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Need help with CAD transfers?

What types of transfers can I use to send CAD?

There are three different transfer types: transfers to a Revolut customer, card transfers, and bank transfers.

Sending money to cards is only available to selected users at the moment. Stay tuned!

Who can I send CAD to?

You can send CAD to a beneficiary who has a bank account from Canada. You can also send CAD to beneficiaries outside of Canada at a higher fee. 

What information do I need about my beneficiary?

To make a transfer to any Revolut customer, you’ll need their phone number or Revtag.

To make an international bank transfer, you’ll typically need the beneficiary’s full name, bank institution number, transit number, and account number. The bank institution number is 3 digits. The transit number is 5 digits. The account number is between 7–12 digits.

To send money to a card, all you need is the card number and the cardholder’s full name. Sometimes, we may ask you for the beneficiary's address as well.

How much can I send?

For most currencies, there are no transfer amount limits. However, some limits may apply for certain currencies. 

If you’re making a transfer to a card, transfers are limited to $5.000/daily and $15.000/weekly (or currency equivalent).

The way we process bank transfers can change depending on the amount. This means that arrival times, intermediary fees charged by other banks and descriptions your beneficiary might see on their statement can differ. We provide more information on this when you make a transfer in the app.

How long does it usually take for the money to arrive?

Transfers to bank accounts

CAD transfers to a bank account domiciled in Canada typically arrive in 1 business day. Sometimes it can take up to 3 business days.

Transfers to cards

Transfers to cards typically take a few minutes but can take up to 30 minutes.

You can use our calculator to preview rates and expected transfer times for a Standard Revolut customer.