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Sending SWIFT transfers

SWIFT payments are a type of international transfer sent via the SWIFT international payment network. The SWIFT international payment network is one of the largest financial messaging systems in the world. You can send and receive SWIFT payments using your Revolut Business account.

Unlike many banks, we don't automatically charge SWIFT payments as international payments because sometimes we make a transfer between parties within the same country in order to allow for things like higher transfer limits. This is because we understand that for businesses sometimes the ability to send large amounts in a single payment is more important than a fee for the payment, for example. We often treat such payments as local payments in order to save our customers paying any fees. For more information on how we classify local and international payments, please see here.

When the money is in transit, correspondent and intermediary banks may also deduct their handling fees. Unfortunately, we don't have control over these fees and they are deducted from the final amount that the recipient will receive. However, when you send an eligible international payment with us, you can ensure the recipient receives the full payment/transfer amount by using our Guaranteed SWIFT (OUR) Transfer feature. This allows you to choose to pay the full fee yourself. You can view more details on our fees page.

To make a SWIFT transfer:

  • Simply click 'Send' on your Business account Home page
  • Click the plus sign (+) to add a new counterparty OR select one from the list
  • Choose between Guaranteed SWIFT (OUR) or SWIFT (SHA) for applicable payment routes
  • Continue with steps on-screen.

SWIFT transfers are usually sent using IBAN and BIC/SWIFT code. If input fields say something else, i.e. Account number, this should be a better (faster or cheaper) option available and you should use the Account number instead.

The same applies to receive a SWIFT transfer.

If you have any troubles with the transfer, please reach out and submit a support request here.

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