ATM Fee and payement fee Euro to Malaisya and Singapore


#1

Hello,

I live in France and I will travel to Singapore and Malaysia. I have the normal revolute card. Malaysian currency MYR does not appear in my conversion list.

I would like to know :

  • Fees if I withdraw money from ATMs in Singapore and Malaysia.
  • The fee if I pay directly with my card at a store in Singapore or Malaysia.
  • Is there a daily or weekly limitation if I withdraw money from my account?
  • Is there any additional fees depending on the amount I withdraw from ATM or pay in a store?

Thank you


#2

Hi,
MYR currency is listed as currency which you can spend using :r: card - https://www.revolut.com/pl/faq?lang=en#what-currencies-are-supported-for-spending

according to your questions:

  • fees depends on ATM, you should always choose Local Currency in ATM, then your money will be exchanged to MYR by revolut without fees in working hours - https://www.revolut.com/pl/faq?lang=en#are-there-any-charges up to 200 GBP in MYR in 30 days will be free of charge to withdraw (rolling month)
  • same as above, limit is in same FAQ point - £5,000
  • there is limit with card spending - https://www.revolut.com/pl/faq?lang=en#are-there-limits-to-my-revolut-account - Card spending is limited to £30,000 or equivalent per year with a sublimit of £5,000 or equivalent per 96 hours meaning that you cannot exceed £5,000 or equivalent in card spending in a 96 hour period. Cash withdrawals from ATMs are limited to £500 or equivalent per day.
  • if you withdraw more than 200 GBP you will be charget 2%

#3

thanks for your fast response.

i have read on the FAQ “ATM withdrawals : Free up to £200/ €200/ Fr200/ 800zl (or currency equivalent) per month. A 2% fee applies thereafter.”

  • The fee increased from 1% to 2% for the ATM ?
  • If i paid a store with my card the week-end (saturday or sunday) when the forex is closed. What will be the fee In singapor or Malaysia ?
  • Same question if i use ATM when forex is closed.

#4

2% sorry for my mistake.
For fee on the weekend exchange it is a little complicated. As I remember this currency it is 1% on weekends. It is described in a bottom of terms - https://www.revolut.com/pl/terms?lang=en

This extra value is added during the weekend and apply for all exchanges (ATM, pay in pos etc), and when you withdraw more than is the limit you must add ATM fee and exchange markup


#5

thank you. It’s complicated to estimate the fee the week-end.

i have undertsand 1% of fee in store (Euro to MYR) and 3% (2ù + 1 %) with ATM after 200 euros. is it exact ?


#6

yes. And <200EUR only 1% markup on exchange rate on weekend


#7

thank you for your help