Barclays Fees


#1

it’s a bit misleading when you say your transfers are without fees. I sent 1000 US$ to REVOLT and received only US$ 975 on my acc. even its a Barclays Fee…thats your bank…its costs fees!


#2

Hey there @jwalder :slight_smile:

It’s clearly stated in the FAQs:

It’s not “fee free”, it’s “:r: will not charge you fees for it” :slight_smile:
.


Extract from the FAQs:

If your transfer is in PLN, USD or any other currency then it will likely be sent via SWIFT. This means that your bank (and/or an intermediary bank) could charge you an international transfer fee.

With SWIFT transfers there are a few things to bear in mind:

  • Your bank is likely to charge a fee to make a SWIFT transfer to Revolut.
  • When your money is in transit, it may be processed by an intermediary bank. They may also deduct a handling fee.
  • The amount you receive in your Revolut account therefore may be less money than you sent.
  • Depending on which fee option (SHA, BEN, OUR, REM) you choose while doing a SWIFT transfer to Revolut, intermediary, originating bank and beneficiary bank (namely Lloyds) can apply a handling fee for that transfer.
  • As banks charge different amounts and are not always transparent, we cannot provide an accurate amount you would be charged.