revolut foreign exchange limit


revolut foreign exchange limit

There are no foreign exchange fees! We don’t charge you any other fees for this service.The exchange rate for precious metals also includes our fee for our Precious Metal Services.

Get help from 12M+ Revolut users. The following charges might apply when you send a payment. Is it on the 1st of the month? It is reducing the amount users can exchange for another currency from £5,000 to £1,000 per month, with fees also doubling for weekend transfers.

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. I notice that there is a monthly £5000 limit on currency exchange through Revolut.

And what about euros € ?The limit is in your base currency (currency on your registered adress).Thanks, for the record €6000 is the exchange limit per month.

Is this still valid? Even in a currency that you don't have in your account. There is more information about our exchange rate in our For certain exchanges we add a percentage (a mark-up), which changes according to when and how frequently the currencies are traded. We don’t charge you any other fees for this service.If you are a Standard customer and make an exchange on a weekday, these are the fees that will apply to your exchange.Remember, if you exchange more than £1,000 during the month (in foreign exchange, cryptocurrency or precious metals), a fair usage fee of 0.5% will begin to apply in addition to the fees below. But when does this monthly limit reset? For me would be calendar month since I became a Revolut user before March 16, 2017… Revolut is a multi-currency account that allows Standard (free) users to exchange, send and spend money in 24 currencies at the real exchange rate on amounts less than £5,000 per month, beyond which transactions are subject to a 0.5% charge.Revolut’s Premium and Metal account holders (subject to a monthly fee) have no monthly limit on currency exchange. For me, this is 75 CHF per year. Follow up: I have seen posted a limit (with no fee) of £5000 per month, and $6500. You can avoid this fair usage fee by signing up to a Metal or Premium plan and receiving unlimited exchange.The highest rate relevant to your conversion will apply. This fee is 2.5% for Standard users (and 1.5% for Premium and Metal users). Check service status Get updates on issues & maintenance. Premium and Metal customers do not pay this fee.This £1,000 is calculated across all types of exchanges, of all currencies (including cryptocurrencies) and precious metals, each monthly billing cycle (or, for Standard users, each monthly anniversary of your sign up date). We may charge this fee if these or other exchange markets are closed at other times too.We also charge a fee of 1% for exchanges in money currencies that are traded less and so are not always easily available. You can avoid these fees by making your exchange on weekdays. 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?

My new credit card will bill me 1.5% of this amount. I just joined! Revolut: A Summary. A Standard customer is anyone who is not a Premium or Metal customer. 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. This is from the day you signed up. 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? Or is there some other way of the monthly limit being reset?Hey Dan, the limit reset is on a rolling month basis. 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. Let's summarize the biggest benefits of the Revolut card: 1) Better exchange rates. Hello revolut people! This means it’s calculated as the total of all your exchanges in precious metals, cryptocurrencies and traditional currencies during cycle. I.e. You may use the Metal card to get access to your money in more than 150 currencies. Revolut is tightening its foreign exchange offering for its free plan in a bid to reduce costs amid a coronavirus slowdown. These currencies are set out below.The exchange rate for cryptocurrency includes our fee for our Crypto Services. I.e. If I use the Revolut card for all my foreign spending, I will save 75 CHF per year.

The set amount depends on what your base currency is and is set out on our Fees Page.

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    revolut foreign exchange limit