I’m currently working and living in Switzerland.
For months, I have been using this app to transfer money from CHF to EUR.
Because it’s a SWIFT transfer, my Swiss bank takes 6CHF, regardless the amount. And that’s all.
Right now, for no reason, no communication, and no changes, my bank still takes 6CHF … But Revolut (or the Lloyd, as they say) took 25CHF on top of this 6CHF, meaning that it cost 31CHF for each transfer from a Swiss bank to Revolut. That’s a proper scam.
Before, it was for free. No fees.
Then 25CHF. What’s next ?! 100CHF per transfer? 200?
I asked the question; here the answer :
“I am not able to answer this question, Maxime. I am really sorry. As banks are not always transparent about their fees, unfortunately, we cannot provide a conclusive amount that you could be charged.”
So, next transfer … surprise ?!