Expirience with revolut - GoFuckYourself.com

Klen · 06-25-2018, 05:52 AM

E-wallets and debit cards are lately popular topic, so here is one.
Revolut is e-wallet which primary focus is to save money on FX fees, which sometime can be quite high with some providers.
However, there is a plot twist with revolut - they are not just e-wallet, but an actual bank, and when you open account there it's same as in any other bank.
This can be see here: https://en.wikipedia.org/wiki/List_o...United_Kingdom where Revolut is listed.
Tho, actual bank accounts can be provided only in two currencies - EUR and GBP, while other currencies are still like in every other e-wallet system, in this case they go over Lloyds Bank. They have support for two types of accounts,
personal and bussiness freelancer/corporation.
They have a bit tedious KYC process which include 4 steps, including web camera shoot, but since this for opening bank account i guess it's normal to expect that. Also, for business account there is requirement to show invoice and matching banking statement and explanation what exactly you doing. I wrote how i send traffic to affiliate programs like the one showed in invoice in statement/invoice.
Difference between personal account and business how business have more features, and it also cost monthly fee compared to personal account which is free. Also, for some reason business account owners cant use
crypto trading feature, for that it is required to have personal account. And that feature is not full crypto trading as with other systems, as you can only buy/sell inside system, you cant sell externally.
But the key feature, and that is best available FX rate, is working fine. So basicly, you receive a payment, and then send it your local bank in your local currency, and fee which you will pay is fee for receiving
incoming wire transfer. Since some bank might have big fee for receiving wire, that could sounds like bad practice, however it cost nothing to receive and send wire on revolut, there is only monthly fee.So when
calculating fees and saved money of FX fee, it is still worth it. They also offer card, but i didnt tried it- i dont really see need for it since wire/sepa transfer doing the job.
My second favourite feature there is virtual card- you can create any amount of virtual cards, you can link them to different currencies accounts, and you can also set monthly limit on each of it.
And you can delete card instantly after using it which is kind a fun.And what i find interesting, it shows immediately charge after using it, for example i used it one card which i created to try netflix,
and they tried to charge card despite saying how it's "free trial". So quite good solution to test online services without fear or extra charges.
They also have live support, which is sometime instantly replaying, if not then when they answer you get a notification e-mail but generally is fast.
At the moment they support only EU residents/businesses, but they announced how they will move to other markets soon.
So if you are from EU , i suggest to try personal account first and play with it.
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CaptainHowdy · 06-26-2018, 05:06 AM

Lil' bump for the crypto crowd . . .

Klen · 06-27-2018, 02:43 AM

Quote:

Originally Posted by CaptainHowdy

Lil' bump for the crypto crowd . . .

This for all "crowd" , not just a crypto which is a bonus feature. For cypto itself, there is many better solutions.

CaptainHowdy · 06-27-2018, 07:37 AM

Quote:

Originally Posted by KlenTelaris

This for all "crowd" , not just a crypto which is a bonus feature. For cypto itself, there is many better solutions.

I apologize . . .

06-25-2018, 05:52 AM	#1
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,234	Expirience with revolut E-wallets and debit cards are lately popular topic, so here is one. Revolut is e-wallet which primary focus is to save money on FX fees, which sometime can be quite high with some providers. However, there is a plot twist with revolut - they are not just e-wallet, but an actual bank, and when you open account there it's same as in any other bank. This can be see here: https://en.wikipedia.org/wiki/List_o...United_Kingdom where Revolut is listed. Tho, actual bank accounts can be provided only in two currencies - EUR and GBP, while other currencies are still like in every other e-wallet system, in this case they go over Lloyds Bank. They have support for two types of accounts, personal and bussiness freelancer/corporation. They have a bit tedious KYC process which include 4 steps, including web camera shoot, but since this for opening bank account i guess it's normal to expect that. Also, for business account there is requirement to show invoice and matching banking statement and explanation what exactly you doing. I wrote how i send traffic to affiliate programs like the one showed in invoice in statement/invoice. Difference between personal account and business how business have more features, and it also cost monthly fee compared to personal account which is free. Also, for some reason business account owners cant use crypto trading feature, for that it is required to have personal account. And that feature is not full crypto trading as with other systems, as you can only buy/sell inside system, you cant sell externally. But the key feature, and that is best available FX rate, is working fine. So basicly, you receive a payment, and then send it your local bank in your local currency, and fee which you will pay is fee for receiving incoming wire transfer. Since some bank might have big fee for receiving wire, that could sounds like bad practice, however it cost nothing to receive and send wire on revolut, there is only monthly fee.So when calculating fees and saved money of FX fee, it is still worth it. They also offer card, but i didnt tried it- i dont really see need for it since wire/sepa transfer doing the job. My second favourite feature there is virtual card- you can create any amount of virtual cards, you can link them to different currencies accounts, and you can also set monthly limit on each of it. And you can delete card instantly after using it which is kind a fun.And what i find interesting, it shows immediately charge after using it, for example i used it one card which i created to try netflix, and they tried to charge card despite saying how it's "free trial". So quite good solution to test online services without fear or extra charges. They also have live support, which is sometime instantly replaying, if not then when they answer you get a notification e-mail but generally is fast. At the moment they support only EU residents/businesses, but they announced how they will move to other markets soon. So if you are from EU , i suggest to try personal account first and play with it. Ref Link:URL No ref link:URL __________________ For GFY administration inquiries- email info at gfy.com or send PM. For advertising inquiries - email marketing at gfy.com Inquiries which are not related to administration or advertising on GFY wont be processed.

06-26-2018, 05:06 AM	#2
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 91,427	Lil' bump for the crypto crowd . . . __________________ Get Your Free Backlinks Today 149 URLs to pick from - Go To The Thread here! Join the SWAG Affiliate Asian Live Cam Program Non-Saturated Models and Exclusive Content.