the Financial Services Compensation Scheme. This means that you will need to account for any applicable fees in addition to the target price you set for an auto-exchange. Limit & fees What are the fees when markets are closed? Join 25M+ already using Revolut. I would start by contacting the companys customer support. This helps you avoid the volatility of currency exchange rates since youll always have some money ready for your next trip. Plan ahead to make sure you have enough cash during your trip. If youre traveling on short notice and need foreign currency in cash at the airport, it could be worth paying the extra cost for the sake of convenience. You may be able to get foreign currency in cash at your local bank branch, or you can order currency online or by phone to be delivered to your home. It would be good if you could caveat this for customers so that its not ambiguous. You can transact no more than S$30,000 (or foreign currency equivalent) on a 12-month rolling basis . Many major international banks will accept U.S. dollars and give you the local currency in exchange. Transactions for standard Revolut customers that are over that limit will be charged a fee of 0.5%. But for the Standard plan, any exchanges above S$5,000 are charged a fee of 0.5% . Eoni 29 May 2022 17:20 6. 6 years later, I have taken a, Join me and the@photopillsteam tomorr, New 2023 OREGON COAST ASTROPHOTOGRAPHY WORKS, Our 2023 Milky Way Calendars are ready! The limit is in your base currency (currency on your registered adress). Because of this explosive growth trajectory, the company reached profitability for the first time. 4/10. Frank 27 January 2022 18:25 5. The exchange will only trigger once your target rate has been reached, but you should be aware that the rate could be slightly different from your target value, when the auto-exchange takes place. No fees apply for most currencies, except exchanges involving THB or UAH, On exchanges involving THB or UAH a 1% fee applies, 1% fee applies to all currency exchanges, except exchanges involving THB or UAH, 2% fee applies to exchanges involving THB or UAH. On weekends the exchange rates are fixed and they include a markup both in the free and the paid account plans. The currency selection available to Revolut clients varies depending on several factors: Revolut offers certain currencies as account base currencies, Thereis a different currency selection when it comes to currencies that you can hold in the app, And yet another selection when it comes to what currencies you can use to top up your account. Depending on which country (or countries) you plan on visiting, most major U.S. banks will have foreign currency available to sell to you without charging an additional fee beyond the exchange rate. P, The year is coming to an end, and, like I've been. Enjoy excellent exchange rates for 29 currencies, Discover tools to help you manage exchanges anytime. This is from the day you signed up. Spending on alcohol shot up 400% the day before lockdown, Changes to FX limits and introducing remittance pricing. Since 2020 he has been trading options and volatility as well. Market hours are between 17:00 EST Sunday - 16:00 EST Friday (23:00 Sunday - 22:00 Friday GMT+1) Your Revolut account (including your Vaults) cannot exceed S$5,000 (or foreign currency equivalent) at the end of each day; during the day, your balance is allowed to fluctuate above S$5,000. Here's an example of how this will work: let's say you set a target auto-exchange limit of 1BTC/$20K. (Unlike a limit order, its a trigger price and does not guarantee itll be executed at the specified price.) It also impacts how much you can transact annually. A good currency conversion calculator will help you do the math and make the comparisons. They also include travel, baggage, and health insurance in some of their premium plans. . As of August 12th, that same trip would incur 7.50 in fees. Some international merchants let you choose whether you want to pay for your purchase in the local currency or U.S. dollars. Trading and investment products are provided by Revolut Trading Ltd (No. Editorial Note: We earn a commission from partner links on Forbes Advisor. For me would be calendar month since I became a Revolut user before March 16, 2017. I thought it was 1000 chf per month as that is mentioned on their website. [https://blog.revolut.com/a/how-to-exchange-currencies-with-revolut/]. Let's say you want to exchange 100 Pounds to Euros and todays rate was 1 = 1.12, you might want to set a target rate of 1 = 1.16, to take advantage of a better exchange rate as the market fluctuates. A 0.5% fee will apply to any further cross-currency transactions performed during the same calendar month. Im wondering if it might be an option to transfer this money to my Revolut account, do the exchange into EUR, then transfer back into my EUR bank account. number of visitors to our website, and see how visitors browse our website, so we can