What are the limits on outbound transfers?
All SWIFT transfers are unlimited. This includes other over the limit transfers and transfers in all other supported currencies not mentioned in this article.
As for SEPA Instant Credit Transfer, you're limited to 100k EUR per payment. If you go over this limit, or if the beneficiary's bank doesn't support this kind of payment scheme, your transfer will be processed as a normal SEPA Credit Transfer one.
If you make any transfer in INR (only possible to India), IDR (to banks domiciled in Indonesia) and MYR (to Malaysia), there’s a limit of 5k GBP/day. As for domestic transfers to the Philippines made in PHP, the limit is set at 1k GBP/day or equivalent in other currency.
In addition to the standard information, regarding INR transfers you’ll also need to ask the beneficiary for:
- Their bank’s name
- The IFSC
- The Payment Purpose Code from our dropdown list
Transfers made in MYR to Malaysian banks will also need you to input the Payment Purpose Code from our dropdown list (please confirm this in advance with the beneficiary).
As for the PHP transfers to the Philippines, you’ll need to provide us with a Payer identification type (your ID document, e.g., drivers license, passport, visa, national ID) and your Payer identification value (the number matching the document for the Payer identification type).
Limits mentioned above can't be increased. You're also limited by your account balance. There is no minimum limit. Find out about our transfer fees here. If any you have any issues with a specific currency/country transfer, please reach out to our support team.
- Transfer fees
- How long do transfers take?
- How can I download my transfer confirmation or MT103?
- Where can I find my account details or IBAN?
- Does Revolut Business accept cash or receipt deposits?
- What is Revolut’s address?
- How to edit counterparty details?
- Local account details
- Local VS International transfers
- Multi-currency IBAN
- What are SEPA Instant transfers?