Question regarding deposit and withdrawal with Revolut

In t212 when you go to deposit, set bank wire option.

You will get reference code as first of many information, along with IBAN, BIC etc.

You get your money in currency sent. So if you have USD in t212 you get USD out. Revolut wonā€™t do conversionā€¦

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Also how much time does it take for wire transfer to complete?

And also do u guys before validating ur account found that u are allowed to deposit on ur CDF accout but not investing? Can u trade CDF but nedd identity validating for.investing?

Trading 212 FAQ

Personal experiance, if I execute Revolut order before noon, it lands to t212 on same day. At times it took 2-3 days, but 90% of time it is same day.

Make note execute Revolut order is not = request. As it takes Revolut few hours to execute as wellā€¦

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I have used Revolut, throw usd account I maked a transfer to account in trading 212, I was 3-5 business days

Hi guys! I make my first deposit through bank wire transfer with revolut. In revolut the transfer is completed but in my trading 212 still not. How much time you waited before your deposit is available for trading?

@Bormy It takes about 2-3 business days until the funds are allocated.

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I use Revolut bank wire as standard deposit.

Usually if I make transfer(executed on Revolut) before Noon, it arrives same day. On occasions I had to wait 1 day. Once in so many top ups it took 3 daysā€¦

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This might be an ignorant question however outside UK people donā€™t have the option to link their bank account to the app to instantly top up?

Not that we are aware of, but good to know :wink:

I think I saw that option somewhere, but Iā€™m not sure.

Do clients from the UK wire to the same account that Vedran post or they have separate accounts in Barclays?

These are the options that I have. My card is linked to the account and the transfer is instant. I presume Google Pay would be the same.

Well Revolut card is blocking t212, so no way to use card, as my account is USD and my native is HRK. I donā€™t want to pay bank FX :slight_smile:

So revolut bank wire is best optionā€¦

I think itā€™s the same for everyone. I misunderstood, I thought you were talking about auto top-up when you fall below specific amount that revolut have (even it was little weird). :slight_smile: People donā€™t want to link their local debit card because exchange rate is not good, its much better if you exchange money through revolut, but you canā€™t link/top-up t212 with revolut card. So they use bank transfer. And I think I know the answer to my question, clients outside the UK can choose between the account in EUR and USD, we canā€™t have an account in GBP. So itā€™s a different way for a bank transfer (with reference num) because there is only one USD account for all clients and if you forget to put ref num, or you put wrong reference num, you will have to call customer service and prove itā€™s your money.

Thats about right description @Darko.

I made noise to Revolut about removing from black list, but they donā€™t care. So until some Revolut competitors have similar FX.
We are stuck with Native Bank > Revolut - Revolut Exchange > Bank wire T212ā€¦

Funny enough, no other fintech blocks t212. I would say Revolut considered t212 as competitors in trading platform space so they blockā€¦

Yes, Revolut and t212 are fintech startups with almost same path, so it would be rotten from Revolut to bash t212. But I think itā€™s not the case, Revolut blacklisted all financial securities brokers.

In my case, native bank in hrk>revolut - revolut exchange from hrk to gbp> revolut transfer to my uk account (monzo or hsbc) in gbp > debit top-up from monzo gbp acc to t212 USD account (exchange from gbp to usd) > buy VUSA etf in gbp (2nd exchange, from usd to gbp). :smiley:

I know they blocked all :slight_smile:

But fact is other fintech like Transferwise/Monese from what I tested work fine with T212ā€¦

The revolut transfer was completed at 02 am, 6 may, but the fund are not allocated to my accountā€¦for my point of view is to much

how was I able to deposit money using my Revolut visa card (premium acc)???

Now I am scared to withdraw my money so it doesnā€™t get lost on the way back to Revolut, could it be possible?

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