Low value SWIFT transfers


#1

Hey Guys,

I have an account in a country I regularly travel to that I can send funds to, via Revolut, quite successfully.

However, the amounts I’ll need to send each month are quite small. At the moment, I withdraw cash from the ATM and deposit the funds but I really don’t want to keep ending each month paying ATM fees.

So, my questions is this, is it in anyway ‘bad practice’ to send smaller SWIFT amounts to my foreign account rather than say $50 in one go.

If I sent $50, I would lose exactly half of it in fees but I’ve noticed if I send $10 then no fees are applied.

I just want some clarity so that I don’t end up doing small transfers that cause issue in the future.

Thank you!


#2

IMHO it depends on your bank’s policy, not on revolut.