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Will I be charged for receiving funds?

If you exceed your plan's allowance for local or international transfers, you will be charged for receiving funds.

For each local transfer you send or receive above your plans allowance, you will be charged £0.2 per transfer. As for international transfers above your allowance, you will be charged £3 per transfer.

Revolut does not charge you additional fees for transferring money, however we can’t prevent a beneficiary or intermediary bank from applying a fee as the money is moved or received.

For GBP and EUR local transfers we will not charge anything as long as you're within your free allowance for local transfers and the only costs may be applied by the beneficiary bank, these transfers are made through Faster Payments and SEPA respectively. If the beneficiary bank is located outside the EU or transfer is not in euros, then your transfer will be sent via SWIFT and you might incur international wire transfer fees.

The sending bank could also charge a fee for sending funds to you. When your money is in transit, it might be processed by an intermediary bank who might also deduct a handling fee. Therefore, the amount received might be less than the amount sent.

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