Yes, you can transfer money from Revolut to a bank account
Revolut lets you move money out to any bank account you own or control. The transfer goes through your bank's ACH network (in the US) or SEPA (in Europe), which means it takes one to three business days and costs nothing from Revolut's side. You initiate the transfer from inside the Revolut app by entering your bank's routing number and your account number, then confirming the amount and the date you want the money to leave.
The catch is that Revolut must verify you own the bank account before the first transfer clears. This verification usually happens automatically—Revolut deposits two small amounts (under $1) into your bank account, and you confirm the exact numbers back in the app. Once verified, future transfers are instant to set up.
If you're transferring to someone else's bank account or to a bank outside your home country, the process is different and slower. Read the section below that matches your situation.
Key Takeaways
- Transfers from Revolut to your own bank account take one to three business days and are free.
- Revolut verifies your bank account by depositing two small test amounts; you confirm the numbers in the app to unlock future transfers.
- Transfers to someone else's account or to international banks use SWIFT or local transfer rails and may take five to ten business days.
- Revolut charges a small fee for international transfers, usually 1–2% of the amount, depending on the currency pair.
- If a transfer fails, check that the routing and account numbers are correct, and confirm your bank hasn't blocked Revolut's incoming transfers.
How to set up your first transfer to your own bank account
Open the Revolut app and tap Accounts or Cards, then select the account you want to transfer from. Look for a button labeled Send, Transfer, or Withdraw—the exact label varies by region. Tap it and choose Bank Transfer or External Account.
Enter your bank's routing number (US) or IBAN (Europe and most other countries). If you don't know your routing number, log into your bank's website or call the bank's customer service line; it's usually printed on the bottom left of a check. Then enter your account number and confirm the account holder's name matches what Revolut has on file.
Revolut will show you a preview of the transfer. Confirm the amount and tap to send. Within one to two business days, Revolut deposits two small amounts into your bank account—usually between $0.01 and $0.99 each. Check your bank statement for these deposits, note the exact amounts, and return to the Revolut app. Tap Verify Account or a similar prompt, enter the two amounts, and submit. Once confirmed, your account is verified and future transfers will process without this step.
Transfers to someone else's bank account or international banks
If you're sending money to another person's bank account, Revolut treats this as a SWIFT transfer (international) or a local bank transfer (same country). These are slower and more expensive than transfers to your own account. SWIFT transfers typically take five to ten business days and cost 1–2% of the amount you send, depending on the currency and destination country. Local transfers within the same country usually take two to three business days and may cost a flat fee of $3–$10.
To send to someone else's account, select Send Money or Transfer in the app and choose International Transfer or Bank Transfer. Enter the recipient's full name, bank account number or IBAN, and their bank's SWIFT code (for international transfers). Revolut will calculate the fee and show you how much the recipient will receive after conversion and charges. Confirm and send.
The recipient's bank may hold the money for an extra day or two while they verify it's legitimate. If the transfer doesn't arrive within the stated timeframe, contact Revolut support with the transfer reference number (shown in your transaction history) and ask them to trace it with the recipient's bank.
What to do if a transfer fails or gets rejected
A transfer can fail for several reasons: incorrect routing or account number, a closed account, or your bank blocking incoming transfers from Revolut. The most common cause is a typo in the routing or account number. Double-check both against your bank statement or your bank's website. If the numbers are correct, log into your bank's website or call customer service and ask whether they've blocked transfers from Revolut or flagged them as suspicious.
Some banks, particularly smaller regional banks, do not accept ACH transfers from fintech companies like Revolut. If your bank is one of them, you'll need to transfer to a different bank account you control, or ask your bank whether they have a workaround. A few banks allow you to whitelist Revolut's transfer address in advance.
If Revolut rejected the transfer before it even left their system, the app will show an error message. Common reasons include insufficient funds, a frozen account, or a security hold. Check your Revolut balance and confirm your account is active. If you see a security message, Revolut may be asking you to verify your identity; follow the prompts in the app.
How long transfers actually take
Transfers to your own verified bank account in the US take one to three business days. Revolut processes the transfer the same day you send it (if you send before 11:59 p.m. in your time zone), but your bank may take an extra day or two to post it to your account. Weekends and bank holidays add time; a transfer sent on Friday evening may not appear until Tuesday or Wednesday.
International transfers and transfers to someone else's account take longer. SWIFT transfers typically take five to ten business days because they move through multiple banks and currency exchanges. Some destination countries are slower than others; transfers to certain African or Asian banks can take two weeks. Revolut will show an estimated delivery date when you confirm the transfer.
If a transfer hasn't arrived within the stated timeframe, don't panic. Contact Revolut support and provide the transfer reference number (a unique code shown in your transaction history). They can check the status with your bank and the recipient's bank. If the money is truly lost, Revolut can usually recover it or issue a refund, though this process can take several weeks.
Fees and exchange rates
Transfers to your own bank account within your home country are free. Revolut does not charge a fee for ACH transfers (US) or SEPA transfers (Europe). Your bank may charge a small fee for receiving an external transfer, but this is rare and usually only applies to business accounts.
International transfers and transfers to someone else's account cost money. Revolut charges 1–2% of the amount for currency conversion and a flat fee of $3–$10 depending on the destination country. Some countries have higher fees; transfers to certain regions may cost up to 3%. Revolut shows the exact fee before you confirm, so you'll know the total cost before the money leaves.
If you're converting currency as part of the transfer, Revolut's exchange rate is usually competitive but not the absolute best available. For very large transfers, you might save money by converting to the destination currency first (using Revolut's regular currency exchange feature) and then transferring in that currency, though this adds an extra step.
Frequently Asked Questions
How do I know if my bank account is verified?
Open the Revolut app, go to Accounts or Settings, and look for your linked bank accounts. A verified account will show a checkmark or "Verified" label next to it. If you see a "Pending Verification" label, the two test deposits haven't been confirmed yet. Check your bank statement for the small deposits and enter the amounts in the Revolut app.
Can I transfer money from Revolut to a joint bank account?
Yes, as long as you are one of the account holders. Enter the account number and routing number as usual. Revolut may ask you to confirm that you own or control the account; if the verification deposits go to a joint account, you can confirm them if your name is on the account.
What if I entered the wrong bank account number?
If the transfer hasn't left Revolut yet, cancel it immediately in the app and start over with the correct number. If the transfer has already been sent, contact Revolut support right away with the transfer reference number. They can sometimes recall the transfer before it reaches the recipient's bank, but this only works within a few hours. If the money reaches the wrong account, you'll need to contact that bank and ask them to return it.
Does Revolut charge a fee to receive money from my bank account?
No. Revolut does not charge you to receive transfers into your Revolut account from a bank. Your bank may charge you a small fee for sending the transfer, but Revolut's side is free.
Can I schedule a transfer for a future date?
Yes. When you set up a transfer in the Revolut app, you can usually choose to send it immediately or schedule it for a specific date. Scheduled transfers process on the date you choose, so the money will arrive at your bank one to three business days after that date.