Yes, you can transfer money from Revolut to a bank account, and it works in both directions

Revolut is a fintech app that holds money in a digital wallet, not a traditional bank. To move that money out to a real bank account — yours or someone else's — you initiate what Revolut calls a transfer. The money leaves your Revolut balance and arrives in the destination bank account through the standard payment rails (usually SEPA in Europe, or ACH in the US). The process is straightforward, but timing and fees depend on which country you're in and which bank you're sending to.

The transfer happens inside the Revolut app. You don't need to log into your bank or do anything on the bank's side — Revolut handles the outbound payment. The receiving bank then processes it like any other incoming transfer.

Key Takeaways

  • You initiate transfers from Revolut through the app by selecting a destination bank account and entering the amount.
  • Domestic transfers within the EU typically arrive within one business day; international transfers take longer and may carry a fee.
  • You must verify the destination bank account details (name, IBAN or account number) before the first transfer to that account.
  • Revolut charges no fee for transfers within the EU, but international transfers outside the EU may incur a small percentage fee depending on your plan.

How to set up and send a transfer from Revolut

Open the Revolut app and tap the send or transfer button (the exact label varies by app version). You'll see an option to send to a bank account. Select that, then choose whether you're sending to an account you've already used or adding a new one.

For a new account, enter the recipient's full name, the bank account details (IBAN for European accounts, routing number and account number for US accounts), and the amount. Revolut will verify the account details — this step catches typos and mismatches before money moves. Once verified, confirm the transfer. The money leaves your Revolut balance when ready, but arrival at the destination bank depends on the payment method and the receiving bank's processing speed.

If you're sending to an account you've already transferred to, the process is faster: just select the saved account, enter the amount, and confirm.

Timing: when the money actually arrives

Domestic transfers within the EU (using SEPA) usually arrive within one business day. If you send on a Friday evening, expect the money to land on Monday. Weekends and public holidays don't count as business days, so timing can stretch if you send late in the week.

International transfers outside the EU take longer. A transfer from Revolut in the UK to a US bank account, for example, typically takes three to five business days. The money passes through multiple banks and currency conversion systems, each adding a day or two. Revolut shows you the expected arrival date before you confirm, so you'll know what to expect.

Transfers within the same country (for example, Revolut to another UK bank account) are fastest — often same-day or next-day. The exact timing depends on the receiving bank's processing schedule, not Revolut.

Fees for transfers to your bank account

Transfers within the EU are free, regardless of which Revolut plan you have. This includes transfers to bank accounts in any EU country, plus Iceland, Liechtenstein, and Norway (the EEA).

International transfers outside the EU carry a fee. The amount varies: Revolut typically charges a percentage of the transfer amount (usually 1% to 2%) plus a small fixed fee, but the exact rate depends on your plan and the destination country. Standard Revolut accounts have one fee structure; Premium and Metal accounts may have lower rates. Check the Revolut app before you confirm the transfer — it will show you the exact fee for that specific destination.

Some banks also charge a fee on their end when they receive money from abroad. That's separate from Revolut's fee and happens after the money arrives. You won't see it deducted by Revolut; your bank will take it from the incoming amount.

What information you need to provide

For a transfer within the EU, you need the recipient's IBAN (International Bank Account Number). An IBAN is a standardized 15- to 34-character code that includes the country, bank, and account number. You can find it on a bank statement, in online banking, or by asking the bank directly.

For transfers to the US, you need the routing number (a nine-digit code) and the account number. For other countries, the format varies — some use account numbers and bank codes, others use different systems. Revolut's app will tell you what format it needs based on the country you select.

You also need the recipient's full name exactly as it appears on their bank account. Mismatches between the name you enter and the name on the account can cause the transfer to be rejected or delayed.

Transferring money back into Revolut from your bank

The reverse also works: you can send money from your bank account into Revolut. This is useful if you want to load money into Revolut to spend abroad or hold in another currency. You initiate this transfer from your bank's app or online banking, not from Revolut. You'll need Revolut's account details — your IBAN and a reference code (usually your name or a code Revolut generates for you). Revolut provides these in the app under the "Receive" or "Top up" section.

Transfers from your bank to Revolut follow the same timing rules: domestic transfers arrive within one business day, international ones take longer. Your bank may charge a fee for sending money out; Revolut does not charge a fee to receive it.

What can go wrong and how to fix it

The most common problem is a typo in the account details. If the IBAN or account number is wrong, the transfer may be rejected before it leaves Revolut, or it may be sent to the wrong account. Revolut's verification step catches many errors, but not all. Always double-check the account number and recipient name before confirming.

If a transfer is rejected, Revolut will notify you in the app and the money stays in your Revolut balance. You can then correct the details and try again.

If money is sent to the wrong account, recovery is difficult. The receiving bank may be able to reverse it if you contact them quickly, but this is not may provide. Once money lands in another account, the receiving bank controls whether it comes back.

Transfers can also be delayed if the receiving bank is slow to process incoming payments, or if there's a public holiday in the destination country. Revolut's app shows the expected date, but delays beyond that are usually the receiving bank's responsibility.

Frequently Asked Questions

How much money can I transfer out of Revolut at once?

Revolut's limits depend on your account verification level and plan. Standard accounts typically allow transfers up to a certain daily or monthly limit. Check your account settings in the app to see your current limit. If you need to transfer more, you may need to upgrade your verification or split the transfer across multiple days.

Can I transfer money from Revolut to someone else's bank account?

Yes. Enter the recipient's name and bank details, and the transfer goes to their account. You don't need their permission in the app, but you do need their correct account details. This is useful for paying bills, sending money to family, or reimbursing friends.

What happens if I transfer money to the wrong bank account?

Contact the receiving bank when ready and ask them to reverse the transfer. If the account holder is cooperative, the bank can send the money back. If not, recovery is unlikely. This is why verifying account details before confirming is critical.

Do I pay tax on transfers between my own accounts?

No. Transferring money between accounts you own is not a taxable event. Tax applies only to income, investment gains, or other sources of money, not to moving it between your own accounts.

Can I schedule a transfer for a future date?

Revolut does not offer scheduled or recurring transfers in most regions. You initiate each transfer manually when you're ready. Some third-party services can automate this, but they charge a fee and add complexity.