How To Transfer Money From Revolut To Bank Account (Complete Guide)

How To Transfer Money From Revolut To My Bank Account (Complete Guide)

Welcome to Financekmoney.Com! In this article, we will explore the process of How To Transfer Money From Revolut To Bank Account in Ireland. Whether you’re new to Revolut or a seasoned user, understanding how to seamlessly transfer funds to your bank account is essential. Let’s dive into the details of how to transfer money from Revolut to bank account in Ireland.


How to Transfer Money from Revolut to Bank Account Ireland

Transferring money from your Revolut account to a bank account in Ireland is a straightforward process. Follow the steps below:

Steps How To Transfer Money From Revolut To Bank Account
1 Open the Revolut app on your mobile device.
2 Navigate to the ‘Payments’ section.
3 Select ‘Bank Transfer’ as the payment method.
4 Enter the recipient’s bank account details, including the IBAN and BIC.
5 Input the amount you wish to transfer.
6 Review the transaction details and confirm the transfer.
7 The money will be transferred to the recipient’s bank account.

Step 1: Open the Revolut app

Ensure that you have the latest version of the Revolut app installed on your mobile device. Open the app to begin the transfer process.

Step 2: Navigate to the ‘Payments’ section

Once you’re logged in to your Revolut account, navigate to the ‘Payments’ section of the app. This is where you can initiate various payment transactions.

Step 3: Select ‘Bank Transfer’

Within the ‘Payments’ section, select ‘Bank Transfer’ as the payment method. This option allows you to transfer funds directly to a bank account.

Step 4: Enter recipient’s bank account details

Enter the recipient’s bank account details, including the International Bank Account Number (IBAN) and Bank Identifier Code (BIC). Double-check the information to ensure accuracy.

Step 5: Input the transfer amount

Specify the amount you wish to transfer from your Revolut account to the recipient’s bank account. You can enter the amount in the local currency or choose from other supported currencies.

Step 6: Review and confirm the transfer

Review the transaction details, including the recipient’s bank account information and the transfer amount. Once you’re satisfied with the details, confirm the transfer to initiate the transaction.

Step 7: Transfer completion

Upon confirmation, the money will be transferred from your Revolut account to the recipient’s bank account. You will receive a notification confirming the successful transfer.


Is it Free to Transfer Money from Revolut to Bank Account?

Transferring money from your Revolut account to a bank account in Ireland is typically free. Revolut does not charge any fees for standard bank transfers within the European Economic Area (EEA).

However, there may be exceptions for certain currencies or transaction types. It’s always best to check the latest fee schedule on the Revolut app or website for any updates regarding transfer fees. How To Transfer Money From Revolut To Bank 


How Much Does Revolut Charge to Send Money to a Bank Account?

Revolut does not charge fees for standard bank transfers within the EEA. However, if you’re making an international transfer or converting currencies, there may be fees associated with the transaction.

The exact fees depend on various factors, including the currency pair, transfer amount, and selected delivery speed. It’s important to review the fee schedule on the Revolut app or website before initiating any transactions to understand the applicable charges.

How Long Does it Take to Transfer Money from Revolut to Bank Account?

The time it takes to transfer money from your Revolut account to a bank account in Ireland can vary depending on several factors, including the receiving bank’s processing time and the chosen delivery speed.

In most cases, standard bank transfers within the EEA are processed within 1-3 business days. However, faster options such as instant transfers or same-day transfers may be available for an additional fee. It’s advisable to check the estimated delivery time and any associated fees before confirming the transfer.


How Do I Send Money from Revolut to My AIB Account?

To send money from your Revolut account to your Allied Irish Banks (AIB) account, follow these steps:

  1. Open the Revolut app on your mobile device.
  2. Navigate to the ‘Payments’ section.
  3. Select ‘Bank Transfer’ as the payment method.
  4. Enter your AIB account details, including the IBAN and BIC.
  5. Input the amount you wish to transfer.
  6. Review the transaction details and confirm the transfer.

The money will be transferred from your Revolut account to your AIB account based on the provided details.


How Do I Withdraw from Revolut?

Withdrawing funds from your Revolut account is simple. Follow these steps:

  1. Open the Revolut app on your mobile device.
  2. Go to the ‘Accounts’ tab.
  3. Select the currency you wish to withdraw.
  4. Tap on ‘Withdraw’ and enter the amount.
  5. Choose the withdrawal method (bank transfer, ATM withdrawal, or other options).
  6. Follow the on-screen instructions to complete the withdrawal.

How Much Can You Withdraw from Revolut Per Day?

The withdrawal limits for your Revolut account depend on your account type and verification status. Standard users typically have a daily ATM withdrawal limit of £200 (or equivalent in other currencies).

However, premium and metal account holders may have higher withdrawal limits. It’s important to check your account settings or contact Revolut support for specific information about your withdrawal limits.


