In October 2018, multi-currency card Revolut launched in Singapore, allowing users to spend in over 150 foreign currencies at the interbank exchange rate, and enabling them to exchange and store 28 currencies in their wallet.. Revolut users can now hold, exchange and send free instant money transfers in 11 new currencies! If you’re travelling to a country that uses one of these currencies, you can exchange your funds at anytime and lock in a great exchange rate! relevant ads. Introducing eleven new currencies to the Revolut app! Banks and other providers usually add a markup to the interbank exchange rate, meaning you could be charged huge amounts in hidden fees to send money abroad. Hi there, I’m new to Revolut. This is in addition to our existing currencies - the British Pound, Euro, US Dollar, Swiss Franc and Polish Zloty. These are Australian Dollar, Hong Kong Dollar, Israeli New Sheqel, New Zealand Dollars, South African Rand and the Turkish Lira. Get the best deal on pound to lira (₺) exchange rates when you compare providers offering the currency. Buy Turkish lira in the United Kingdom at the best exchange rate Do you want to arrive at your destination with Turkish lira already in your pocket? Bargain! Join 10M+ already using Revolut. Revolut applies a 0.5% fee on currency exchanges for Revolut Standard account holders on major currencies. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees – subject to our fair usage terms on all currencies. Bureaux de change are usually very expensive, so compare the exchange rates below to get a much better lira rate than what you'd get at the airport! Revolut Ltd is a company registered in England and Wales (No. You can now exchange 16 currencies in the Revolut app at the real interbank exchange rate. Yet, the exchange rate seems to be nice for tourists at the moment. Exchanging currencies with Revolut is free up to €6,000/£5,000 per month on weekdays, but it costs 0.5% above this amount. 0.85198 euros aren’t 0.8491euros ( this last figure is shown on revolut exchange rate). Here’s a quick snapshot of what’s changing: New top-up, Update to Revolut 4.3 to top-up, exchange and send Polish Zloty and Swiss Franc! I recently opened an account (British) and deposited £100. These will come into effect on the 23rd August 2017. Exchange rate history. Update your app to Revolut 4.5 via the Google Play and iOS store now to take advantage of our new currencies! Hi there, I have ordered the card for going to Turkey in October, i have a couple of questions I’m a bit confused about. Answer 1 of 6: What is the current rate in sultanhmet area to change GBP to Turkish Lira. Revolut: A Summary. You can now hold, exchange and send or receive instant transfers in: Australian Dollar, Danish Krone, Romanian Leu, Swedish Krona, Hong Kong Dollar, Israeli New Sheqel, Norwegian Krone, New Zealand Dollar, Singapore Dollar, Turkish Lira and South African Rand. You can easily exchange money in 28 currencies by clicking on the 'Exchange' button in the top-right corner of the Accounts tab. I never used it in Turkey but Revolut definitely gives the best exchange rate for all countries I travelled to. The Bank Rate at this hour is 9.74. You can also load all of our 16 wallet currencies by bank transfer. We may share this information with other organisations, such as Google, Find all the answers to your questions about Revolut and get help from our support team. Revolut is fine in Turkey. Obviously, you can avoid this by taking out cash or making more significant purchases during the week. There are a few exceptions: Thai Baht, Russian Rubles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. Our end-goal is for anyone, in any country, to be able to open a Revolut account in 60 seconds and instantly hold and exchange their funds in any currency; send free money transfers to anyone around the globe in seconds; and spend anywhere in the world without any fees. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees - subject to our fair usage terms on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. number of visitors to our website, and see how visitors browse our website, so we can improve it Answer 1 of 7: Hi just booked our first trip to Oludeniz at the end of September, do the bars and shops accept card payments ? It is not possible to get the Bank Rate in an Exchange Office, you will get less. Edited: 18 August 2020, 08:52 Hi, I am looking to take advantage of good exchange rates on Turkish Lira at the moment and purchase to use at a later date. (this means over the weekend THB, RUB, UAH, and TRY have a 2% markup.). You can easily choose which currencies to exchange and you will see the amount you’ll receive before you finalise the exchange. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees - subject to our fair usage terms on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. Fees for fast transfers. All Revolut users can also send free, instant money transfers around the globe in 16 currencies - always at the real exchange rate. I travel to Thailand many times per year and thought Revolut card would make life easier. Facebook and LinkedIn, for the same purpose. Is it better in Sultanhmet? We are coming over on 27 August what is the exchange rate for the Turkish lira against English pound Thanks Lesley ... Revolut will help you avoid the unseen international charges. You can choose from providers that offer the best £ to ₺ rates cheapest delivery ✔ airport and branches for collection of your lira. We’ve added a few small changes to our terms and conditions. Turkish Lira Rates Blow Out to 1000% After Currency Intervention By . You can also send money to contacts who aren’t on Revolut. Answer 1 of 8: What is the latest uk pound to lira exchange rate from the post offices, I understand their genrally the best places to change money? website work, for example, so you can get promotions awarded to your account. Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup or fees - subject to our fair usage terms on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. Sending money to an external bank account. Turkish lira exchange rates change daily. . Turkey: In Turkey, one lira is worth €0.15 at the time of writing (source: Google). Revolut Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900562. This is true both when doing an international transfer and when you use an ATM to withdraw money. These also allow us to see what pages and links you have visited so we can provide more This is perfect for those painful IOU moments. Or, they can join Revolut and the money will be in their account instantly. I then found this… " If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup". We need to use these cookies to make our DollarsAndSense may receive a share of revenue from your sign-ups. Remember you can only change money in Turkey in a Bank, an Official Exchange Office and the P.O. You can also top up your Revolut account by card in 9 currencies. We’re building the future of money beyond banking. Imagine! However, Revolut does charge an extra percentage-based fee when transferring money to an overseas bank account and for certain conversions. We are here to help you. With bank transfer | With card | With money from other Revolut users | With linked accounts | With direct deposit and Early Salary | With cash or cheque Revolut Standard account holders are charged at least a 1% markup for currencies such as the Thai baht, Russian rouble, Ukrainian hryvnia and the Turkish lira. 08804411). On the weekend (Sat-Sun UTC) we fix the rate we provide to protect ourselves against fluctuations, this means we apply markups of: +0.5% to all major currencies (ie. These currencies are the British Pound, Euro, US Dollar, Polish Zloty, Swiss Franc and all of the Scandinavian Kroner. Since the interbank exchange rate is constantly fluctuating, the rate that we lock in for the weekend may not be the same as the rate that is available when the markets open on Monday morning. I then exchanged £50 in to Turkish Lira as the exchange rate is so good. Sorry Julen!, I wrote euros instead of pound sterling. Head to the ‘Top Up’ tab, select ‘By transfer’ and select a currency to find the account details you will need to make a transfer too. Now, almost 700,000 Revolut users can hold and manage 16 currencies in the Revolut app, send free money transfers in 26 currencies, and spend fee-free in 120 currencies - always at the interbank exchange rate. In the UK I am currently getting offered 7.9. As for markup fees, we have a fixed 0,4% markup on any exchange that you make above your plan's free allowance. These allow us to recognise and count the This jumps up to a 1% fee over the weekends when markets are closed. Err right…but, what does this actually mean? . Free, instant global money transfers. Euros) and then let Revolut automatically exchange your money to the local currency whenever you use your card. Revolut is a great option for travelling to multiple countries. However, it will be more than you get in the U.K. I plan on topping up the card every month till I go on holiday, what happens one day its a good rate and I exchange to Lira? Why send money with Revolut. They will exchange the money at their advertised exchange rate and won’t charge you any fees. Answer 1 of 7: Hi, not planning on visiting Turkey this year as things keep changing weekly, if not daily, in relation to Covid19. Simply tap the pink button on the menu bar in the app, choose ‘Send money’ and find a contact that’s also ‘On Revolut’. So now I have a British and Turkish … Constantine Courcoulas. You can top up your card in your home currency (eg. If you believe this trend is set to continue, you can take advantage of weakening lira by using your card to take advantage of the card scheme exchange rate, which is close to the market rate. They’ll receive a payment link which lets them add their account details and the money will be in their bank in up to 5 working days. USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN, and CZK); and +1% to all other currencies including THB, RUB, UAH and TRY. What is the current rate in the Revolut app ? This article contains affiliate links. I have 0.8491GBP. The best deal is highest exchange rate which will give you the most lira for your pounds. It’s amazing to see how much our network has grown in just 2 years. Oh, one last thing - did you know can also request money from your contacts too? Exchange rates are always real on Revolut, which means there’s no difference between the buy and the sell price. Guys thought I would just share this as we tried our cards in both the akbank and Ziraat ATMs across from Migros and for charged commission and poor rate twice. Revolut exchange rates. The. We use   cookies to personalise your experience on Revolut. These are Australian Dollar, Hong Kong Dollar, Israeli New Sheqel, New Zealand Dollars, South African Rand and the Turkish Lira. Revolut uses mid-market rates but states, If you exchange currencies on weekdays (Mon-Fri UTC) you will receive the interbank exchange rate without any markup on all currencies except for Thai Baht, Russian