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Be careful with Revolut

Posted: Wed Sep 28, 2022 2:42pm
32 replies1456 views8 members subscribed
Deishu

Posts: 62

23 helpful points

Location: Mojacar

Joined: 22 May 2019

I normally use Wise to transfer euros into my Sabadell account in Spain without transfer charges. I had a only €17 euros in a Revolut account that I no longer use so I thought I would transfer it into Sabadell. To my horror Sabadell charged me €18 for commission charges. I won't be using Revolut again any time soon!!

Alicia 11

Posted: Wed Sep 28, 2022 2:52pm

Alicia 11

Super helpful member

Posts: 2098

1775 helpful points

Location: Mojacar

Joined: 30 Sep 2019

Posted: Wed Sep 28, 2022 2:52pm

take it you won't be using Sabadell as they charged you not Revolut most banks charge for all small transactions now including depositing cash into your own account.

LosPardoslady

Posted: Wed Sep 28, 2022 3:36pm

LosPardoslady

Helpful member

Posts: 602

422 helpful points

Location: Vera

Joined: 22 Jun 2019

Posted: Wed Sep 28, 2022 3:36pm

The problem is Sabadell not Revolut☹️

Deishu

Posted: Wed Sep 28, 2022 4:34pm

Deishu

Original Poster

Posts: 62

23 helpful points

Location: Mojacar

Joined: 22 May 2019

Posted: Wed Sep 28, 2022 4:34pm

Alicia 11 wrote on Wed Sep 28, 2022 2:52pm:

take it you won't be using Sabadell as they charged you not Revolut most banks charge for all small transactions now including depositing cash into your own account.

Sabadell don't charge when I use Wise.

Deishu

Posted: Wed Sep 28, 2022 4:48pm

Deishu

Original Poster

Posts: 62

23 helpful points

Location: Mojacar

Joined: 22 May 2019

Posted: Wed Sep 28, 2022 4:48pm

LosPardoslady wrote on Wed Sep 28, 2022 3:36pm:

The problem is Sabadell not Revolut☹️

Sabadell doesn't charge when using Wise.

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DarioMartin

Posted: Wed Sep 28, 2022 8:46pm

DarioMartin

Legendary helpful member

Posts: 5342

6309 helpful points

Location: Vera

Joined: 16 Aug 2017

Posted: Wed Sep 28, 2022 8:46pm

Alicia 11 wrote on Wed Sep 28, 2022 2:52pm:

take it you won't be using Sabadell as they charged you not Revolut most banks charge for all small transactions now including depositing cash into your own account.

I agree with Deishu - I’ve been transferring money into Sabadell using Wise for a while, most recently today, and haven’t had one centimo in charges from them.  The only charge I pay is a 0,28c transfer charge with Wise.  I can live with that.

Lindseyjv4

Posted: Fri Sep 30, 2022 12:25pm

Posts: 45

18 helpful points

Location: Vera Playa

Joined: 13 Jun 2018

Posted: Fri Sep 30, 2022 12:25pm

I've transferred from revolut into banco sabadell numerous times but never been charged

KatySJ

Posted: Fri Sep 30, 2022 4:41pm

Posts: 57

48 helpful points

Location: Mojacar

Joined: 8 Mar 2017

Posted: Fri Sep 30, 2022 4:41pm

Deishu wrote on Wed Sep 28, 2022 2:42pm:

I normally use Wise to transfer euros into my Sabadell account in Spain without transfer charges. I had a only €17 euros in a Revolut account that I no longer use so I thought I would transfer it into Sabadell. To my horror Sabadell charged me €18 for commission charges. I won't be using Revo...

...lut again any time soon!!

I have been really pleased with Currency Fair for transferring money to Cajamar. They have given a good rate, only a small charge (£3) and no charge by the receiving bank.

Plus at the moment if you introduce a friend you both get £60!

Good luck!

DarioMartin

Posted: Fri Sep 30, 2022 5:30pm

DarioMartin

Legendary helpful member

Posts: 5342

6309 helpful points

Location: Vera

Joined: 16 Aug 2017

Posted: Fri Sep 30, 2022 5:30pm

KatySJ wrote on Fri Sep 30, 2022 4:41pm:

I have been really pleased with Currency Fair for transferring money to Cajamar. They have given a good rate, only a small charge (£3) and no charge by the receiving bank.

Plus at the moment if you introduce a friend you both get £60!

Good luck!

Wise charges 0,28c per transfer and no charges at receiving bank … think I’ll stick with them 😁

Deishu

Posted: Fri Sep 30, 2022 9:14pm

Deishu

Original Poster

Posts: 62

23 helpful points

Location: Mojacar

Joined: 22 May 2019

Posted: Fri Sep 30, 2022 9:14pm

Lindseyjv4 wrote on Fri Sep 30, 2022 12:25pm:

I've transferred from revolut into banco sabadell numerous times but never been charged

Maybe it depends on the branch. Mine is in Mojacar and I used Revolut about 2 years ago then last week and on both occasions they charged me. Also, they only open on Mondays so I'm serious considering a move to another bank.

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