Following threads like Why is THB - Thai baht exchange worse than a week ago
I confirm THB rate is unacceptable.
When EUR/THB is 37.00
My traditionnal bank makes me pay 37.10 so they make 0.10 margin, then it’s about 0.3% (I believe it’s Mastercard’s margin). And yes they add 2% that Revolut hasn’t.
Revolut banks makes me pay 37.70 which is 0.60 more, then it’s 1.5%… When they are supposed to take NOTHING.
This is very unfair there is NO WAY they don’t take margin, they take 1.5 % !!! THB is not that illiquid, check https://investing.com/currencies/eur-thb , you have bid/ask rates, spread is not so huge, …
Not to mention ATM withdrawals… as in Thailand you have about 6 euros fixed fees whatever the withdrawal, the 200eur “only” allowed withdrawal by Revolut make it very expensive. Add this to their BIG margin on THB…
Revolut you should charge like Mastercard, live FX rate + 0.30%.