The optimum solution to multi-currency is made possible by Revolut with one of the secure banking systems. With Revolut, you can easily do multiple transactions without worrying about getting your bank account hacked or scammed. If you are wondering why you should trust Revolut with your money or choose it as your final destination for a multi-currency account, then this blog is for you. Get ready to know everything about creating a reliable multi-currency account with Revolut.Â
Why choose Revolut for a multi-currency account?Â
Revolut is one of the best financial service providers. It offers various banking and financial services through its secure banking app. It’s mainly known for its digital banking systems and for international currency exchange services. There are more than 25 currencies you can easily exchange on Revolut! This is crucial for those who have small businesses running abroad and for major international businesses. Plus, if you are a frequent traveller, you can expect your currency exchange all done with Revolut’s online banking card.Â
The new virtual world calls for an easy solution to the digital banking system. And this includes having a secure multi-currency account. There are many benefits of having a multi-currency account with Revolut. It’s a final solution to effortless, borderless, and seamless expenses where you can get instant transactions done on time. Revolut is also one of the most trusted online banking platforms, so your money is always safe, and your expense is also boundless.Â
Advantages of having a multi-currency account with Revolut
1. 25 Currency exchange
When you create your account on Revolut, you get access to 25 currencies around the world. For any currency exchange done with Revolut, you can get the same amount of exchange rate that banks use within themselves. Easily exchange like a local and get charged like a local, with no additional charges for any currency exchange done internationally.Â
This system has made it more convenient and cheap for frequent travellers and entrepreneurs. If you are one of them, you no longer have to stop at the airport or visit a bank to exchange currency. Plus, you can also transfer money without worrying about currency exchange since the international transaction is faster and cheaper.
2. All-in-one Revolut’s cardÂ
This is the most beneficial part of creating your account with the Revolut. The card you receive from Revolut is an all-in-one card that serves multiple purposes. Not only does the virtual card do the whole banking system conveniently, but the physical card also gets all the work done smoothly. Once the account is created, a physical card is sent in your name, and then it can be used for any digital banking related to international transactions. It can be used for both withdrawals and for making purchases. The Revolut card allows you to do conversions at competitive prices.Â
Revolut account holders can secure their banking card with a highly secure password. Unless you share your personal information with someone, Revolut’s card stays safe and protected. Moreover, every single transaction made is fully encrypted so that your account information is not hacked.
3. Globally spendingÂ
Here is an interesting part of having a multi-currency account with Revolut – if you travel in different countries, every time you make an online transaction at a local store or at the mall, you will be charged the exact amount in the local currency. Plus, without the additional charges, you won’t have to worry about international charges. So it’s like shop like a local and pay like a local.
4. ATM withdrawals with no charges
Revolut’s multi-currency account offers exciting plans that offer free ATM withdrawals with no charges. But ATM withdrawals also have certain limits that the account holders should keep in mind. To avoid crossing your free ATM withdrawal limits, you should withdraw a sufficient amount of money to avoid multiple transactions. Especially when you are making ATM withdrawals in different countries.
5. Easy budgeting and expense tracking
One huge advantage the customers get with Revolut’s multi-currency account is easy tracking and accurate spending records. This becomes highly beneficial for customers to keep track of how much they are spending in a month or yearly through expense tracking features. It helps the customers to keep a sharp eye on the overall budget expenses.
6. Team management on spendingÂ
This is an excellent opportunity for those who are running a business. The account holder can create one space for the whole team to manage their spending. This also means you can easily track where all the money is going. To enjoy this process, simply invite all of your team to the account and get notified of every transaction your team makes. Moreover, you can also create the maximum spending for each team member.Â
Whether the spending is done internationally or domestically, the multi-currency account makes it possible for team spending. This allows you to understand where you and your team stand financially. This is a business transformation for entrepreneurs.
7. Crypto and Stocking Trading with Multi-currency account
In this advanced world, stock trading and cryptocurrency are so common that those individuals who are investing in stock marketing can create a specific plan. This plan is related to trading and cryptocurrency exchange. Plus, you can easily control where you want to make your investment. Lastly, you can have full control over your multi-currency account right on the mobile account app.Â
ConclusionÂ
There is no doubt that Revolut has created a transformative banking system that benefits customers from across different countries. It’s hard to find a trusted digital banking system that provides such an extensive banking system internationally. But with Revolut, it’s completely revolutionary. One of the advantages that customers should not miss out on is the multi-currency account. It helps you retain your dominance and control over how you spend your money globally. What more do you need when you have to spend and pay like a local in 25 different currencies? For more information, visit Findwyse.