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Why did my recipient receive an amount less than I sent?

There are a few reasons your transfer recipient may receive less than the amount you sent:

  • Transfers in different currencies: the bank may charge an exchange fee if the currency you’re sending isn’t the same as the recipient’s account.
  • SWIFT transfers: intermediary banks may charge handling fees.
  • Recipient bank fees: the beneficiary bank may charge a fee for incoming transfers.

Revolut Business fees for transfers are always visible in-app before sending money. You can also find them in the transfer details after completing the transfer.