. Exchange rate history. This article contains affiliate links. However, it will be more than you get in the U.K. julien 9 April 2017 14:33 #7. 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. You can also send money to contacts who aren’t on Revolut. Revolut offers the mid-market, interbank exchange rate between currencies, which is the best exchange rate you can get. These will come into effect on the 23rd August 2017. I recently opened an account (British) and deposited £100. Angel 9 April 2017 14:08 #6. Oh, one last thing - did you know can also request money from your contacts too? Revolut users can now hold, exchange and send free instant money transfers in 11 new currencies! These are Australian Dollar, Hong Kong Dollar, Israeli New Sheqel, New Zealand Dollars, South African Rand and the Turkish Lira. You can also top up your Revolut account by card in 9 currencies. Turkish lira exchange rates change daily. 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.. 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! Euros) and then let Revolut automatically exchange your money to the local currency whenever you use your card. In the UK I am currently getting offered 7.9. 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. Join 10M+ already using Revolut. Revolut: A Summary. We are coming over on 27 August what is the exchange rate for the Turkish lira against English pound Thanks Lesley 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. 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. 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. 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). Exchange rates are always real on Revolut, which means there’s no difference between the buy and the sell price. We receive these rates from third parties, such as Morningstar. Remember you can only change money in Turkey in a Bank, an Official Exchange Office and the P.O. The Pound Sterling has strengthened against the Turkish lira in recent years. With bank transfer | With card | With money from other Revolut users | With linked accounts | With direct deposit and Early Salary | With cash or cheque Select your currency, enter the amount and boom - the money hits their Revolut account instantly! It is not possible to get the Bank Rate in an Exchange Office, you will get less. I travel to Thailand many times per year and thought Revolut card would make life easier. DollarsAndSense may receive a share of revenue from your sign-ups. 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. 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). These also allow us to see what pages and links you have visited so we can provide 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. However, Revolut does charge an extra percentage-based fee when transferring money to an overseas bank account and for certain conversions. 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! 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. 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. 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. Some currencies can currently only be loaded to your Revolut account by bank transfer. website work, for example, so you can get promotions awarded to your account. where necessary. Turkish Lira Rates Blow Out to 1000% After Currency Intervention By . Bargain! . These currencies are the British Pound, Euro, US Dollar, Polish Zloty, Swiss Franc and all of the Scandinavian Kroner. They will exchange the money at their advertised exchange rate and won’t charge you any fees. Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. The. 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? 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". ... Revolut will help you avoid the unseen international charges. We are here to help you. 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. Obviously, you can avoid this by taking out cash or making more significant purchases during the week. It’s amazing to see how much our network has grown in just 2 years. The best deal is highest exchange rate which will give you the most lira for your pounds. Facebook and LinkedIn, for the same purpose. 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. 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! You can choose from providers that offer the best £ to ₺ rates cheapest delivery ✔ airport and branches for collection of your lira. We may share this information with other organisations, such as Google, Get the best deal on pound to lira (₺) exchange rates when you compare providers offering the currency. This jumps up to a 1% fee over the weekends when markets are closed. 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. Revolut applies a 0.5% fee on currency exchanges for Revolut Standard account holders on major currencies. Imagine! 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? 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. I never used it in Turkey but Revolut definitely gives the best exchange rate for all countries I travelled to. 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? Revolut exchange rates. I have 0.8491GBP. Simply tap the pink button on the menu bar in the app, choose ‘Send money’ and find a contact that’s also ‘On Revolut’. You can easily choose which currencies to exchange and you will see the amount you’ll receive before you finalise the exchange. 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. Find all the answers to your questions about Revolut and get help from our support team. All Revolut users can also send free, instant money transfers around the globe in 16 currencies - always at the real exchange rate. Why send money with Revolut. Constantine Courcoulas. Revolut Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900562. Hi there, I’m new to Revolut. You can now exchange 16 currencies in the Revolut app at the real interbank exchange rate. Or, they can join Revolut and the money will be in their account instantly. Edited: 18 August 2020, 08:52 These allow us to recognise and count the Revolut Ltd is a company registered in England and Wales (No. We need to use these cookies to make our As for markup fees, we have a fixed 0,4% markup on any exchange that you make above your plan's free allowance. You can easily exchange money in 28 currencies by clicking on the 'Exchange' button in the top-right corner of the Accounts tab. Sorry Julen!, I wrote euros instead of pound sterling. There are a few exceptions: Thai Baht, Russian Rubles, Ukrainian Hryvnia, and Turkish Lira where we add a 1% markup. Is it better in Sultanhmet? The Bank Rate at this hour is 9.74. So now I have a British and Turkish … 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. You can top up your card in your home currency (eg. Answer 1 of 7: Hi, not planning on visiting Turkey this year as things keep changing weekly, if not daily, in relation to Covid19. You can also load all of our 16 wallet currencies by bank transfer. Free, instant global money transfers. This is perfect for those painful IOU moments. 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. Err right…but, what does this actually mean? number of visitors to our website, and see how visitors browse our website, so we can improve it I then exchanged £50 in to Turkish Lira as the exchange rate is so good. relevant ads. These are Australian Dollar, Hong Kong Dollar, Israeli New Sheqel, New Zealand Dollars, South African Rand and the Turkish Lira. Revolut is fine in Turkey. We use   cookies to personalise your experience on Revolut. Turkey: In Turkey, one lira is worth €0.15 at the time of writing (source: Google). 0.85198 euros aren’t 0.8491euros ( this last figure is shown on revolut exchange rate). Fees for fast transfers. This is in addition to our existing currencies - the British Pound, Euro, US Dollar, Swiss Franc and Polish Zloty. Exchanging currencies with Revolut is free up to €6,000/£5,000 per month on weekdays, but it costs 0.5% above this amount. All Revolut users can also send free, instant money transfers around the globe in 16 currencies - always at the real exchange rate. 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. 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. 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. 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. Update your app to Revolut 4.5 via the Google Play and iOS store now to take advantage of our new currencies! Answer 1 of 6: What is the current rate in sultanhmet area to change GBP to Turkish Lira. We’re building the future of money beyond banking. This is true both when doing an international transfer and when you use an ATM to withdraw money. 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 ? 08804411). Did you know you can transfer 23 currencies globally with the real interbank exchange rate, straight from your Revolut App?. Yet, the exchange rate seems to be nice for tourists at the moment. What is the current rate in the Revolut app ? We’ve added a few small changes to our terms and conditions. Sending money to an external bank account. Revolut is a great option for travelling to multiple countries. (this means over the weekend THB, RUB, UAH, and TRY have a 2% markup.). 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