What is the maximum transfer limit?


#1

What is the maximum possible transfer limit with verification? I am planning to buy an apartment and need a EUR denominated account to transfer my funds through for purchase. If the limit is too low then I need to look for other banking options.


#2

Hi FlyingFlipFlop,

Did you ever manage to find out the answer to your question?
I’m in a similar situation, have spoken quite extensively to the team on the support chat, but didn’t really come to any conclusions…

Please, let me know if you have any further insights.


#3

Should be theoretically unlimited (This is in terms of bank transfers, and not debit card spending.).

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Debit card spending has a hard cap, in addition to the top-up verification limit. This is imposed by Wirecard, Revolut’s debit card issuer. Details here: https://www.revolut.com/cardholder-terms).

Bank transfers (‘Payments’/‘transfer’ option in the app.) will be limited by your top-up verification limit. If you are planning on such a large purchase, you will have to undergo additional KYC/AML checks (e.g. Providing source of funds.).

Please see the attached post below. Click/tap the rightwards-facing triangle to expand content.


Best confirm with @AndreasK for this, however.


Help/Advice General Discussion
#4

less than 42,000 chf unfortunately.