Sending money from Revolut to a bank account
How to send a bank transfer
- Go to Payments on the bottom menu
- Tap the plus symbol in the top-right corner
- Select 'Bank recipient' or “UPI” or scroll down to search for your previous recipients
- Follow the prompts to enter the required details
To add a reference to your transfer, tap the 'Reference' field located below the amount you want to send.
Timeframes
UPI transfers are usually instant and should reflect in the beneficiary account immediately after a successful transaction.
Limits
For the first transaction to a new beneficiary, the limit is INR 10,000. From the second transaction onwards, you can send up to INR 2,00,000 per month per beneficiary.
In addition to the above, there is an additional UPI P2P fund transfer limit of INR 100,000 per day.
Merchant payments using UPI have a limit of INR 100,000 per transaction for verified merchants.