Last reviewed: · Curated by Ohmyfin Organisation editorial.
Wise and Revolut both offer cheap multi-currency transfers, but they take fundamentally different approaches: Wise specialises in cross-border money movement, Revolut bundles transfers into a broader fintech super-app. Pricing varies sharply by currency, day-of-week and amount — always check both at quote time.
Fees — Wise: Wise charges a transparent variable + fixed fee using the live mid-market rate. Cost is visible upfront before you confirm.
Fees — Revolut: Revolut offers a monthly free FX allowance on paid plans (Premium / Metal / Ultra) plus tighter margins on weekdays; weekends typically add a 0.5-1% markup. Free plan has monthly FX limits.
Speed — Wise: Local rails: minutes to same-day. SWIFT-routed transfers: 1-2 business days.
Speed — Revolut: Revolut-to-Revolut: instant. SEPA Instant: seconds. SWIFT-routed: 1-2 business days.
Best for — Wise: Frequent international transfers, business customers needing MT103/UETR for reconciliation, customers wanting transparent fee breakdown.
Best for — Revolut: Customers who want a card + travel + crypto + cross-border bundle in one app, light-to-medium FX usage with weekday timing.
Bottom line: For pure cross-border value, get a same-day quote from both — pricing differences are often small, and the right choice usually depends on which features you need.
It depends on the corridor, amount, day of week, and your Revolut plan. Get a same-day quote from both at the moment of transfer.
Both are similar — local-rail transfers settle in minutes to same-day, SWIFT-routed transfers take 1-2 business days for either service.
Both use SWIFT sometimes — when the destination currency has no local rail, or for large business transfers. Most consumer transfers use local rails.
Yes — if it went via SWIFT and you have the UETR. Paste it into Ohmyfin for live GPI status.
Both are app-first with chat support. Wise has a stronger reputation for business support; Revolut for self-service in-app tools.
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