International Transfers are complicated.
Wise and Revolut even use the same 3rd party providers on some paths.
So the experiences is always a bit… specific to a certain transaction an may even be only a snapshot in time.
So providing more info’s about the source and destination (country, currency…) in that such cases could help others in the future!
In general all entities in the money transfer business aim to for cheaper and faster outcome than, say, a SWIFT transfer. That’s the whole point.
Bottom line: Your milage may vary! Always good to check your options depending on your needs though! This community can be helpful if more users share their (specific) experiences!
I am some to high jack thos thread but new here so not quite sure where to ask questions.
I live in Denmark and have just set a a revolut account, private not business, i want to transfer funds from my local bank in Denmark to my revolut account how long should the transfer take ? Is it instantly or does it take days ?
Revolut Ltd (No. 08804411) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562)..
Registered address: 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.
Insurance related-products are provided by Revolut Travel Ltd which is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: 780586) and by Revolut Ltd, an Appointed Representative of Revolut Travel Ltd in relation to insurance distribution activities. Revolut Ltd is an Appointed Representative of Lending Works Ltd for the activity of “operating an electronic system for lending”. Trading and investment services are provided by Revolut Trading Ltd (No. 832790). Revolut Trading Ltd is an appointed representative of Sapia Partners LLP (No 550103) which is authorised and regulated by the Financial Conduct Authority. Revolut Trading Ltd is a wholly owned subsidiary of Revolut Ltd.