Questions tagged [revolut]

7 questions
8
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4 answers

How can a bank make it possible for their customers to get their salary up to two days in advance?

I read on https://blog.revolut.com/revolut-launch-united-states/: U.S. customers will be able to get their salary up to two days in advance via direct deposit at no cost. How can a bank make it possible for their customers to get their salary up…
Franck Dernoncourt
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3
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1 answer

Why does the interbank currency exchange rate differ from the Reuters, New Change and XE exchange rate?

I'm looking at converting some USD into EUR. I am comparing Revolut's currency exchange rate with Wise' currency exchange rate. As of now: Revolut: 1 USD = 0.9216 EUR (screenshot). Revolut states they use the "interbank rate" (and add some fees in…
Franck Dernoncourt
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1
vote
2 answers

Revolut account and taxation

I have one account from Revolut and one account from my Country (EU). Some friends will send me some money in revolut for a job. At the end of the year, I have to report this money for taxation or is safe? Revolut gives a report by name or by TAX…
pioupiou
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0
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1 answer

How can I get a LT IBAN in Revolut instead of GB for my Euro account?

I have a €-account in my Revolut app that has an IBAN starting with GB (standing for Great Britain (UK)). Unfortunately the UK is not part of the European Union (EU) anymore. I've heard that some people have an IBAN starting with LT (standing for…
Jakob
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-1
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1 answer

Lost money from Revolut to Monese bank on 3 repetive transfers since 18.12.2023

Hi since 17th December 2023 I transferred from my private account Revolut to my other private account with Monese and still not arrived and Monese claims not having received my money claiming Revolut has to recall this from the intermediary bank…
EJC
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1 answer

Why does it take up to 20 working days to refund an account after a failed SWIFT transfer?

I attempted a SWIFT transfer from Revolut UAB to Charles Schwab (USA). It failed due to incorrect recipient information. Revolut UAB mentions it takes up to 20 working days for the Revolut UAB to be refunded. Why does it take up to 20 working days…
Franck Dernoncourt
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-6
votes
2 answers

Why would a recipient bank reject an incoming international transfer?

I tried to make a SWIFT international money transfer from my Revolut bank account based in Europe to my US brokerage account, and my US brokerage account (Charles Schwab) rejected the transfer, according to Revolut. Why would a recipient bank reject…
Franck Dernoncourt
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