Depending on your plan, the amount you're exchanging, and the day of the week, you may pay a currency exchange fee. If you're sending GBP to MYR accounts, you may also pay a small transfer fee. You'll always see the total cost in-app before you convert, along with the Revolut exchange rate.
Currency exchange feesIf the amount you're exchanging is within your plan’s fair usage limit, you won't pay any additional currency exchange fees on weekdays. You'll pay a 1% fee on all currency exchanges during the weekend, no matter what plan you have. We charge weekend fees because currency exchange markets are closed during that time, and this fee helps us cover any changes in the exchange rate.
If you're over your monthly exchange allowance, you'll pay an additional fair usage fee, depending on your plan (1% for the Standard plan and 0.5% for the Plus plan). There are no fair usage fees with our Premium, Metal, and Ultra plans. These limits are set on a rolling monthly basis. You can check your fair usage limit and the date it will reset under Your plan in your profile.
Money transfer feesWhen you send GBP to a MYR account, you may pay a small transfer fee. This is the amount we charge to process your transfer. The total cost depends on the transfer method you choose, the destination country, and the amount you're sending, but don't worry — you'll see all costs live in-app before you send. You'll get discounts on these fees with our Premium, Metal, and Ultra plans. Heads up — external banks may charge non-Revolut transfer fees that we can't foresee.
If you're looking for fee-free money transfers, try a Revolut-to-Revolut transfer. You can send money to other Revolut friends in any of the 36 supported currencies you hold without having to convert.
For more information on your plan's fees, check out our terms and policies. Fees are subject to change, but you'll always see them in-app before you convert.