Revolut money transfer (2025): Fees, limits, and is it safe in Australia

Looking for a fast, safe way to send money abroad? Aussies have a number of provider choices when it comes to international money transfers, and one of those is Revolut.

Revolut can be a convenient way to send money abroad, but the costs, limits, and safety measures can vary depending on how you use the service. In this guide, we’ll break down Revolut’s money transfer fees, limits, and processes, and see how it stacks up against alternatives like Wise.

What is Revolut?

Revolut is a fintech company that offers a variety of international money services, including the Revolut account, international money transfers, investments, and loans.⁸ They expanded into Australia in 2019, and currently service over 60 million personal customers and 500,000 businesses.

Is Revolut safe for money transfers?

Revolut is generally considered a safe option for money transfers. Within Australia, their activities are authorised by the Australian Securities & Investments Commission, meaning they have to meet all relevant regulations.⁸

Can I make an international transfer with Revolut?

With Revolut you can send and receive international transfers in supported currencies.

How to send money overseas with Revolut

At the moment, Revolut allows Australian customers to send money to a bank account or another Revolut user. Over 160 countries are supported with more than 70 available currencies.¹

To send money to a bank account, you need to follow these steps:

1. Create or login to your Revolut account
2. Select ‘Payments’
3. Tap the plus symbol in the top right corner
4. Choose 'Bank recipient', 'Send international', or search for a previous recipients
5. Follow the prompts to enter the transfer details then confirm it to send

To send money to another Revolut user, this is what you need to do:²

1. Create or login to your Revolut account
2. Select ‘Payments’
3. Search for a past recipient, or press ‘Revolut friend’ to search for a user by their Revtag, phone, email or by scanning their QR code
4. Choose ‘Send’
5. Select the currency and input the amount
6. Press ‘Send’ to confirm

How to receive money from abroad with Revolut

With a Revolut account you can receive funds in any of the currencies that are supported for holding.

To receive money from a bank transfer you need to give the sender the Revolut account details for the currency being sent.³

1. Open the Revolut app and go to the bottom menu.
2. Tap “Home”, then select “Accounts”.
3. Choose the currency account you wish to receive the funds in.
4. Below the account balance, tap “Details”.
5. You’ll then have the option to select “Local” or “SWIFT” account details.
6. Share the appropriate details, local if supported for that currency, or SWIFT for international transfers, with the sender

If you want to receive funds from another Revolut user, you can give them your Revtag, email, phone number or let them scan your QR code. Alternatively, you can request funds.²

1. Create or login to your Revolut account
2. Press ‘Payments’
3. Search for a past recipient, or press ‘Revolut friend’ to search for a user by their Revtag, phone, email or by scanning their QR code
4. Select ‘Request’
5. Choose the currency and input the amount
6. Press ‘Request’ to confirm

Revolut international transfer fees and limits

When sending money with Revolut there are some fees and limits to be aware of.

Revolut international transfer fees

Revolut international transfer fees are applied based on which subscription plan your account is on. Australian customers have a choice of four Revolut plans.⁴

• Standard - No monthly fees
• Plus - $5.99 per month
• Premium - $11.99 per month
• Metal - $28.99 per month

The two international transfer fees that may be applied are the fair use fee, and weekend exchange fee.

Weekend exchange fees

On weekends there’s an additional fee of 1% that applies to Standard and Plus account users for making a weekend exchange.⁵ Keep in mind this isn’t the Australian weekend, it’s between 5pm Friday and 6pm Sunday, Eastern Time, the timezone New York is in.

Revolut international transfer limits

Depending on the currencies involved in the transfer, there may be limits on the amount you can send.¹ If there is one, it will be displayed in the app before you send the funds.

Fair use

Each month there are fair use limits to how much currency can be converted.⁴

• Standard - $2000
• Plus - $6000
• Premium -$20,000
• Metal - Unlimited

When this is exceeded, people with a Standard, Plus or Premium account will be charged a 0.5% fee.⁵

Revolut exchange rate

Revolut doesn’t explain exactly how they calculate their exchange rate, stating that they set competitive variable rates based on data from multiple independent sources.⁶

This is different to Wise, which always uses the fair mid-market rate. That means no hidden mark up to worry about.

International transfer comparison - Revolut vs Wise

Let’s take a look at an example transfer between Wise and Revolut, examining how the fees and amounts received would differ when $1000 AUD is sent to EUR and USD from the account.

When comparing these two options and their fees, there is also the subscription fees to consider. Wise accounts have no monthly subscription fees, whereas only the Revolut Standard plan, which has the lowest fair usage limit, is free. Revolut Plus, Premium and Metal all have monthly fees to consider when calculating the best value choice for you.

Is Revolut good for international money transfers?

Revolut can be a good option for international money transfers, especially if you’re able to identify which plan best suits the frequency and value of your money transfers. However, the combination of fair usage limits, potential weekend surcharges, and monthly subscription costs can make it harder to work out the true value compared to other providers.

If you’re looking for a straightforward option that always uses the mid-market exchange rate and has transparent fees, Wise is a great alternative.

Send money with Wise and save with low fees and the mid-market exchange rate

Wise is an easy way to save up to 3x when sending money overseas. You can make extra secure transfers to 140+ countries, which are easy to set up with no physical paperwork and completed usually in seconds.

With low, transparent pricing and the mid-market exchange rate for all your currency conversions for your foreign transfers, you'll usually get the best value for your money. Wise lets you see exactly what you're paying for a transfer, and what the recipient will get, with no hidden fees.

For managing foreign currencies even easier, create a free Wise account, and you'll be able to manage and convert your money in AUD and 40+ other currencies. Plus, you'll get local account details in 8+ currencies, making it easy to receive money from abroad whenever you need. You'll be able to track your transfers all in one place.

When it comes to international transfers, Wise makes things easier and cheaper.

📤 Send money with Wise