How to send money with Revolut?

Sending money with Revolut is an efficient and convenient way to transfer funds to friends, family, or businesses, both domestically and internationally. Whether you’re paying for a dinner with friends, splitting a bill, or sending money to a loved one in another country, Revolut makes the process quick and easy. In this article, we will discuss how to send money with Revolut, step-by-step.

To send money with Revolut, follow these simple steps:

1. Open the Revolut app on your smartphone.
2. Tap on the “Payments” tab at the bottom of the screen.
3. Select “Bank Transfer” or “Send Money.”
4. Choose the currency you want to send.
5. Enter the recipient’s details, such as their name, mobile number, email address, or Revolut username.
6. Enter the amount you wish to send.
7. Review the transfer details and confirm the transaction.
8. If necessary, add a message for the recipient.
9. Finally, authorize the payment using your Revolut PIN, fingerprint, or Face ID.

Once you complete these steps, the recipient will receive the money instantly if they have a Revolut account. If they don’t have a Revolut account, they will receive an invitation to create one to claim the funds.

FAQs:

1. Is it safe to send money with Revolut?

Yes, Revolut uses advanced security measures to protect your transactions, such as encryption and multi-factor authentication.

2. Can I send money internationally with Revolut?

Yes, you can send money to over 35 countries with Revolut, and the recipient will receive the funds instantly in their local currency.

3. Are there any fees for sending money with Revolut?

Revolut offers fee-free transfers for standard users, but premium and metal account holders may have different fee structures.

4. Can I schedule recurring payments with Revolut?

Yes, you can set up recurring payments for bills or regular expenses with Revolut’s “Payments” feature.

5. What is the maximum amount I can send with Revolut?

The maximum amount you can send with Revolut depends on your account type and verification level. Standard users have lower limits than premium or metal account holders.

6. How long does it take for the recipient to receive the money?

If the recipient has a Revolut account, they will receive the money instantly. For non-Revolut users, it may take a few hours or days depending on their bank’s processing times.

7. Can I send money from my Revolut account to another bank account?

Yes, you can send money from your Revolut account to any bank account, both domestically and internationally.

8. Can I cancel a money transfer with Revolut?

Once you confirm a money transfer with Revolut, it is usually processed instantly, and you cannot cancel it. However, you can contact Revolut’s support team for assistance.

9. What happens if I send money to the wrong recipient?

If you send money to the wrong recipient with Revolut, you should immediately contact Revolut’s support team for assistance in resolving the issue.

10. Can I track the status of my money transfer with Revolut?

Yes, you can check the status of your money transfer in the “Payments” tab on the Revolut app to see if it has been processed or is pending.

11. Can I send money with Revolut using a credit card?

Revolut allows you to send money using a credit card, but keep in mind that credit card transactions may incur additional fees.

12. Are there any limits on the number of money transfers I can make with Revolut?

Revolut does not have a limit on the number of money transfers you can make, but there may be restrictions on the amount you can send based on your account type and verification level.

In conclusion, sending money with Revolut is a fast, secure, and cost-effective way to transfer funds to anyone, anywhere in the world. By following the simple steps outlined above, you can easily send money to friends, family, or businesses with just a few taps on your smartphone. With Revolut’s user-friendly interface and competitive exchange rates, it’s no wonder why millions of people trust Revolut for their money transfer needs.

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