We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Revolut UK transferred funds to HSBC UK (DEBIT) charged a fee
RKO1
Posts: 44 Forumite
I transferred £15 to my friend from my revolut card UK to her HSBC UK debit account. However she only got £14.83. and it seems like HSBC UK took a fee. Why is this?
0
Comments
-
Debit account. Did you mean current account?0
-
Did you transfer it using Faster Payments (sort code and account number), or did you give Revolut their 16 digit card number? I believe Revolut levy a small fee for transfers where you use the card number.0
-
If your pal had a Revolut account then the transfer from yours to theirs would have been fee-free. The fee levied depends on how your pal decided to receive the cash. A personal faster payment (where you have the account number etc) is also free.RKO1 said:
I went via contacts and sent them a requestTheBanker said:Did you transfer it using Faster Payments (sort code and account number), or did you give Revolut their 16 digit card number? I believe Revolut levy a small fee for transfers where you use the card number.0 -
It's almost certainly Revolut that's charged you - using debit or credit cards incurs costs and probably passed it on.RKO1 said:I transferred £15 to my friend from my revolut card UK to her HSBC UK debit account. However she only got £14.83. and it seems like HSBC UK took a fee. Why is this?0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
