Sending money overseas? Here’s how with Revolut

11 September 2023Eva Chen

Sending money overseas doesn’t have to break the bank. With Revolut you can make fast, easy, and secure low-cost transfers to almost anyone across the world. Exchange 30+ currencies, including popular currencies like IDR, USD, PHP, GBP, at rates that beat the major banks every time.

So whether you have friends next door or family across the world, we’ve got loads of features to help you connect with the people you care about.

Check out this nifty guide and send money the smarter way with Revolut.

How much does it cost to send money with Revolut?

Did you know Revolut is a lower cost alternative to transfer money overseas compared to the major banks? Our mission has always been to keep transfer fees as low and as competitive as possible — so if you’re sending cash on a regular basis, you don’t have to worry about excessive costs.

Check out our currency converter calculator to see exactly how much you’ll save when you exchange currency and send money overseas with us.

Don’t forget, we charges no fees to send money in the same same currency between Revolut friends — regardless of where you are in the world. If your friends aren’t already using Revolut, we’ll always be upfront and transparent about any transfer costs before you hit ‘Send.’

What are the different Revolut transfer methods?

Revolut offers multiple ways to transfer money at home and abroad, so you can choose the most convenient and cost-effective option for you. Choose from 3 options including:

Bank transfer: Payments usually arrive within 1 business day. This is often the most cost-effective option for sending money in same currency across the world
SWIFT: Send and receive payments across the world, even in different currencies
P2P (peer-to-peer): Offers fee-free transfers between Revolut friends (exchange rates may apply) and usually arrives in seconds

How do I send money across the world with Revolut?

If you don’t already have the Revolut app, it’s super easy to get started and send money across the world — all in a few simple taps. You can even set up a scheduled transfers if you’re sending money regularly to save time down the line.

Here’s a quick 4-step guide to sending money overseas with Revolut:

1. Open the Revolut app and log in to your account
2. Tap ‘Transfer’ > ‘New’ > ‘Send international’
3. Choose your destination country and currency
4. Enter your recipients details — you’ll need their full name, bank account number, and sort code. Some payment methods and destination countries may require additional information

When will my money transfers usually arrive?

Most global money transfers will usually arrive within 1-2 business days, if not within a few hours. You’ll get real-time tracking in-app to know where your money is at all times. No more worrying or wondering when it’ll arrive — your money will be delivered quick and hassle-free, even if it’s to the other side of the world.

Is my money secure with Revolut?

At Revolut, your peace of mind is our number one priority. Revolut employs state-of-the-art security measures to protect your personal and financial information. We watch over your account to flag suspicious transactions, keep your card details safe, and ask for extra verification before you initiate your transfers.

Plus, we hold all of our customer funds with an Australian bank, protected by a bank guarantee, so don’t worry — you’re in good hands.

Sending money globally no longer needs to be a complicated or costly process. With Revolut, you can enjoy the benefits of competitive pricing, speed, security, and convenience.

Whether you're a frequent traveler, an expat, or a business owner dealing with payments around the world, download the app today and discover a smarter way to send money at home and abroad.

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