Yes, I think that for a transfer to be free(for the recipient) it needs to be within SEPA and EUR. It says here that:
"With SWIFT transfers there are a few things to bear in mind:
When your money is in transit, it may be processed by an intermediary bank. They may also deduct a handling fee. Depending on which fee option (SHA, BEN, OUR, REM) you choose while doing a SWIFT transfer to Revolut, intermediary, originating bank and beneficiary bank (namely Lloyds) can apply a handling fee for that transfer."
Even though in the UBS ebanking they say an international CHF payment (NON SEPA) will be charged with CHF 5.- I was able to transfer CHF 100 to my Revolut account and got CHF 100.- there.
Iāll check back at the end of the month to see if they do charge me then.
I have just phoned with my bank, they said that you can only withdraw CHF and not EUR with your Revolut card because itās a ācredit cardā even if the ATM has EUR inside . Does anyone of you have a Maestro card from Revolut? If yes, have you already tested the ability to withdraw EUR in Switzerland with a Maestro?
@gabriel1231 Just tried to withdraw EUR with my Revolut Maestro at a CS, UBS, ZKB and Cler ATM (all of them are loaded with Euros). None of them gave me the option to choose EUR, even if it would be possible to withdraw EUR with my swiss Maestro.
So probably the answer is NO!
Thank you for your information
I still dont know who is responsible for this **it
I called my bank, VISECA, FINMA, SIX Payment, Revolut and TW , they were not able to say who is blocking this featureā¦
Anybody else having trouble topping up Revolut using a Transferwise debit card? It keeps saying that the transaction was refused due to an address mismatch, but the two addresses are exactly the same!
Update: it turns out that the TW debit card was registered to the delivery address, and not to the address that TW usesā¦
Did anybody try to top-up in Euro from a Euro account in Switzerland (like Postfinance in ā¬). Does any fee apply? (should be a SEPA transfer right?)
What is the IBAN and the BIC Iāll have to use? Thanks.
Hi! So I just got my TW card and added it to the Revolut account in order to be able to top up with it the CHF that I transfered previously to my TW Borderless Account. Now, I see in Revolut that the TW card is in GBP, and when trying to top up CHF I get a message saying that in order to not to get fee I should top up using GBPā¦So if I have 20chf in my TW account, what should I do to get them in my Revolut account as 20CHF?
i have done close to 50 revolut topups from my CS account and never had any problem. i just do a plain simple SEPA transfer but then select CHF under āpayable inā. I send CHF and receive in CHF the full amount without any fees. money normally arrives the same day when transfer is done before 6am.
on CS side there is supposed to be a CHF 5.- fee per transfer but i was never charged. i called them and they told me that this fee is included when you have a bonviva package.
so i personally have absolutely no issues and donāt need any of the transferwise or other hacks anymore (though i used to do them in the past when i didnāt know that CS is free)