What is the maximum amount I can send per transfer using Revolut?

Revolut, a popular digital banking app, is widely used for sending money internationally. If you’re considering using Revolut for remittances, you might be wondering about the maximum amount you can send in a single transfer. The answer largely depends on your account type and verification level.

For Revolut Standard, Plus, and Premium users, the maximum limit for international transfers can vary. Typically, the limit is set at £1,000 per day for new accounts, but it can go higher after you complete the necessary identity verification steps. Users on Revolut’s Metal plan may enjoy higher limits for both domestic and international transfers.

It’s important to note that Revolut’s transfer limits also depend on the country you’re sending money to, as some countries have their own restrictions in place. Additionally, the type of currency you’re sending and the recipient’s bank can also influence these limits.

To ensure a smooth remittance experience, it’s recommended to verify your identity and check your account limits before making large transfers. This will help you avoid delays and ensure compliance with financial regulations.

Does Revolut support currency exchange during money transfers?

Revolut has become a popular choice for individuals looking for an efficient way to send money internationally. One of the standout features of Revolut is its support for currency exchange during money transfers.

When using Revolut to send money abroad, users can exchange currencies at competitive rates, often better than traditional banks or other financial services. Revolut provides the flexibility to hold and transfer funds in multiple currencies, making it a convenient option for global remittance needs.

In addition to offering low exchange rates, Revolut allows users to convert money instantly, meaning recipients can receive their funds in the local currency without any hassle. This real-time exchange capability makes Revolut an ideal solution for fast and cost-effective international transfers.

Moreover, Revolut’s transparent fee structure ensures there are no hidden costs when exchanging currencies, allowing users to know exactly how much they will pay for the transfer and conversion. This makes it an attractive option for those looking to maximize the value of their remittance.

Overall, Revolut's seamless currency exchange feature enhances the user experience, providing an efficient way to send money internationally with minimal fees and a competitive exchange rate.

How can I transfer money to a Revolut account using a debit card?

Sending money to a Revolut account using a debit card is one of the simplest and fastest ways to fund transfers. Many people prefer this method because it is convenient, secure, and allows instant transactions without the need for complex banking details. For remittance businesses, offering debit card payments ensures that customers can send money to loved ones abroad with just a few clicks.

To transfer money, first log into your Revolut app and select the “Add Money” option. Choose “Debit Card” as your funding source, then enter your card details. Once verified, the money will be credited instantly to your Revolut balance. From there, you can use Revolut’s international transfer feature to send funds globally at competitive exchange rates.

Using a debit card for remittances to Revolut provides speed and reliability, making it ideal for urgent transfers. Customers don’t need to wait for lengthy bank processing times. Instead, they can enjoy immediate access to their funds, ensuring that family or friends receive money without delays. For businesses, highlighting debit card transfers can attract more customers seeking quick, hassle-free remittance solutions.

Can I send money to someone who doesn't use Revolut?

Sending money to someone who doesn’t use Revolut is possible, but it depends on the recipient's payment method and location. Revolut allows users to send money to both Revolut and non-Revolut accounts. However, non-Revolut recipients will need to provide their bank account details to receive the transfer.

When transferring funds to a non-Revolut user, you can opt for a traditional bank transfer. Revolut offers international transfers to most banks, and recipients can access their funds in local currencies. However, be aware that bank transfer processing times may vary depending on the country.

For quicker alternatives, you can use a remittance service that supports sending money to various payment platforms, including non-Revolut accounts. Many digital remittance businesses offer low fees and fast processing, allowing users to transfer funds across borders efficiently. Always compare fees and services to ensure the best option for your transfer.

What are the steps for transferring money from Revolut to a non-Revolut bank account?

Transferring money from Revolut to a non-Revolut bank account is a straightforward process, ideal for those who need to send funds quickly and securely. Here’s a step-by-step guide:

First, open the Revolut app and log into your account. Ensure that your bank details are updated to avoid any delays. If you're transferring funds to a non-Revolut bank, you will need to add the recipient's bank account details under the "Payments" section.

Next, go to the "Payments" tab and choose "Send Money." Select the recipient’s bank account, which may require their IBAN and SWIFT/BIC code for international transfers. For domestic transfers, the account number and sort code may suffice.

Once all the necessary details are in place, choose the amount you wish to send, ensuring that the currency conversion (if applicable) is correct. After reviewing the details, confirm the transfer. Your money should arrive in the recipient’s bank account in a matter of hours or a few business days, depending on the type of transfer.

By following these simple steps, you can easily transfer money from Revolut to any non-Revolut bank account, enjoying a seamless experience for your remittance needs.

About Panda Remit

Panda Remit is committed to providing global users with more convenient, safe, reliable, and affordable online cross-border remittance services。
International remittance services from more than 30 countries/regions around the world are now available: including Japan, Hong Kong, Europe, the United States, Australia, and other markets, and are recognized and trusted by millions of users around the world.
Visit Panda Remit Official Website or Download PandaRemit App, to learn more about remittance info.