relevant ads. Revolut is a multi-currency account that allows Standard (free) users to exchange, send and spend money in 24 currencies at the real exchange rate on amounts less than £5,000 per month, beyond which transactions are subject to a 0.5% charge.Revolut’s Premium and Metal account holders (subject to a monthly fee) have no monthly limit on currency exchange. We receive these rates from third parties, such as Morningstar. This is in addition to our existing currencies - the British Pound, Euro, US Dollar, Swiss Franc and Polish Zloty. Imagine! You can easily choose which currencies to exchange and you will see the amount you’ll receive before you finalise the exchange. With bank transfer | With card | With money from other Revolut users | With linked accounts | With direct deposit and Early Salary | With cash or cheque However, it will be more than you get in the U.K. Here’s a quick snapshot of what’s changing: New top-up, Update to Revolut 4.3 to top-up, exchange and send Polish Zloty and Swiss Franc! Hi there, I’m new to Revolut. The Bank Rate at this hour is 9.74. You can choose from providers that offer the best £ to ₺ rates cheapest delivery ✔ airport and branches for collection of your lira. Revolut users can now hold, exchange and send free instant money transfers in 11 new currencies! Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. Find all the answers to your questions about Revolut and get help from our support team. ... Revolut will help you avoid the unseen international charges. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees – subject to our fair usage terms on all currencies. You can also send money to contacts who aren’t on Revolut. You can top up your card in your home currency (eg. We are here to help you. Update your app to Revolut 4.5 via the Google Play and iOS store now to take advantage of our new currencies! These also allow us to see what pages and links you have visited so we can provide more Hi there, I have ordered the card for going to Turkey in October, i have a couple of questions I’m a bit confused about. Why send money with Revolut. The. Is it better in Sultanhmet? Did you know you can transfer 23 currencies globally with the real interbank exchange rate, straight from your Revolut App?. We’ve added a few small changes to our terms and conditions. Exchange rates are always real on Revolut, which means there’s no difference between the buy and the sell price. Revolut offers the mid-market, interbank exchange rate between currencies, which is the best exchange rate you can get. However, Revolut does charge an extra percentage-based fee when transferring money to an overseas bank account and for certain conversions. Revolut uses mid-market rates but states, If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup, with a small 0.5% fee for anything above £5,000 each month. Some currencies can currently only be loaded to your Revolut account by bank transfer. . You can easily exchange money in 28 currencies by clicking on the 'Exchange' button in the top-right corner of the Accounts tab. Select your currency, enter the amount and boom - the money hits their Revolut account instantly! I then exchanged £50 in to Turkish Lira as the exchange rate is so good. These will come into effect on the 23rd August 2017. If you’re travelling to a country that uses one of these currencies, you can exchange your funds at anytime and lock in a great exchange rate! As for markup fees, we have a fixed 0,4% markup on any exchange that you make above your plan's free allowance. Facebook and LinkedIn, for the same purpose. 08804411). Answer 1 of 6: What is the current rate in sultanhmet area to change GBP to Turkish Lira. Free, instant global money transfers. Get the best deal on pound to lira (₺) exchange rates when you compare providers offering the currency. Turkish lira exchange rates change daily. You can also top up your Revolut account by card in 9 currencies. Guys thought I would just share this as we tried our cards in both the akbank and Ziraat ATMs across from Migros and for charged commission and poor rate twice. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees - subject to our fair usage terms on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. Angel 9 April 2017 14:08 #6. Now, almost 700,000 Revolut users can hold and manage 16 currencies in the Revolut app, send free money transfers in 26 currencies, and spend fee-free in 120 currencies - always at the interbank exchange rate. All Revolut users can also send free, instant money transfers around the globe in 16 currencies - always at the real exchange rate. Yet, the exchange rate seems to be nice for tourists at the moment. In the UK I am currently getting offered 7.9. Answer 1 of 7: Hi just booked our first trip to Oludeniz at the end of September, do the bars and shops accept card payments ? Simply tap the pink button on the menu bar in the app, choose ‘Send money’ and find a contact that’s also ‘On Revolut’. We may share this information with other organisations, such as Google, What is the current rate in the Revolut app ? Constantine Courcoulas. It’s amazing to see how much our network has grown in just 2 years. (this means over the weekend THB, RUB, UAH, and TRY have a 2% markup.). In October 2018, multi-currency card Revolut launched in Singapore, allowing users to spend in over 150 foreign currencies at the interbank exchange rate, and enabling them to