Altough Revolut statement is that no fees are charged for bank transfer or bank cards usage to top up the Revolut account, there is a charge that comes from the difference in the demanded top up amount and the settled amount. My bank considers the transfer done with the debit card as a foreign POS usage.Practically, in order to have EUR in my account I passed through 2 currency exchange transactions: one from REVOLUT currency (whatever is EUR,USD,GBP) to RON via foreign POS usage, and then from RON to EURO done on REVOLUT site, as I was interested in having EUR in my Revolut account.I could top up my Revolut account directly with EUR if I would have known how a top up trade of Revolut is seen.so, for the future, it’s good to know if REVOLUT has local accounts in the user’s country to avoid a double ccy exchange.
that is what I have done, I have a RON bank account with a linked debit card, I topped up with RON my Revolut account.however, the settlement between REVOLUT and my bank was done via a currency exchange, and not directly in RON.
If I understood you well, you wanted to transfer RON - RON, but it appeared RON- GBP- RON (then exchange to EUR).
If yes- IMO it means that during transfer you or your bank have used wrong currency description (during transfer you have to choose country and the currency)
Hm, I don’t see how this should change currency of the transaction. If a card issuer decides to see Revolut’s top up service as cash advance, they might apply additional fees. But it should not interfere with the transaction itself.
It is just a difference in amounts btw topped amount with revolut and settled amount with my local bank.example:i top up ron 1000 via maestro card,my local bank receives for settlement ron1014,describing the transaction as a foreign POS usage for a GBP-RON exchange.neither revolut,nor my bank is charging fees.
Can you check the transaction within the Reovlut app? Which currency do you see there? Does it show a conversion from GBP to RON? Or are you only seeing a RON transaction?
If you only see the RON transaction within your Revolut app, the + 14 RON might be some sort of fee for transactions abroad, most likely charged by your bank. Most banks only apply this when a transaction happens in a foreign currency, some banks apply them on all transactions from foreign merchants, regardless of the currency. Swiss banks also do that sometimes, for example.
It is not a separate fee;it is included in the settled amount.i asked the bank and they told me that it is seen as a GBP-RON exchange for a payment with a foreign POS.why GBP bcs the account used by Revolut is with a London subsidiary of a Canadian bank.that’s the way I understand.if would have been a fee from my local bank,that should have been mentioned separately,as it was a case for other card usages abroad-ex:withdraw of cash in EURO from a foreign Atm,abroad, comes with a separate fee of EUR5 equivalent…
You can easily check how Revolut sees this transaction: what are the details there? Do you see any conversion mentioned in the transaction details? If you don’t, and if you only see a RON transaction in the Revolut app, there did not happen any conversion on Revolut’s side.
If you do see a GBP / RON transaction, you need to be careful to top up in RON, and not in GBP.