Receiving foreign payments into Revolut account

Zellah

I have opened an Revolut Premium account, mainly for receiving regular QAR payments by bank transfer from Qatar (will be more than £1k each month so can't use the free account). It seems Revolut just use a single IBAN and BIC for all incoming supported forex payments, so if I was to receive a QAR payment into my account, would this automatically be converted into GBP by Revolut or would it show up in a separate QAR account? If the latter, then I guess I would need to do the currency exchange from QAR to GBP myself within the app? Also I understand Revolut use interbank rates  for currency exchanges provided they're done between Mon-Fri, I see the GBP> QAR rate in the Revolut app as 4.99 yet xe.com show the mid-market rate as 4.93? Unless mid-market and interbank rates aren't the same thing?
Thanks

eDicky

You should set up a separate Qatari rial account on the app to receive the QAR by SWIFT transfer, then, as you say, do the conversion yourself within the app.

You are right about the discrepancy in GBP-QAR rates between Revolut and XE, usually they correspond so I'm surprised and can't explain it. However the QAR-GBP rates are much closer.