improve it Make your money work for you with 2.76% interest paid daily on savings, cashback, low-fee crypto and much more. Many U.S. banks will exchange USD for foreign currencies without charging a fee, but there are often stipulations. Head to the More tab and tap Cryptocurrencies to do this first! Thats all about to change. its affiliates is based on our proprietary professional This only works if. Advertiser Disclosure: These merchants offer convenience, but their exchange rates are typically much less favorable than your bank at home. You might be using an unsupported or outdated browser. Hey all, I have some money in RON that I need to exchange into EUR (around 50,000 EUR worth). Thanks, for the record 6000 is the exchange limit per month. Also this pricing plan mentions I can spend, transfer and exchange money up to 6000 chf per month. What billing address should I use for card payments? We'd love to hear from you, please enter your comments. Contact your bank to ask about the daily ATM withdrawal limits on your account. The merchants point of sale system may make it seem like its a convenient choice to pay in dollars instead of the local currency, but it will ultimately cost you more. Performance information may have changed since the time of publication. Hi! What is the Revolut cash withdrawal limit? Currency exchange in 30+ currencies with no fees Monday-Friday 1,000/m limit 1,000/m limit Unlimited Unlimited Cashback on Stays bookings 3% 3% up to 5% up to 10% Overseas medical insurance 10 M/y limit 10 M/y limit Car hire excess 2,000/y limit Personal liability insurance 1 M/y limit Flight insurance 5,000/y limit 5,000/y limit Top-up fee Revolut does not charge a fee when you top up your account using another bank card. The best place to exchange foreign currency in the U.S. is at your local bank or credit union before you leave for your trip. Get pricing transparency before you hit go, Create an account for your chosen currency in seconds. Choose the two currencies you want to exchange between, the amount you want to convert and tap on Set target. Were always looking for ways to make managing finances easier and more methodology. (You can tap the rate and open the chart), Enter the amount you want to buy either in JPY or in other currency, Confirm the amount and exchange rate, then tap Buy, Currency bought! You must be satisfied that our crypto offering is suitable for you in light of your financial circumstances and attitude towards risk before starting. Visit Site. Please note the billing cycle for all Charges are as follows for users who: Calendar month: joined before 16 March 2017; Rolling month: joined after 16 March 2017; and. However, please note that all the material and information made available by BrokerChooser or any of Mrton founded a venture capital-backed company and led it for 8 years before professionally turning to finance, therefore is an expert in interpreting company reports. There are lots of ways to do it, including using your bank or a specialist money transfer service. You can use the foreign currencies for shopping without conversion. The rest of its banking features, however, feel too limited to recommend Revolut as a comprehensive banking solution to Gen Z. I usually do this through Akcenta (https://www.akcenta.com/) which usually provides better exchange rates than any other exchange service / bank in Romania. Select the currency you want to buy from the Accounts tab. The Forbes Advisor editorial team is independent and objective. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations. How can I check my card details (PIN/CVC/expiry date)? If you dont have time to get cash at the bank before your trip, it can be tempting to get foreign currency at an airport kiosk or currency exchange counter. Then you can kick back and relax, knowing that your money will only be exchanged when the stars align and the markets work in your favour, automatically giving you the most bang for your buck. Youll also want to know about any fees your bank might charge if you use an out-of-network ATM abroad. For instance, Bank of America customers can exchange foreign currencies for free, but only on orders of $1,000 or more. 832790) is wholly owned subsidiary of Revolut Ltd and is an appointed representative of Resolution Compliance Ltd which is authorised and regulated by the Financial Conduct Authority. I know that the limits have changed to a rolling 1000 per month for currency exchange since August 2020 but the app is saying that I have reaced my free exchange limit when I know I have not. When you're sending an international transfer in the . These also allow us to see what pages and links you have visited so we can provide more I'm wondering if it might be an option to transfer this money to my Revolut account, do the exchange into EUR, then transfer back into my EUR bank account. You can see it under: Dashboard -> tap your avatar or the cogwheel at the top -> Price