Questions tagged [revolut]

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3 votes
1 answer

Why does the interbank currency exchange rate differ from the Reuters, New Change and XE exchange rate?

I'm looking at converting some USD into EUR. I am comparing Revolut's currency exchange rate with Wise' currency exchange rate. As of now: Revolut: 1 USD = 0.9216 EUR (screenshot). Revolut states ...
Franck Dernoncourt's user avatar
-2 votes
1 answer

Why does it take up to 20 working days to refund an account after a failed SWIFT transfer?

I attempted a SWIFT transfer from Revolut UAB to Charles Schwab (USA). It failed due to incorrect recipient information. Revolut UAB mentions it takes up to 20 working days for the Revolut UAB to be ...
Franck Dernoncourt's user avatar
-6 votes
2 answers

Why would a recipient bank reject an incoming international transfer?

I tried to make a SWIFT international money transfer from my Revolut bank account based in Europe to my US brokerage account, and my US brokerage account (Charles Schwab) rejected the transfer, ...
Franck Dernoncourt's user avatar
8 votes
4 answers

How can a bank make it possible for their customers to get their salary up to two days in advance?

I read on U.S. customers will be able to get their salary up to two days in advance via direct deposit at no cost. How can a bank make it ...
Franck Dernoncourt's user avatar
1 vote
2 answers

Revolut account and taxation

I have one account from Revolut and one account from my Country (EU). Some friends will send me some money in revolut for a job. At the end of the year, I have to report this money for taxation or ...
pioupiou's user avatar
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