Hi there, I just received a push notification from Revolut saying that the payment route has changed and is now processed using SWIFT.
I’m not sure what the reason is but I’m not too happy about it. While this may not be any concern to Revolut they do know that must receiving banks will charge for SWIFT transfers.
My bank TD Canada Trust hasn’t charged me for receiving money from Revolut, but surely will from now on.
Why would Revolut do this just before launching in North America? This will definitely turn off a lot of potential Canadian customers.