@Elipv If you do this, you will still use the SWIFT network when sending out your AUD to TransferWise, so there will be fees. (Revolut doesn’t have local AUD, so no other choice than using SWIFT)
I would also suggest TransferWise in general, they’re a good alternative to , especially for those cases where you need a local USD/AUD account.
The fees are quite low, and you will save a lot compared to a regular bank/using the SWIFT network.
Their debit card program was in closed beta until a week-ago or so, anyone should be able to get one now (beware: it’s a very bright color )
Suggested steps for you:
- Send money in EUR or GBP from Revolut to TransferWise
- Convert into AUD in TransferWise
- Use TransferWise’s local AUD account to pay rent etc.
Please note that will “land” in Australia soon, maybe in the next 6 months or so, providing local AUD to everyone Keep an eye out