Reviews Revolut

Revolut International Money Transfer Review

Revolut combines international transfers, currency exchange and card spending in one app, but fees, allowances and customer protections vary materially by market and plan.

Overview

Revolut combines a multi-currency account, card spending and international transfers in one app. Its 2025 annual report recorded 68.3 million retail customers at 31 December 2025, but the product is not identical worldwide: pricing, eligibility, legal entities and customer-funds protection depend on where the customer lives.

For US customers, Revolut says bank transfers can be sent to more than 160 countries in more than 70 currencies. It shows its own fees and an estimated arrival time before confirmation. The final amount received can still be affected by exchange charges and fees deducted by intermediary or recipient banks.

Revolut can be attractive when an exchange remains inside the customer's plan allowance or when money is sent to another Revolut user. It becomes less straightforward when a transfer crosses a plan limit, occurs outside foreign-exchange market hours, uses SWIFT, or uses a route with a separate transfer fee.

Compare Revolut exchange rates

Use the live comparison below to compare Revolut with other available services for your transfer.

Best For

Customers who want one app for international transfers, currency exchange and card spending.
Travellers who can plan exchanges around their market's Standard-plan allowance.
People who frequently send money to other Revolut users.
Customers comfortable checking the final in-app quote rather than relying on one universal fee schedule.

Pros and Cons

Pros

Revolut fees and the estimated arrival date are displayed before a bank transfer is confirmed.
Transfers between Revolut users are generally instant and have no transfer fee.
Multi-currency balances, card spending and transfers are available in the same app.
Paid plans can increase or remove some exchange allowances, depending on the market.

Cons

Pricing, allowances, eligibility and protections vary materially by country and plan.
Fair-usage and out-of-market-hours exchange fees can apply.
International transfer fees can be separate from currency-exchange fees.
Intermediary and recipient banks may deduct charges unless an eligible pay-all-fees option is used.

Fees Summary

There is no single global Revolut fee schedule. The following Standard-plan examples were verified against Revolut's regional fee pages on 14 July 2026:

Market	Standard subscription	Exchange allowance and common extra fees	Transfer notes
United States	$0	USD customers can exchange $1,000 per monthly cycle before a 0.5% fair-usage fee. A 1% fee applies outside FX market hours.	Local-currency international transfers are 0.15% with a $0.75 minimum; foreign-currency international transfers cost up to $6. The optional Pay All Transfer Fees feature is $30 on eligible routes.
Australia	A$0	Up to A$2,000 per rolling month. Fiat exchange above the allowance costs 0.5% during market hours; out-of-market-hours pricing is 1% within the allowance or 1.5% above it.	AUD transfers to Australian bank accounts are free. Other transfer fees vary by currency and destination and are shown in-app.
United Kingdom	Free	£1,000 per month, then a 1% fair-usage fee on additional exchange for Standard customers. Revolut uses its own variable exchange rate.	Local GBP payments and SEPA payments are free; other international payment fees are calculated in real time and shown before confirmation.
Singapore	Free	S$5,000 per month, then a 1% fair-usage fee. Exchanges outside FX market hours also attract 1%.	Other-transfer fees vary by route. Local-currency transfers use a percentage fee with currency-specific minimums and a S$400 cap.
Brazil	Free	BRL exchanges have a BRL1,000 monthly allowance and direction-specific charges above it. Exchanges between other currencies have a BRL10,000 allowance, a 1% weekend fee and a further 0.5% above the allowance.	Transfers involving conversion generally cost 0.5%; the app shows applicable charges before confirmation.

The comparison should be based on the recipient amount in the live quote, not the subscription price or exchange rate alone. Revolut's rate is a variable rate set by Revolut; it should not automatically be described as the mid-market or interbank rate.

Speed

Revolut-to-Revolut transfers are generally instant. For US personal accounts, Revolut says an outbound wire usually reaches the recipient in one business day, ACH can take up to five business days, and outbound SWIFT transfers can take up to two business days.

These are route-level estimates rather than guarantees. Weekends, public holidays, recipient-bank processing, intermediary banks and compliance checks can extend delivery. Check the estimated arrival shown in the app for the specific transfer.

Verdict

Revolut is a strong multi-purpose option for customers who want to exchange, spend and transfer from one app. It is especially convenient for transfers between Revolut users and for customers who remain within their plan's exchange allowance.

It is not automatically the lowest-cost choice for every international bank transfer. The combination of a variable Revolut exchange rate, plan allowances, market-hours rules, route fees and possible third-party deductions makes the final quote essential. Compare the recipient amount with specialist transfer providers before sending a larger payment.

Market Availability

Revolut's current personal sign-up list includes Australia, Brazil, the EEA, Japan, New Zealand, Singapore, Switzerland, the United Kingdom and the United States. Canada is not on that personal availability list as reviewed on 14 July 2026. A BER b=CAD comparison therefore does not establish that Canadian residents can open a Revolut personal account.

Compliance

Revolut's legal and regulatory position is market-specific. In the United States, Revolut Technologies Inc. is a technology services provider and program manager; prepaid card banking services are provided by Lead Bank, Member FDIC. FDIC insurance applies to eligible funds while held at Lead Bank and does not protect against Revolut's failure, theft or fraud.

In Australia, Revolut Payments Australia Pty Ltd states that it holds Australian Financial Services and Credit Licence number 517589. Its fee page says eligible AUD deposits are protected by the Australian Financial Claims Scheme up to A$250,000. Customers elsewhere should read the legal terms for their own country rather than assuming the US or Australian arrangement applies.

Frequently Asked Questions

Is Revolut a bank?

There is no single global answer. Revolut reports operating as a licensed bank in 30 countries, while other markets use different Revolut entities or partner banks. Check the legal footer and terms for the country where the account is opened.

Does Revolut use the mid-market exchange rate?

Revolut's current regional fee pages describe a variable "Revolut exchange rate" set by Revolut. An exchange fee may also apply based on the plan, amount, currency, market and timing. Review the complete in-app quote.