exchange and store 28 currencies in their wallet.. Answer 1 of 7: Hi, not planning on visiting Turkey this year as things keep changing weekly, if not daily, in relation to Covid19. You can now hold, exchange and send or receive instant transfers in: Australian Dollar, Danish Krone, Romanian Leu, Swedish Krona, Hong Kong Dollar, Israeli New Sheqel, Norwegian Krone, New Zealand Dollar, Singapore Dollar, Turkish Lira and South African Rand. Remember you can only change money in Turkey in a Bank, an Official Exchange Office and the P.O. where necessary. Turkey: In Turkey, one lira is worth €0.15 at the time of writing (source: Google). Revolut applies a 0.5% fee on currency exchanges for Revolut Standard account holders on major currencies. This is true both when doing an international transfer and when you use an ATM to withdraw money. Head to the ‘Top Up’ tab, select ‘By transfer’ and select a currency to find the account details you will need to make a transfer too. Answer 1 of 8: What is the latest uk pound to lira exchange rate from the post offices, I understand their genrally the best places to change money? Sorry Julen!, I wrote euros instead of pound sterling. Hi, I am looking to take advantage of good exchange rates on Turkish Lira at the moment and purchase to use at a later date. Buy Turkish lira in the United Kingdom at the best exchange rate Do you want to arrive at your destination with Turkish lira already in your pocket? I travel to Thailand many times per year and thought Revolut card would make life easier. You can now exchange 16 currencies in the Revolut app at the real interbank exchange rate. Exchange rate history. It’s easier than Greece, where I have to scramble around for Alpha Bank or NBG (and when you land somewhere like Rhodes airport you’re stuffed because every ATM dings you with charges for declining DCC). number of visitors to our website, and see how visitors browse our website, so we can improve it . I plan on topping up the card every month till I go on holiday, what happens one day its a good rate and I exchange to Lira? Oh, one last thing - did you know can also request money from your contacts too? Or, they can join Revolut and the money will be in their account instantly. Revolut Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900562. The best deal is highest exchange rate which will give you the most lira for your pounds. Revolut is a great option for travelling to multiple countries. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees - subject to our fair usage terms on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. If you believe this trend is set to continue, you can take advantage of weakening lira by using your card to take advantage of the card scheme exchange rate, which is close to the market rate. Banks and other providers usually add a markup to the interbank exchange rate, meaning you could be charged huge amounts in hidden fees to send money abroad. Introducing eleven new currencies to the Revolut app! Revolut Standard account holders are charged at least a 1% markup for currencies such as the Thai baht, Russian rouble, Ukrainian hryvnia and the Turkish lira. The Pound Sterling has strengthened against the Turkish lira in recent years. So now I have a British and Turkish … Join 10M+ already using Revolut. Exchanging currencies with Revolut is free up to €6,000/£5,000 per month on weekdays, but it costs 0.5% above this amount. I have 0.8491GBP. We’re building the future of money beyond banking. It is not possible to get the Bank Rate in an Exchange Office, you will get less. We need to use these cookies to make our USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN, and CZK); and +1% to all other currencies including THB, RUB, UAH and TRY. Our end-goal is for anyone, in any country, to be able to open a Revolut account in 60 seconds and instantly hold and exchange their funds in any currency; send free money transfers to anyone around the globe in seconds; and spend anywhere in the world without any fees. Ask an expert: 'I have also heard sterling is a better currency on the streets than Turkish Lira' Jump to navigation ... but charges a 1pc foreign-exchange rate transaction fee. Revolut exchange rates. julien 9 April 2017 14:33 #7. Since the interbank exchange rate is constantly fluctuating, the rate that we lock in for the weekend may not be the same as the rate that is available when the markets open on Monday morning. Fees for fast transfers. These currencies are the British Pound, Euro, US Dollar, Polish Zloty, Swiss Franc and all of the Scandinavian Kroner. On the weekend (Sat-Sun UTC) we fix the rate we provide to protect ourselves against fluctuations, this means we apply markups of: +0.5% to all major currencies (ie. Revolut: A Summary. We use   cookies to personalise your experience on Revolut. This article contains affiliate links. Revolut is fine in Turkey. All Revolut users can also send free, instant money transfers around the globe in 16 currencies - always at the real exchange rate. These are Australian Dollar, Hong Kong Dollar, Israeli New Sheqel, New Zealand Dollars, South African Rand and the Turkish Lira. DollarsAndSense may receive a share of revenue from your sign-ups. I then found this… " If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup". Bargain! This jumps up to a 1% fee over the weekends when markets are closed. 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