A cost-focused breakdown — not which is “best”, but which fits different transfer situations.
Last updated: March 2026 · FXPathway independent analysis
FXPathway compares international transfer costs by looking at both visible fees and hidden FX margins.
Wise and Revolut are two of the most commonly recommended alternatives to traditional bank transfers for GBP → EUR. Both are widely used and often much cheaper than high-street banks.
But they work differently — and that difference matters depending on how much you're sending, how often, and what you care about most.
Compare your own amount.
Use the FXPathway calculator to estimate the real difference between a bank, Wise, and other specialist providers.
Try the free transfer cost calculator →Uses the mid-market exchange rate and charges a transparent fee shown before you confirm. The main cost is visible upfront rather than hidden in the rate.
Can be very competitive for smaller transfers, especially depending on your plan, monthly limits, and whether you exchange on a weekday or weekend.
This structural difference is the most important thing to understand before comparing them.
Typical comparison for GBP → EUR transfers. Always verify directly before sending.
| Factor | Wise | Revolut |
|---|---|---|
| Exchange rate | Mid-market rate | Depends on plan, limits, and timing |
| Transfer fee | Transparent variable fee + small fixed component | Varies by plan and usage |
| Weekend pricing | Markup may apply | Markup may apply |
| Monthly limits | No practical free-tier cap structure in the same way | Depends on plan and monthly allowance |
| Transfer speed | Often same day or next working day | Can be fast, depending on route and setup |
| Transparency | Fee shown before confirmation | Can depend more on plan details and app flow |
The core tradeoff: Wise usually makes the cost easier to see upfront. Revolut can be competitive, but the final cost depends more on your plan, limits, and timing.
The only reliable way to compare providers is to look at the total EUR received for the same GBP amount at the same moment.
Want to test this with your own amount? Use the FXPathway transfer cost calculator.
Wise is often easier to evaluate because the fee is shown clearly and the rate approach is straightforward.
Revolut can be competitive for smaller recurring transfers, especially for users already using the app and staying within any relevant plan limits.
This depends on whether your monthly plan cost is lower than the fees you would otherwise pay elsewhere.
Weekday transfers are usually better for either provider because weekend FX pricing can be less favourable.
Both offer business products, but the best option depends on payment volume, currencies, and how much transparency you want on each transfer.
This page focuses on GBP → EUR transfer cost only. It does not compare every account feature, customer support experience, card features, or investment products.
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It depends on the amount and timing. Wise charges a transparent fee on the mid-market rate, making the total cost predictable. Revolut can be cheaper for small weekday transfers within your plan's monthly limit, but adds a markup at weekends and once you exceed your allowance. For larger or irregular transfers, Wise is usually easier to compare reliably.
On weekdays within your plan's monthly free conversion limit, Revolut typically uses the mid-market rate. Outside those limits, or at weekends, a markup applies. The exact markup depends on your plan. Wise always uses the mid-market rate regardless of day or amount, with a separate transparent fee.
Wise is generally more consistent for regular transfers because the fee structure doesn't change based on plan limits or timing. Revolut can work well for regular smaller amounts if you stay within your weekday conversion allowance, but requires more attention to limits and plan costs.
Yes — both support transfers to Spanish IBANs. Wise sends directly to the recipient's bank account using SEPA or SWIFT rails. Revolut also supports international bank transfers. Always confirm the recipient's IBAN (starts with ES) and any BIC/SWIFT code before sending.
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