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£ from ATM using Revolut
Posted: Wed 29 Jul 2020 10:22 am
by sazna
Hi does anyone know which ATM's I can withdraw pounds stg from using a Revolut card and if they take a fee or not.
Re: £ from ATM using Revolut
Posted: Wed 29 Jul 2020 1:40 pm
by Keithcaley
All of the ATMs that dispense GBP will charge, Revolut will not charge as long as you stay below the monthly limit.
TEB, Garanti are two of the ones that will let you have GBP.
Bear in mind that you can get £200 worth of TL per 'rolling month' without charge from either side (2% charge by Revolut thereafter) - exchange GBP to TL on your app to get the best rate, and just withdraw your cash as TL from an ATM - you'll win all ways!
Note: withdrawal fee revised to 2% thanks to information from Goldwingalan
Re: £ from ATM using Revolut
Posted: Wed 29 Jul 2020 3:14 pm
by waddo
TEB charge 5% - beware! This on Nationwide Debit cards - used to be no charge, then went to 2.5% which was ok - but then they got greedy! Now they make nothing at all as I won't use them anymore - lol. Their loss, my gain, as have opened an account with Turk Bank as well instead of TEB.
Re: £ from ATM using Revolut
Posted: Wed 29 Jul 2020 3:54 pm
by DarkAli
Well we use a Barclays debit card to withdraw sterling,from TEB no charge it's part of the same banking family
Re: £ from ATM using Revolut
Posted: Wed 29 Jul 2020 5:11 pm
by Keithcaley
DarkAli wrote: ↑Wed 29 Jul 2020 3:54 pm
Well we use a Barclays debit card to withdraw sterling,from TEB no charge it's part of the same banking family
That's definitely worth knowing!
Re: £ from ATM using Revolut
Posted: Wed 29 Jul 2020 6:39 pm
by Charlotte55
This does not apply to Barclay Credit card
C
Re: £ from ATM using Revolut
Posted: Wed 29 Jul 2020 7:32 pm
by Keithcaley
Charlotte55 wrote: ↑Wed 29 Jul 2020 6:39 pm
This does not apply to Barclay Credit card
C
Thank you, duly noted!
Re: £ from ATM using Revolut
Posted: Thu 30 Jul 2020 5:13 am
by sazna
Thanks for the info.
Keithcaley wrote: ↑Wed 29 Jul 2020 1:40 pm
All of the ATMs that dispense GBP will charge, Revolut will not charge as long as you stay below the monthly limit.
TEB, Garanti are two of the ones that will let you have GBP.
Bear in mind that you can get £200 worth of TL per 'rolling month' without charge from either side (0.5% charge by Revolut thereafter) - exchange GBP to TL on your app to get the best rate, and just withdraw your cash as TL from an ATM - you'll win all ways!
Re: £ from ATM using Revolut
Posted: Thu 30 Jul 2020 5:57 am
by thornaby
Using the u.k's on line bank Starling at a Turk atm incurs no charge. Tried to get a Revolut card to pay for residency but like the Starling card is not issued to people with a Turkish address. Ended up getting the Turk bank prepaid card yesterday, was told that it was active but it did not work. Will give it 24 hrs as some post say is necessary.
Re: £ from ATM using Revolut
Posted: Thu 30 Jul 2020 8:33 am
by alphamike
Just a wee update on Ziraat ATM for taking out TL with Revolut. The wording when you use the ATM seems to have changed and mentions something about dynamic conversion. I was desperate for a little bit of cash so just took out 500 TL , but happy to report no charges were made. I did have TL in my Revolut account, so no clue if that makes any difference.
I will pay more attention on next use of that ATM as to the wording and procedure, was too hot and bothered at the time.
Thornaby, I still haven't got a Turk bank pre-paid card, but intend to get one before next year's residency, unless health insurance payments change. I have read that it does take 24 hours before use online. I think it was on this board by the Turk Bank representative.
Re: £ from ATM using Revolut
Posted: Thu 30 Jul 2020 8:53 am
by Keithcaley
alphamike wrote: ↑Thu 30 Jul 2020 8:33 am
Just a wee update on Ziraat ATM for taking out TL with Revolut. The wording when you use the ATM seems to have changed and mentions something about dynamic conversion. I was desperate for a little bit of cash so just took out 500 TL , but happy to report no charges were made. I did have TL in my Revolut account, so no clue if that makes any difference.
I will pay more attention on next use of that ATM as to the wording and procedure, was too hot and bothered at the time.
Thornaby, I still haven't got a Turk bank pre-paid card, but intend to get one before next year's residency, unless health insurance payments change. I have read that it does take 24 hours before use online. I think it was on this board by the Turk Bank representative.
I had the same problem the first time that I used a Ziraat Bank ATM, plus the sun was on the screen, the screen itself was faded, excuses excuses...
The clear advice that I was given afterwards by Erol was "Do NOT opt for 'Dynamic Conversion' because if you do, the ATM owner will convert the TL that you are withdrawing to GBP or something else, at
their rate which will be unfavourable (to you!) compared to rate that Revolut would use".
I found that Iktisat Bank ATMs just do a straight transaction, and don't attempt to use Dynamic Conversion - and the bonus is that there's one quite near my home!
We did have a bit of a natter on the subject
here
Re: £ from ATM using Revolut
Posted: Thu 30 Jul 2020 10:36 am
by thornaby
Alphamike, went back to the bank, spoke to the girl on the helpline, went back home tried again now working OK, really unsure what the problem was but it probably was just a 24 hour wait to get things working
Re: £ from ATM using Revolut
Posted: Thu 30 Jul 2020 11:35 am
by alphamike
Yes thanks KC, remember that thread. Unfortunately there's not a lot of choice of ATM's out in the wilds of Tatlisu, the Ziraat ATM is the only one I know of, there are others in Esentepe. At least it didn't charge me, which was the main thing.
Thornaby, glad that you've got the card working. Good to know.