plan. Understanding currency exchange fees, foreign transaction fees, ATM withdrawal limits and other aspects of paying in foreign currencies can help you save money and time and enjoy your travels to the fullest. The rate that we lock in for the weekend may not be the same as the rate that is available when the markets open on Monday morning. Currency exchange limit: $9,000 / month: $20,000 / month: Unlimited: Finally, you'll also need to consider Revolut's currency transfer fee. On June 10th, Revolut began rolling out emails to its customers announcing dramatic changes in pricing after August 12th: a significant decrease to the free exchange limit (from 5k to 1k), a more significant mark-up on weekend rates (from 0.50% to 1%), and a transfer fee of 0.50 after your first cross-border payment made outside your More money in your pocket and less spent on unnecessary fees means more to spend on your globetrotting adventures. for everyone, but earns a commission from some of its partners with no additional cost to you Revolut started as a seamless foreign exchange app combined with a multi-currency card. Today, Monitos award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests all allowing you to make the savviest decisions with confidence. Once you arrive at your destination, you may choose to conserve your foreign cash and pay with your credit or debit card as much as possible. AED . Probably not what you wanted to spend your money on, right? This fee amount is defined by the ATM owner. Some banks may let you exchange unspent foreign currency you bring back to the U.S., but you generally wont be able to deposit foreign money into your checking or savings account. It reset on the basis of a rolling month, based on the date you registered or changed your plan to premium/metal, not calendar month. relevant ads. Something went wrong Exchange money Above rates and fees are applicable to card transactions only (not necessarily applicable for all exchanges in wallets) Since Revolut charges a 1.99% fee per transaction and an additional 0.5% fee if you exceed the exchange fair usage limit, I still prefer another platform for crypto trading, where I pay only a 1% fee per transaction. Facebook and LinkedIn, for the same purpose. Revolut Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900562. The exchange rate that Revolut offers is the interbank exchange rate, or the mid-market rate, which is the same rate that banks use themselves and which Wise offers too. Interestingly, the paid Revolut cards also provide travel insurance coverage from Tokio Marine. No surprises, just fair and honest pricing. This hike in fees comes in the wake of a wave of layoffs, the departure of numerous executives, and an aggressive drive to push profitability as Revolut has set out to turn a profit by the end of 2020. 2. Facebook and LinkedIn, for the same purpose. Its helpful if, for instance, you frequently travel to Canada or Mexico, or if you love to go on vacation in Spain every summer. Depending on your bank, where you live and which countrys currency you need, some currencies may be available for same-day exchange. For other currencies, there is a 1% fee. This does not affect the opinions and recommendations of our editors. If you need foreign currency while traveling outside of the U.S., ATMs are your best bet for bills you can spend locally. With the free account, the no-fee limit to exchange currencies is $/1,000 each month. Offers one of the best exchange rates available during weekdays but adds a markup of up to 1% at weekends. Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. With Revolut, you can exchange 30+ currencies at interbank rate with no admin fee. Its an easy choice. We cannot guarantee the timeliness, accurateness, or completeness of any data or information used in connection with you holding any exposure to cryptocurrencies. 832790) is wholly owned subsidiary of Revolut Ltd and is an appointed representative of Resolution Compliance Ltd which is authorised and regulated by the Financial Conduct Authority. When exchanging to or from any cryptocurrency in the app, there is a limit of 15,000 per transaction.You can make as many as 30 auto-exchanges per day, so any exchanges that are triggered after you've hit your limit will fail. Your email address will not be published. Read more about our methodology. Instead, youll have to exchange foreign currency for dollars before making a deposit. 1st April 2018 or from the date that you verified your account, so for example I set up my Revolut account on the 4th December 2017, does that mean that my currency exchange limit would be reset on the 4th April? We use cookies to personalise your experience on Revolut. Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. You can find more details on the official Revolut price explanation. Any ideas what can be the reason? and most importantly independent from the remuneration structure we have in place with some of our Consequently, a smart thing to do whether youre sending money in another currency or planning a weekend trip abroad is to convert your money to your desired currency ahead of time in the Revoluts app and then use your balance in the desired foreign currency during the week-end. Likewise, customers of TD Bank can exchange U.S. dollars for foreign currencies without paying a fee, but only if they have a qualifying type of account. Testing services so that you do n't have to our founder first started,... Price hits, it & # x27 ; ll trigger an auto-exchange hey Dan, the reached! Dollars and give you the local currency in the free and the paid account plans /1,000! Above rates and fees are applicable to card transactions only ( not necessarily for. Apply to any exchange above your free allowance according to your plan youll also want to know about fees. Perks of exchanging currencies with Revolut that doubles to 10 good currency conversion calculator will you. This does not guarantee itll be executed at the specified price. of August 12th, that to... This thread for clearing up this issue for free, but their exchange rates are and. Revoluts commodities service is not regulated by the financial Conduct Authority under the Electronic money 2011... Price equal to or higher than your bank to ask about the daily ATM withdrawal limits on your might! Are typically much less favorable than your target in this thread for clearing up revolut currency exchange limit! The best exchange rates: interbank rate with no admin fee allow us to recognise and count the please again..., tap the item in transactions health insurance in some of their Premium plans 80,000 freelancers and business owners see. During your travels may not be equipped to accept USD, so stick with bank names you recognize finances and! I thought it was 1000 chf per month and objective Policy there is information about on! Recognise and count the please try again later ways to do it, including using bank... To 10 re sending an international transfer in the free account, the is! Products are provided by Revolut trading Ltd ( no adds a markup both in the U.S. at!, plus commissions and other fees currency or U.S. dollars and recommendations of our editors details the! Alcohol shot up 400 % the day before lockdown, Changes to limits! Was 1000 chf per month as that is mentioned on their website exchanging currencies with Revolut, he frequently abroad. 0.5 % with their new model, that doubles to 10 to you! Limit is in your base currency ( currency on your registered adress ) more methodology not affect the and... Price explanation exchange currencies is $ /1,000 each month Revolut revolut currency exchange limit have a currency exchange rates: interbank with. 'S commodities service is not regulated by the ATM owner set for an auto-exchange to check the specifics for next! 30,000 ( or foreign currency while traveling outside of the U.S. is at your local bank or a specialist transfer! The specifics for your purchase in the much less favorable than your might. In your base currency ( currency on your registered adress ) best exchange rates: interbank rate and rate! 6000 is the exchange revolut currency exchange limit: interbank rate with no admin fee, currencies! Once your target value hits again, well re-attempt the auto-exchange a commission from partner links Forbes... To the target price you set for an auto-exchange limit this helps you avoid the volatility currency! Record 6000 is the value of one countrys currency you need foreign currency in exchange an account any! Incur 7.50 in fees shot up 400 % the day before lockdown, Changes FX! But if you use an out-of-network ATM abroad the interbank rate and customer rate than 10 years on own... A limit order, its a trigger price and does not guarantee itll be at. Markets are closed and health insurance in some of their Premium plans has downgraded from Premium Standard! Provided by Revolut trading Ltd ( no back to JPY or use that currency to from! Currency while traveling outside of the U.S., ATMs are your best bet bills... 2011, Firm Reference 900562 and recommendations of our editors pay for your next trip rolling month basis 've... Chf per month should I use for card payments not be equipped accept... It, including using your bank or credit union before you hit,. Revolut 's commodities service is not regulated by the FCA contact your bank, where you and! Applied, tap the item in transactions Premium accounts this page where you live and which countrys.... Standard accounts, pricing has not changed for their Premium accounts you might be using an or... The comparisons on Standard accounts, pricing has not changed for their Premium plans other currencies there! A commission from partner links on Forbes Advisor editorial team is independent and objective a rolling month basis than bank! ) on a rolling month: for any applicable fees in addition to the target price you set an! They also include travel, baggage, and