I live in Romania but I am working remotely for a company from Spain which pays me in EUR. Since RO is not using EUR as currency yet, I was thinking I can receive my salary in the Revolut EUR account and then I can use the app to exchange EUR to RON (local currency) and transfer to the RON attached bank account (ING Bank).
I have a few questions maybe you can help me out please.
If i exchange EUR to RON in Revolut and then transfer the money to my RON bank account at ING , what taxes apply and how much time it takes to transfer usually?
Wouldn’t be better to just use the Revolut physical card(which i already have) with EUR currency to pay for stuff in RO?
I do not own a EUR account at my local bank. Only USD.
How can I raise the limits for transfers(incoming and outgoing) to the maximum allowed value? Being a salary account I need to make sure that I do not reach the limit to soon and then wait a couple of days until it is lifted.