How to transfer money from Revolut to my Bank account

How to transfer money from Revolut to my Bank account – Are you looking for a virtual bank that allows you to spend in over 90 countries, a bank with a debit card and account that could be used abroad with no foreign transaction fee, Revolut is designed to do just that for you.

 What is Revolut Bank?

Revolut is a British fintech company that offers banking services via its mobile app strictly.

Founded in 2015, Revolut offers an array of services which include but are not limited to;

• Prepared debit card
• P2P payments
• Currency exchange also provides
• Cryptocurrency exchange services.

With spending and ATM withdrawals across 120 currencies, and money transfers in 29 currencies from the app, Revolut arguably has achieved a good feet.

Features of Revolut

• Easy-to-use app
• Manage funds and control budgets on the go
• Revolut supports over 150 currencies, thus a convenient bank for travelers.
• No foreign transaction fee is incurred when the card is used abroad.
• How to transfer money from Revolut to my Bank account

How to transfer money from Revolut to my Bank account

 To send money from the Rovolut app to your bank account is quite easy and it can be completed in a few steps.

However, you must have signed up and using the Revolut app at this time

Step one: Open the Revolut app and log in to your account

Step two: Click on “send transfer” at the bottom of your app

Step three:  Click + sign for new to send money from the app to your bank account

Step four: Click “Bank recipient”; enter country, currency, account number, email address, etc., and click on the blue arrow to continue.

Step five: Enter the address of the receiver/beneficiary in this case

Step six: “Click on “Add beneficiary” select how much you are looking to send from the App and click on “Continue.”

Step seven: Review your transfer on the screen for correctness, then click on “Send” and the money will be sent to your bank account.

Note: You are not charged a fee to transfer money to your bank account.

Can you transfer from Revolut to your bank account?

Sure, you can use your Revolut account in any of the following ways; send money to other Revolut users better still called instant transfers, send money to a bank account, or send money to a card also known as card transfers.

How do I withdraw money from my Revolut account?

To withdraw money from your Revolut account, log in to your app and click on “Transfer” and go to “New” click on “Bank recipient” If you are looking to withdraw into a bank account, fill up the information of the beneficiary, enter your international business number and click on proceed.

This way you can be able to withdraw money from Revolut to your bank account.

How do I transfer money to my Revolut account?

If you are looking to move money within the same Revolut business account, click “Exchange” on the home screen and move money to a preferred Revolut account.

Can I send money from Revolut to PayPal?

PayPal does not allow direct transfers from Revolut accounts, you will need to link your Revolut account to your PayPal account and then withdraw funds from your Revolut account to your PayPal balance.

How long does it take to transfer money from Revolut to a bank account?

The Clearing House Automated System can take up to 1 day, if the bank only supports the Banker’s Automated Clearing System, it can take up to three business days.

How much money can I transfer with Revolut?

The daily limit on a total number of payments is 30M Pounds, the weekly limit on a total value of payment is 100M Pounds, the daily limit on a total number of payments is 25,000 Pounds, weekly limit on a total number of payments is 100,000 Pounds.

Can someone without a Revolut account send me money?

For people who do not have the app, Revolut will create a link that you can share with them so that they can pay you back by debit or credit card in AUD, BGN, JCAD, CHF, CZK, EUR, JGBP, HKP, HKR, HUF, JPY, NOK, PLN, RON, SEK, USD, ZAR.

Where is my Revolut PIN?

Log in to the Revolut app and go to the card section, tap the card icon in the top right, find the relevant card, tap ‘settings’, and select ‘view PIN’ to see your PIN.

How do I receive money in my Revolut account?

Kindly head over to your home screen and select accounts, then select the currency you’d like to receive your money in, and tap on add new if it’s a new currency.

Tap the details on the home screen, and select the SWIFT tab to see your details. Use the provided SWIFT account details to initiate a transfer from your bank’s website or app, just like a regular transfer or share your account details with the person or business who wants to pay you.

Does Revolut have IBAN?          

The answer is yes. IBAN stands for International Bank Account Number, an internationally agreed system of identifying bank accounts across national borders.

It has IBAN for individual countries where the service is enabled.

Does Revolut allow ATM withdrawals?

Yes, you can use your Revolut card to make cash withdrawals at ATM points, however, a 2% fees usually apply.

How many digits is Revolut IBAN?

The IBAN for Revolut in the United Kingdom consists of 22 characters, 2 2-letter country codes, a 2-digit check number, and 4 characters from the Revolut bank code.

Revolut bank address

If you need the bank name and address it’s REVOLUT LTD, 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.

Conclusion

Revolut is a British fintech company that offers banking services via its mobile app strictly.

Founded in 2015, Revolut offers an array of services which include but are not limited to;

• Prepared debit card
• P2P payments
• Currency exchange also provides
• Cryptocurrency exchange services.

To send money from the Rovolut app to your bank account is quite easy and it can be completed in a few steps.

However, you must have signed up and used the Revolut app at this time.