In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews
  • Ask an expert
Finder makes money from featured partners, but editorial opinions are our own.

Revolut international money transfer review

  • Avatar
Edited by David Gregory

Our verdict

Revolut offers easy money transfers at very competitive exchange rates, but make sure to check for fees and your plan’s limits.

Founded in 2015, UK-based Revolut has made a name for itself with its suite of money management services and travel money solutions. Arriving in Australia in 2019, Revolut offers international transfers in over 30 currencies.

It's dead easy to send money from the Revolut app, and there are no exchange rate markups when you convert currencies during exchange market hours. But be aware that fees apply, and the plan you select affects how much money you can send.

In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews
  • Ask an expert


Product details

Product Name Revolut
Pay By Bank transfer, Credit card, Debit card
Receiving Options Bank account, Mobile wallet
Customer Service Live chat
Maximum Transfer Amount Unlimited
Number of Currencies 36

Why should I consider using Revolut

  • Great user experience. The app is as user-friendly as they come. Exchanging currencies and sending international transfers is quick and easy through the Android or iOS app.
  • Get the real exchange rate (most of the time). When you exchange currency during market hours, you can take advantage of the mid-market rate. However, a markup applies outside of these hours.
  • No maximum limit on most currencies. There is no transfer limit on most major currencies but other limits may apply depending on your plan.
  • Revolut card. When you sign up for any Revolut plan, you get a debit card that's linked to your account. The Revolut card lets you spend in over 150 currencies around the world, while you can also get a virtual card to use for online and in-app purchases.
  • Other money management services. Signing up for a Revolut plan also allows you to access features such as investment services, bill splitting, budgeting tools, and more.

What to be aware of

  • Exchange rate markups on weekends. Currency conversions made between Friday 5pm (New York time) and Sunday 6pm (New York time) attract a 1% fee.
  • Fees apply. As outlined in the costs section below, you'll need to pay a fee when you send an overseas currency transfer. The fee is calculated as a percentage of your transaction amount and varies depending on the plan you choose and the currency you send. The percentage is highest on the Standard plan, so Standard members will typically be best served using Revolut for smaller transfer amounts only.
  • Plan limits apply. If you select a Standard plan, the maximum amount of currency you can convert fee-free during market hours is $2,000 a month.
  • App only. You can contact Revolut customer support via in-app chat or an automated phone service. So if you're the type of person who likes to have the option of talking to a real person on the phone or visiting a branch, this is a drawback of Revolut's financial products.

Customer reviews and complaints

As of October 2023, Revolut has an average rating of 4.3/5 from over 143,000 reviews on Trustpilot. Those who left positive reviews praise Revolut for its ease of use and for offering fair exchange rates. However, customers who gave negative ratings sometimes complain about disappointing live chat customer service.

Is Revolut safe to use for international money transfers?

Revolut is a legit provider and is headquartered in London. It serves over 200 countries and has more than 25 million customers around the world.

In terms of regulation here in Australia, Revolut holds an Australian Financial Services Licence and is authorised by the Australian Securities & Investments Commission. Revolut Australia is also regulated by Australian Transaction Reports and Analysis Centre (AUSTRAC) and is listed on the AUSTRAC Remittance Sector Register.

How to make an international transfer with Revolut

Follow these steps to send an overseas transfer with Revolut:
AU Revolut app screenshot showing how to create a new international payee

  1. Download the Revolut app on your Android smartphone or iPhone.
  2. Sign up for an account by providing your name, address, email address, proof of ID and a selfie.
  3. Use your card or bank account to add money to your Revolut account.
  4. In the Revolut app, choose the wallet you want to transfer from and tap "Transfer".
  5. Choose "Send International".
  6. Choose your destination country and currency.
  7. Enter your transfer amount and then review the exchange rate and any fees that will apply. If you're happy with what you see, tap "Continue".
  8. Enter your recipient's details. You'll usually need to provide their name, bank account number and bank code. Confirm your transfer.

How much does Revolut charge for international transfers?

You can get the mid-market exchange rate on currency exchanges during exchange market hours — roughly Monday to Friday. However, exchanges made outside market hours, which means between Friday 5pm (New York time) and Sunday 6pm (New York time), attract a 1% fee.

The next thing you need to consider when calculating the cost of Revolut money transfers is the provider's monthly membership fee. There's no fee if you're on a Standard plan, but you're limited to transferring $2,000 per month without exchange fees. Above this $2,000 limit, a 0.5% fee applies. You get a higher monthly transfer limit with Premium and Metal plans, but you'll need to pay a monthly fee.

Monthly fee$0$9.99 / month$24.99 / month
Currency exchange limit$2,000 / month$20,000 / monthUnlimited

Finally, you'll also need to consider Revolut's currency transfer fee. When you're sending an international transfer in the recipient's local currency — for example, if you're sending GBP to the UK — a percentage fee applies. The fee amount varies depending on the currency being sent and the plan you select, so check the table below for examples.

Recipient currencyStandard plan fee (minimum and maximum limits)Premium plan fee (minimum and maximum limits)Metal plan fee (minimum and maximum limits)
EUR0.30% ($0.50-$45)0.12% ($0.20-$18)0.06% ($0.10-$9)
GBP0.30% ($0.50-$45)0.12% ($0.20-$18)0.06% ($0.10-$9)
INR0.35% ($0.50-$895)0.14% ($0.20-$358)0.07% ($0.10-$179)
NZD0.30% ($0.50-$45)0.12% ($0.20-$18)0.06% ($0.10-$9)
PHP0.35% ($0.90-$895)0.14% ($0.36-$358)0.07% ($0.18-$179)
THB0.40% ($0.90-$179)0.16% ($0.36-$71.60)0.08% ($0.18-$35.80)
USD0.30% ($0.50-$45)0.12% ($0.20-$18)0.06% ($0.10-$9)


There are several other alternatives money transfer providers you should consider before deciding if Revolut is right for you.

One popular company is Wise, which offers transfers to over 75 countries around the world. Like Revolut, Wise offers the mid-market rate, while its fees vary depending on the currency you send (starting from 0.41%).

So, which is better? It depends — on the size of your transfer, where you're sending money, and what Revolut plan you select. Revolut's fees are generally lower, but Wise has much higher transfer limits and it's free to open an account.

For example, assuming you have a Standard Revolut plan, sending $1,000 to the UK, your recipient will get £2.32 more. But if you want to send a large transfer, Revolut's fee-free transfer limits on Standard plans could make Wise a more cost-effective option. Calculate the cost of your transfer with each company to find the best deal.

How does Revolut compare to other money transfer services?

Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
24 hours
TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000.
Xe Large Transfers
Within minutes
Xe has fast transfers with low fees and a range of foreign currency tools.
24 hours
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Send Payments
24 hours

Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
Within minutes
Send money with great rates and low fees in 30+ currencies.
Xe Money Transfers
Within minutes
Xe has fast transfers with low fees and a range of foreign currency tools.
Within minutes
From 0%
50% off first transaction fee from any country in APAC (outside India).
Minimum transfer of $250 and max transfer of $500,000


If you're searching for simple and affordable money transfers, Revolut is well worth a look. It's easy to use and offers very competitive rates and fees. However, the different membership tiers and fee structures it offers can be a bit confusing, so make sure the limits of your Revolut plan suit your needs.

Ultimately, be sure to compare Revolut with a range of other money transfer companies to find the right money transfer service that's right for you.

Frequently asked questions

Your reviews

No reviews yet. Write a review

Ask an expert

Ask a question

Tim Finder


Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site