REVOLUT - All required important information of a leading money transfer service provider (2024)

Brief Summary for Revolut (GBP-INR)

Revolut is a reputable provider of international money transfer services that offers competitive exchange rates for converting British Pounds to Indian Rupees, making it possible for individuals to send money from the UK to India. The company prioritizes customer satisfaction and ensures secure transactions. With its efficient payment methods and positive customer feedback, Revolut is an ideal option for those needing to send money abroad. It is a reliable peer-to-peer currency exchange platform that provides a quick, secure, and affordable solution for businesses and individuals requiring global money transfers.

Revolut offers several payment methods with best GBP to INR exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in India. Irrespective of the payment method, the receiver will get the fund in their bank account in about 1 business day. You can send up to ₤250000. For any transaction up to ₤1229, there is no transfer fee. However, a small transfer fee of 0.35% of transaction amount is charged for amount above ₤1229. The minimum transaction amount is ₤2. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.

Revolut is an international money transfer service that offers favorable exchange rates for those who wish to convert Pound Sterling to Indian Rupee, and provides loyalty rewards and referral programs to its current customers who are interested in sending money to India.