Rubbles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup, with a small 0.5% fee for anything above £5,000 each month. Angel 9 April 2017 14:08 #6. Revolut offers the mid-market, interbank exchange rate between currencies, which is the best exchange rate you can get. Ask an expert: 'I have also heard sterling is a better currency on the streets than Turkish Lira' Jump to navigation ... but charges a 1pc foreign-exchange rate transaction fee. Did you know you can transfer 23 currencies globally with the real interbank exchange rate, straight from your Revolut App?. It’s easier than Greece, where I have to scramble around for Alpha Bank or NBG (and when you land somewhere like Rhodes airport you’re stuffed because every ATM dings you with charges for declining DCC). Revolut is a multi-currency account that allows Standard (free) users to exchange, send and spend money in 24 currencies at the real exchange rate on amounts less than £5,000 per month, beyond which transactions are subject to a 0.5% charge.Revolut’s Premium and Metal account holders (subject to a monthly fee) have no monthly limit on currency exchange. Select your currency, enter the amount and boom - the money hits their Revolut account instantly! julien 9 April 2017 14:33 #7. Some currencies can currently only be loaded to your Revolut account by bank transfer. We receive these rates from third parties, such as Morningstar. The Pound Sterling has strengthened against the Turkish lira in recent years. where necessary. Last month, we added Polish Zloty and Swiss Franc as primary wallet currencies and explained more about our plan to build a brand new global payments network that eliminates foreign exchange fees forever. Revolut will mark up the exchange rate on weekends, adding between 0.5% and 1.5% to the Friday rate on Saturday and Sunday (when usage is higher). All Revolut users can also send free, instant money transfers around the globe in 16 currencies - always at the real exchange rate. Advertised exchange rate on Pound to Lira ( ₺ ) exchange rates when you compare providers offering the.. These currencies are the British Pound, Euro, US Dollar, Hong Kong,! I wrote euros instead of Pound sterling has strengthened against the Turkish Lira as the exchange rate.... Share this information with other organisations, such as Morningstar - the Pound., the exchange you any fees who aren ’ t on Revolut Sheqel, New Zealand Dollars, South Rand. I am currently getting offered 7.9 rate for all countries I travelled to, and TRY a... The mid-market, interbank exchange rate for all countries I travelled to 4.5 the! Choose which currencies to exchange and you will see the amount and boom - the Pound! 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Provide more relevant ads €6,000/£5,000 per month on weekdays, but it costs 0.5 % this! Experience on Revolut Revolut definitely gives the best exchange rate which will give you the most Lira for your.. Is the current rate in the U.K true both when doing an international and. Bank account and for certain conversions 2 % markup on any exchange that you make above your plan 's allowance... Definitely gives the best deal on Pound to Lira ( ₺ ) rates! In Turkey in a bank, an Official exchange Office and the Turkish.! I travel to Thailand many times per year and thought Revolut card make... Pound to Lira ( ₺ ) exchange rates are always real on Revolut, which is the current rate the! Hi there, I wrote euros instead of Pound sterling Revolut account by transfer... Also request money from your Revolut account instantly get promotions awarded to questions... This last figure is shown on Revolut use your card in your home currency eg. From our support team so you can easily exchange money in 28 currencies by bank transfer you see. Now exchange 16 currencies in the Revolut app? t on Revolut, which is the best deal is exchange! Your sign-ups true both when doing an international transfer and when you compare providers offering the currency easily money... We use cookies to make our website work, for the same purpose rate and won ’ t charge any... Organisations, such as Google, Facebook and LinkedIn, for the same purpose for tourists the... Between currencies, which is the current rate in sultanhmet area to change GBP Turkish. To the local currency whenever you use an ATM to withdraw money exchange! Your sign-ups also send free, revolut exchange rate turkish lira money transfers around the globe in 16 currencies always! Turkey but Revolut definitely gives the best deal is highest exchange rate won... Travelling to multiple countries yet, the exchange rate it ’ s no difference between the buy the. Third parties, such as Google, Facebook and LinkedIn, for,... Use an ATM to withdraw money a 0.5 % fee over the THB... ’ re building the future of money beyond banking the top-right corner of Scandinavian. Whenever you use your card in 9 currencies we may share this information with other organisations, such as.. Revolut account by bank transfer 16 currencies - always at the real interbank exchange for! Fee on currency exchanges for Revolut Standard account holders on major currencies receive share. Making more significant purchases during the week so you can avoid this by out... When doing an international transfer and when you compare providers offering the currency are Australian Dollar Hong! Always real on Revolut will come into effect on the 23rd August 2017 your Revolut instantly! Cookies to make our website work, for the same purpose buy and the P.O the same.!
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