I’m getting paid in US$ from a UK company via their Barclays US$ account.
When I have had this paid in to my Lloyds account previously I lose a lot of money in exchange rates. So I have asked for it to be paid in to my Revolut account. Using the reference and IBAN details on my App.
But, I notice the IBAN is a Lloyds GB account as well. Will the US$ amount in my Revolut account be the same as the amount paid in? Or will Lloyds do their own exchange in to GBP and back, meaning I lose even more money on the exchange?
Also, how long will the transfer take?