Sorry for opening a post but I had no idea where to write it.
I live in Germany and due to that my main account is an Euro Account. I have also opened a a GBP Revolut account.
I have lived for more than 10 years so I still have my “high street GBP bank account”.
I have tried to move money from my GBP revolut account to my GBP account and Revolut charges a fee.
Is this not a GBP to GBP transaction which should not result in into any fee? However, when I try the transaction, Revolut is charging a small (very small ) fee.
Since you’re a resident in Germany, Revolut charges fees for transfers that aren’t considered „local“ based on their definition. You should find this explained with examples in the fees section of the T&Cs for your specific country and plan.
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.