Exchange like an expert

We strongly recommend you always choose to pay and withdraw money in the local currency when abroad. Not taking this route can cost you more for 2 reasons:

1. Some merchants and ATMs will charge you in your base currency and apply their own currency exchange fees on top, technically exchanging the money twice and costing you more — first within Revolut Business in your base currency, and again at the ATM on that country's local currency.
2. When ATM providers recognise you're using a card from a foreign country, they use this opportunity to apply their own exchange rate to make a profit on each transaction.

At Revolut Business we determine the rate based on market conditions like liquidity and volatility, and it might be different from averages published by other sources.Learn more about currency exchange.

A 0.6% fee is applied to any exchanges above the monthly allowance according to your plan. Exchange mark-up fees below apply to all plans.

During market hours (23:00 GMT Sun to 22:00 GMT Fri)

• No currency exchange fees. We don’t charge fees on public holidays unless they fall outside currency exchange market hours.

Outside of market hours (22:00 GMT Fri to 23:00 GMT Sun)

• We fix the rate we provide to protect ourselves against fluctuations. This means a 1% fee applies to all currency exchanges.

About exchange rates

The exchange rate is constantly fluctuating. This means that the amount of money you receive will depend on the exchange rate that was in effect when you locked in the exchange. The rate we lock outside market hours may not be the same as the available rate when the market opens. For incoming transfers, different fees may apply.

With Revolut Business, you can keep and exchange over 30 currencies in your Business account, including: GBP, EUR, USD, ZAR, TRY, SGD, SEK, SAR, RON, PLN, NZD, NOK, JPY, ILS, HUF, HKD, DKK, CZK, CHF, CAD, AUD, AED, BGN, MXN, THB, RUB, QAR, ISK, INR, RSD, KRW, COP, CLP, LKR, BRL, VND, NPR If the currency you're looking for isn't listed, it doesn't mean you can't make transactions with it. Check our FAQ on transfers to learn about countries you can make transfers to.

To exchange money between your accounts:

• Go to your Business app's Home screen
• Click on the Exchange button (in mobile app, click the 3 dots, then Exchange)
• Select your desired currencies and amounts

This same process applies to moving money between 2 accounts of the same currency within your Revolut Business account. Fees may apply for currency exchange, and they're subject to change. Learn more about exchanging your money.

Look for your currency exchange allowance, usage, and billing date on your billing page. Depending on your currency, you have a set amount of money you can exchange for other currencies. Your allowances will reset on your plan's billing day (there can be a delay of up to 24 hours between when the subscription fee is charged and your plan allowances reset). If you exceed your plan's exchange allowance, you’ll pay a flat 0.6% fee, and any other applicable fees, when exchanging currency.

A market order is an order to buy or sell a currency at the market’s best current available price. A market order is usually executed immediately, but doesn't guarantee a specific price. This type of order is often used by investors who want to fill their orders quickly. Learn more.

A limit order is an order to automatically buy or sell currency at a price you choose, or better. Buy limit orders are executed at your specified price or lower. Sell limit orders are executed at your specified price or higher. Limit orders aren't guaranteed — the exchange will only happen if the price of a currency increases or decreases to your set limit price. If it doesn't, your order is left unfilled. Learn more.

With a stop order, you place a threshold (or ‘stop’) on how much you’ll buy or sell a currency for. Your order triggers when the current price moves beyond your ‘stop price’. It may execute at a different price (lower or higher than your stop price) depending on fluctuations. Stop orders aren't guaranteed to execute until the price of the currency reaches the set stop price. Learn more.