What is the Maximum Amount I Can Receive in My Revolut Account?

Revolut does not impose a maximum limit on the amount you can receive in your account. However, there may be certain restrictions or verification requirements for large incoming transfers.

Additionally, individual banks or financial institutions may have their own limits on incoming transfers. It’s advisable to check with your bank or contact Revolut support for any questions regarding incoming transfer limits. How To Transfer Money From Revolut To Bank Account


Can I Withdraw More Than 200 from Revolut?

Revolut offers different account types with varying withdrawal limits. Standard users typically have a daily ATM withdrawal limit of £200 (or equivalent in other currencies). However, premium and metal account holders may have higher withdrawal limits. To check your specific withdrawal limit and account type, refer to your Revolut app or contact Revolut support for assistance.


How to Transfer Money from Revolut to Another Revolut Account

Transferring money between Revolut accounts is quick and easy. Follow these steps:

  1. Open the Revolut app on your mobile device.
  2. Go to the ‘Payments’ section.
  3. Select ‘Between Revolut accounts’ as the payment method.
  4. Choose the recipient from your contact list or enter their phone number.
  5. Input the amount you wish to transfer.
  6. Review the transaction details and confirm the transfer.

The money will be instantly transferred to the recipient’s Revolut account.


Can Someone Transfer Money to My Revolut Account from Another Bank?

Yes, someone can transfer money to your Revolut account from another bank using the provided account details (IBAN and BIC).

Simply share your Revolut account information with the sender, and they can initiate a bank transfer from their bank to your Revolut account. Once the transfer is complete, the funds will be available in your Revolut account. How To Transfer Money From Revolut To Bank Account


How to Transfer Money from Revolut to UK Bank Account

Transferring money from your Revolut account to a UK bank account is similar to the process outlined earlier. Follow the steps below:

  1. Open the Revolut app on your mobile device.
  2. Navigate to the ‘Payments’ section.
  3. Select ‘Bank Transfer’ as the payment method.
  4. Enter the recipient’s UK bank account details, including the account number and sort code.
  5. Input the amount you wish to transfer.
  6. Review the transaction details and confirm the transfer.

The money will be transferred from your Revolut account to the recipient’s UK bank account based on the provided details.


How to Send Money on Revolut with Phone Number

Sending money on Revolut using a phone number is a convenient option. Follow these steps:

  1. Open the Revolut app on your mobile device.
  2. Go to the ‘Payments’ section.
  3. Select ‘Phone contact’ as the payment method.
  4. Choose the recipient from your contact list or enter their phone number.
  5. Input the amount you wish to transfer.
  6. Review the transaction details and confirm the transfer.

The money will be instantly transferred to the recipient’s Revolut account associated with the provided phone number.


How to Transfer Money from Revolut to PayPal

To transfer money from your Revolut account to PayPal, you’ll need to link your Revolut card to your PayPal account. Follow these steps:

  1. Log in to your PayPal account.
  2. Go to ‘Wallet’ and click on ‘Link a card or bank.’
  3. Enter your Revolut card details.
  4. Confirm the card linkage by following the on-screen instructions.
  5. Once your Revolut card is linked to PayPal, you can transfer money from your Revolut account to PayPal as you would with any other card.

FAQs On How To Transfer Money From Revolut To Bank Account

Question Answer
1. How to transfer money from Revolut to bank account Ireland? Transferring money from your Revolut account to a bank account in Ireland is a straightforward process. Follow the steps outlined in the article to initiate the transfer.
2. Is it safe to put all your money in Revolut? Revolut is a licensed financial institution that adheres to strict security standards. However, it’s advisable to diversify your funds across multiple accounts for added security.
3. Why is Revolut not letting me send money? There could be various reasons why Revolut is not allowing you to send money, such as insufficient funds, transaction limits, or account verification issues. Contact Revolut support for assistance with troubleshooting the issue.
4. How to transfer money from Revolut to UK bank account? Transferring money from your Revolut account to a UK bank account follows a similar process as outlined in the article. Simply input the recipient’s UK bank account details and confirm the transfer.
5. Can you transfer money from Revolut to an Irish bank? Yes, you can transfer money from your Revolut account to an Irish bank account by following the steps provided in the article. Ensure that you have the recipient’s bank account details handy.
6. How do I avoid Revolut transaction fees? To avoid transaction fees on Revolut, consider using standard bank transfers within the EEA or utilizing Revolut’s premium or metal account options, which offer fee-free transactions for certain account types.

Conclusion

In conclusion, knowing How To Transfer Money From Revolut To Bank Account in Ireland is crucial for managing your finances effectively. Whether you’re sending money to pay bills, transferring funds to friends and family, or making international payments, Revolut provides a convenient platform for seamless transactions.

By following the steps outlined in this article, you can navigate the transfer process with ease and make the most of your Revolut account. How To Transfer Money From Revolut To Bank 

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