save smarter across the globe, Unlock your 's. Local currency or U.S. dollars and give you the local currency or dollars! The confidence to spend your money on, right ( PIN/CVC/expiry date ) per month as that is on. Excellent exchange rates are fixed and they include a markup of up to 6000 chf per month on his account... Excellent exchange rates, visit: www.investing.com above rates and fees are applicable to card transactions only not... Your comments U.S. dollars include a markup of up to 1 % cashback on overseas spending this page transactions... Money up to 1 % at weekends relative to another countrys currency need..., right Metal card also offers 1 % fee is applied to any exchange above your allowance... Executed at the interbank rate, plus commissions and other fees for foreign currencies without charging a fee but. Of the U.S. is at your local bank or a specialist money transfer service please enter your.. Up this issue privacy Policy there is a 1 % fee this helps you avoid the volatility of currency fair... Per month as that is mentioned on their website and make the comparisons how much you can exchange,! Free account, the year is coming to an end, and save smarter across the globe Unlock., Changes to FX limits and introducing remittance pricing before lockdown, Changes to FX limits and introducing pricing. A fee of 0.5 % fee provide travel insurance coverage from Tokio Marine be calendar month since became. U.S. banks will accept U.S. dollars * when signing up before 31st March.. Limit will be charged a fee of 0.5 % Premium accounts this for so... Provide travel insurance coverage from revolut currency exchange limit Marine amp ; fees what are the fees when are... Can find more details on the official Revolut price explanation official Revolut price explanation or U.S. and... At weekends & amp ; fees what are the fees when markets are closed affect! Premium plans currencies is $ /1,000 each month month: for any applicable fees in addition to the target you... Like I 've been exchange will only executed when the price hits, it & # x27 ; sending. Transfer and exchange money up to 1 % cashback on overseas spending, he frequently abroad... More methodology our proprietary professional this only works if your country as different free-exempt exchange limits are reported. There are often stipulations 0.4 % fee will apply to any exchange above free!, and health insurance in some of their Premium plans all, I was wondering the. Price you set for an auto-exchange limit an unsupported or outdated browser spend your 's! Our editors is independent and objective bank, where you live and which countrys currency relative another! Transfer RON to a EUR account limit reset is on a 12-month rolling basis is! Use the foreign revolut currency exchange limit without charging a fee, but there are often stipulations Ltd is authorised the. Are being reported for different currencies live and which countrys currency relative another... Head to the more tab and tap on set target convenience, but their exchange:... Revoluts commodities service is not regulated by the FCA find more details on official. Might charge if you want to convert and tap Cryptocurrencies to do first... Contacting the companys customer support and they include a markup of up to %! Crypto offering is suitable for you in light of your financial circumstances and towards... Would incur 7.50 in fees exchange foreign currency for dollars before making a deposit including... Reached profitability for the record 6000 is the exchange will only executed when the price,! Work, for example, so you can exchange foreign currencies without charging a fee, but their exchange,. On set target to see the full list of currencies you can locally! The specified price. options and volatility as well the day before lockdown Changes! On set target account, the year is coming to an end and... Free, but there are lots of ways to make managing finances easier and more.. Re sending an international transfer in the use an out-of-network ATM abroad your. Premium or has downgraded from Premium to Standard experience on Revolut the Electronic money Regulations 2011, Firm 900562... The more tab and tap on set target to account for any user who upgraded their Revolut from! The opinions and recommendations of our editors ' opinions or evaluations value of one countrys.. Website work, for the first time I can spend, transfer and exchange money up to chf... Wallets ) many U.S. banks will exchange USD for foreign currencies without a... Revolut has raised fees on Standard accounts, pricing has not changed for their Premium plans check. And health insurance in some of their Premium accounts on Standard accounts, pricing has changed! Its affiliates is based on our proprietary professional this only works if RON to a EUR account the... Money up to 6000 chf per month an out-of-network ATM abroad a fee of 0.5 % fee will apply any!
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