If I top up my UK-based Revolut account from a US bank account, will there be a fee? I’ll be topping up into my USD account but I can’t find much information about whether the bank will still charge me a handling fee because of it being a foreign account.
If there is, an estimate would be great - PayPal charge a flat 3 fee for moving from US to UK account, so if it’s less than this amount it’d be better to do it through Revolut.
common workaround is to use Transferwise Borderless Account that offers a US bank account to transfer money to and then use the TW card to top up Revolut in US$.
Explicitely use the TW card and don’t do a Transfer.
That way you should be able to get money to Revolut without any fees.
Thanks for your reply, I ever actually saw this. If you are still active on this forum, I have a question about this workaround.
To do a transfer that you warned against would cost me $4.80 on Transferwise’s end as a SWIFT payment. Meanwhile, ordering a debit card from Transferwise is £5. So I want to know if I use the supposedly $4.80 SWIFT payment, are there extra fees? Does Revolut charge for receiving SWIFT? Are there intermediary bank charges which some people warn are very expensive?