So you need to compare for each currency pair. Currency markets operate on a 24/5 basis, meaning they’re closed at the weekend. Both TransferWise and Revolut offer accounts for businesses. Check service status Get updates on issues & maintenance. Revolut has always been faster than my bank account.You can use TransferWise from a website and a mobile application. And transactions during the weekend have become expensive.If you are in Switzerland: a great alternative is to In both cases, I would advise being careful before depositing too much money in any of these two services. I would not worry too much about that.Also, I have heard about many people having issues with their accounts and losing some money, even in Switzerland. If you are planning to convert a large amount of money, this could be worth it.For instance, if you send Mexican Pesos from the U.K., you will know exactly how much they will receive. TransferWise and Revolut offer services that are quite similar. But, I am mostly using my Revolut card. How do I check the exchange rate? Once again, this is an excellent score. Their services are available in Europe and the United States.The original focus of Revolut was for people traveling abroad. And they have many budgeting capabilities in the mobile application. I do not know the truth behind these allegations. Enter a ‘Transaction Amount’ (write ‘1’ if you just want to find out the rate) So, we pass the Mastercard exchange rate directly onto you. By browsing this website and not blocking cookies in your browser you agree to this. They can withdraw 1000 USD per day and 4000 USD per month. I believe you should primarily use them for currency exchanges.What about you? Moreover, Revolut has a banking license. For small amounts of money, Revolut is better than TransferWise. Just a minor point, as a Revolut user requiring mostly to exchange my GBP into EUR when i travel around Europe, what I do is exchanging GBP into EUR on a weekday when I ‘think’ that the exchange is best, and then I avoid the 0.5% markup over the weekend (whether using the card in a POS or ATM), as it withdraws from my Euros (i.e. Therefore i don’t really agree on your point about revolut being better for people who “don’t have access to credit or are bad at investing”.Ultimately, with revolut it’s a bit of a gamble as to what the currency will do (this post illustrates this point very well Thanks again for your post and the 14-day analysis!Thank you! It is already profitable. In the beginning, Revolut was only available in Europe. Trustpilot is generally the place that has the most high-quality reviews for such services.TransferWise gets a score of 4.6 out of 5 on Trustpilot. He decided to cut on his expenses and increase his income. I dont think there’s any current account paying such a high interest at the moment, and my investments are less liquid, ie stocks and shares, which would incur a commission everytime i sell; additionally I invest for the mid-long term, not every month depending on my expenses. It is generally only based on the fact that the founder is Russian. Obviously, you can avoid this by taking out cash or making more significant purchases during the week. In contrary, 2% says it is average, 1% says it is poor while 6% say it is bad.Looking at the negative reviews for Revolut, we can also see some recurring themes:Given that they have the same score, Revolut and TransferWise have the same good ratings by users! The prices are different if you send money from the app or using the card. Your money will go from one TW account to another first. They are already available in Australia.


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