Customers in the additional countries can transfer money to 50+ countries quickly, bringing Revolut closer to connecting people seamlessly across the world with financial services.

Using global money transfer infrastructure, Revolut allows customers to send and receive money at the tap of a button. There is no fee between Revolut customers, and a 1% fee to non-Revolut bank accounts with a $1 USD minimum fee for customers in these five new countries. Any transfer fee will be displayed in the app before a customer hits transfer, and a competitive exchange rate is offered for international transfers.

Revolut will enable customers in additional countries to make competitive and secure international transfers in 30+ currencies. Starting in the next couple of months, individuals in these countries can download the Revolut app and sign-up to access the streamlined version. Money can be sent across the globe quickly, with the majority of transfers happening within one working day.

Vlad Yatsenko, Revolut chief technology officer, commented: “We’re delighted to launch the Revolut app in another five countries, as we continue to expand access to Revolut’s fast, secure, and easy money transfers to countries around the world. Revolut is redefining how to send and receive money by simplifying the process of international transfers, offering competitive fees, and always providing the best possible exchange rate.

“Traditional transfers can sting customers with hidden fees, but we’re waiving all our transfer fees if you’re both on Revolut - no matter where you are. Additionally, we’re always offering the best possible exchange rate that we can - something we’re extremely proud of.”