Why is the Rate & Conversions different to rate I get for Bank Transfer?

[jamjam]

It’s a payment/transfer to my own bank account in Canada (I said payment cos that’s what it is labelled as in the app).

Revolut seems happy enough to make a transfer out to a CAD bank account I set up without me exchanging it first, but the rate seems different than if I did the exchange first and charges an extra FX fee (and this was essentially my badly worded question, why is it different ) From a different thread:

Transfer to bank account in Brunei

Hi there. To transfer any of our supported 26 currencies to your bank account, tap the “Payments” button on the main navigation screen in the app. Select ‘To bank account’ and tap ‘Add a new beneficiary’. Add your bank details, then you can simply enter the amount, currency and hit send. Transfers to a UK bank account take a few hours if you have activated your personal GBP account. If not, your transfer should take 1-2 working days. International transfers take up to 5 working days.

So it seems by not doing the Exchange myself there’s there’s some weirdness going on… Thanks for your help, this was my problem and lack of understanding that I need to do the Exchange myself first.

So, I’ll do the Exchange first and add the currency to a CAD wallet (during weekday)…

thanks