I’m trying to send some CHF from my UBS account to the credit suisse account specified in the revolut app. The problem is that when I do a local transfer from the UBS mobile app or UBS web site there is no option to enter the reference number that is required so that Revolut knows in which Revolut account to transfer the money.
I noticed that this reference number is available when you do sepa/swift international transfers. You guys used international transfer to send CHF to revolut? any fees?
Wait a second, there must be some way to enter a “Verwendungszweck” or something like that. When paying bills, you want to put in an invoice no. somewhere.
Put in the reference there. That should work.
I used the demo version and suggest this entry as in my attached picture. It’s a domestic payment and instead of the 40404040 you enter your number
Reason for payment is the field that you are looking for
Has anyone found a solution to this very annoying problem ? Until now, I could use revolut to convert from EUR to CHF in a nice way but my last transfers were all charged 12 CHF fees so it will not be interesting anymore if it’s the case for all the transfers! Why has Revolut changed the way they send money to Swiss accounts ? The approach they were using before was clearly much better ! If there is no solution, is anyone knowing a nice way to convert from EUR to CHF without fees (like revolut used to be before this change…)
Thank you very much !!
So far there is no solution. Revolut is looking to solve the problem. I was told it is due to a payment provider that changed the way SWIFT transfers are handled. They are negotiating to change it back, but there is no ETA…
has this problem occurred also AFTER updating the app to 5.41??
This has nothing to do with the App.
Revolut sends CHF via SWIFT to the Swiss recipient and anyone in between takes the fees.