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Revolut fees

3 replies

WhatToDoRevolut · 28/02/2023 14:28

Can someone explain Revolut to me please?
My Revolut account is UK based so has a UK IBAN Number.
If I have my wages paid to me in Euros into my Revolut account, can I move that into GBP and transfer to my UK bank account for free?

And what I should do here:
I have been given the option of being paid in GBP or Euros, at the rate on 01-01-23
(1.12 from a few searches I've done).
Am I better sticking with GBP or going with Euros?

OP posts:
Mrspostitnote · 28/02/2023 15:36

Depends how quickly you need access to your money you can leave it sat in your account and wait for a decent exchange rate which is free mon to fri you can book a rate you want and just leave it till it hits the rate and bingo it will exchange for you have a look at the rates today in your account see how it works you don’t have to have money in there to play around with it I use mine all the time obviously this is a simpler explanation there’s loads of stuff online you can read that’s how I learned how to use it.

Mrspostitnote · 28/02/2023 15:37

A pound on there is around 1.14 euros at the moment it depends what currency you are paid in

WhatToDoRevolut · 28/02/2023 15:46

Mrspostitnote · 28/02/2023 15:37

A pound on there is around 1.14 euros at the moment it depends what currency you are paid in

I'll be paid at 1.12

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