mhcn1
14 September 2018 13:12
1
Hi,
Complete newby to Revolut and I think my question can best be asked using an example:
Based in UK and have the Following Revolut Currency A/Cs in Credit:
Scenarios:
I withdraw cash or purchase in Euros:
Will Revolut make the deduction from my Euro Account or will it use my £ account and do a conversion?
I withdraw cash or purchase in :
As I dont have a account will Revolut use my £ or my Euro Account?
Thanks
Hey it works as followed:
*The local currency of the merchant/ATM e.g. if you are in Spain, it will deduct funds from your Euro balance.
If your balance is not enough:
*Your base currency - i.e. if you used a UK address to sign-up, your base currency will be GBP.
If you also haven’t enough then:
*Your largest balance.
Also take a look here : https://www.revolut.com/de/help/exploring-revolut/spending/how-will-my-currency-balances-be-deducted-for-spending?lang=en
2 Likes
Frank
14 September 2018 13:18
3
Take some time and head over to the FAQs. “Exploring Revolut” answers this and many more questions you even don’t know yet you will have.
2 Likes
TonyP
14 September 2018 13:42
4
Agree totally with Frank - you need to understnd how works.
The answer to your specific question is covered here.
2 Likes
Don’t chide OP too much. I spent some time in help and didn’t find the answer either. I’m grateful he asked it.
And I liked the answer a lot!
BHIM
1 October 2018 18:44
6
at the moment if you have a total in mixed balance and try to take it out it will fail if you do it in one transaction
if you try to take you £120 and you have balances of £100 and $100 it will fail as it does not mix balances on one single transactio
That is good to know - cheers!
The link seems to be broken and I cannot find this covered in the help when trying various searches.
Just spent ages trying to answer this same question. It is well hidden if if exists in the help section.