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opening two bank accounts UK


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Posted

I'm expecting an avalanche of shit for asking this, but how do recipients physically get hold of the funds?

Revolut issue a debit card. It is explained in the FAQ on their site.

Posted (edited)

I've never heard of it.

Are there fees involved or does the rate reflect have no fee?

Sent from my iPhone using Tapatalk

As an introductory offer there are no fees at all for the first year. After that, once you see the new fee structure you can decide as to whether to continue. Right now, you'll get around 55 baht to the £ utilising the card. Get it soon. wink.png

What happens after 12 months?

We reserve the right to change our pricing structure after the first 12 months of using the Revolut service, however, we do not expect there to be a significant change. Revolut was launched with the ambition to offer a fair and transparent alternative to foreign exchange with no hidden fees and we fully intend to live by that philosophy.

We would never charge our customers without clearly explaining the changes and asking their express permission to sign them up on a subscription basis.

Edited by Jiu-Jitsu
Posted

Hi

I have been using Transferwise for a few months.

Great quick service and a lot cheaper than ATM fees or bank trasnfer fees.

Today the rate for:

100 pounds is 5,353.54

1000 pounds is 53,726.64

Thats what gets transferred into your Thai bank account (or anyone elses)

All Thai banks aree supported.

Follow the link here and your first transfer is free

https://transferwise.com/u/6cef7

Over the counter today, you would obtain a rate of 53.994137 on average. No fees.

Reference here

I got 54.02 NET today at Kasikorn Bank on a small transfer..

Posted

Hi

I have been using Transferwise for a few months.

Great quick service and a lot cheaper than ATM fees or bank trasnfer fees.

Today the rate for:

100 pounds is 5,353.54

1000 pounds is 53,726.64

Thats what gets transferred into your Thai bank account (or anyone elses)

All Thai banks aree supported.

Follow the link here and your first transfer is free

https://transferwise.com/u/6cef7

Over the counter today, you would obtain a rate of 53.994137 on average. No fees.

Reference here

I got 54.02 NET today at Kasikorn Bank on a small transfer..

You would have received 54.654 over the counter. No fees involved at all.

Posted

A wholly unnecessary action. A more effective way, at least over the next 12 months, is to open a Revolut account. Better value than using a Nationwide debit card. You can transfer the stipend to the Revolut account from your bank account and she can withdraw the funds as soon as they are available. I guess within an hour or two at the most. Likely within minutes. You get the full mid-market rate with no fees, other than the Thai ATM fee.

I'm expecting an avalanche of shit for asking this, but how do recipients physically get hold of the funds?

Asked in a 'how-to-rescue-a-gap-year-child' capacity.

(The answer isn't obvious in the video,at least not to this technological doughnut!)

Not a problem...

How can I get my Revolut card?

You can order the Revolut card for free directly through the Revolut App. Go to “My Card” and press the button “Deliver the Card to Me”. Due to high demand delivery time is currently up to 10 working days from the date of orde

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