Account in RUB would be nice

#1

For traveling to Russia it could be very useful

1 Like

#2

You can’t yet exchange or receive RUB within the app, but you can load card in GBP/USD/EUR & spend in Russia with the interbank exchange rate :ok_hand:t2:

1 Like

#3

Yes, I know. And it’s awesome. In was just saying that exchanging RUB within so would be even better

1 Like

#4

I confirm it works very well there, never had any issue with ATMs or in stores :muscle:

RUB could be a nice addition indeed :clap:

0 Likes

#5

AndreasKTeam Revolut

Jan '18

You can’t yet exchange or receive RUB within the app, but you can load card in GBP/USD/EUR & spend in Russia with the interbank exchange rate :ok_hand:t2:

What about 1% comission? Please correct me if I am wrong - you always add on 1-2% to the interbank rate when spending in RUB. Thanks

0 Likes

#6

RUB were added with one of the recent app updates!

2 Likes

#7

Is this markup still up to date?
I have a monthly fee to pay in RUB for a streaming service, I may move the payment to my Revolut (at the moment I use a competitor card at the Mastercard rate)

0 Likes

#8

See here https://www.revolut.com/en-SE/legal/fees/

According to this page you pay extra 1-2 % for RUB, that’s why I reacted to Andreas’s statement above. He works for Revolut so I believe he must be certain about the rates.

MasterCard rate seems to be in average 0.25% worse than Interbank rate, but with 1% it becomes more beneficial to use MasterCard rate , even on weekdays.

On the other hand, with Revolut you can set up autoexchange in such way that it will buy some RUB for you every time when the rate fluctuates down. But it requires some time and energy to calculate and set up accordingly, and a risk of losing money of course .

0 Likes

#10

Thank you for your reply. Actually I only need 199 RUB per month, so I guess the extra 1 or 2% will not make much difference. 2.77€ or 2.79€ instead of 2.74€, économies de bouts de chandelles as we say in France :sweat_smile:

0 Likes

#11

I agree. But I would still ask the Revolut representative in this thread to correct himself or confirm the statement about “spending with Interbank rate” in Russia.

0 Likes

#12

I agree; this is definitely a currency that Revolut should do more work on. I acknowledge that this is probably a lot more challenging to roll out because of compliance and operational issues. However, competitors like Transferwise are already offering it.

0 Likes