Revolut has announced that Revolut Lite - a streamlined version of the Revolut app which can be used to send and receive money - is now available in Armenia, Macao and Moldova.

Customers in Armenia, Macao and Moldova will now be able to transfer money to other Revolut Lite countries – Chile, Sri Lanka and Azerbaijan and other countries where Revolut is live with its full product offerings - UK, EEA, US, Japan, Singapore, Australia, Brazil and soon India, New Zealand and Mexico.

Customers will also be able to use Revolut’s global money transfer infrastructure, to send and receive money to and from non-Revolut bank accounts and cards at a transfer fee of 1% and 3% respectively, subject to a minimum fee of USD 1.

Any transfer fee will be displayed in the app before a customer taps the button and a competitive exchange rate is offered for international transfers. On occasion of the launch, the 1% and 3% fee on Lite App transfers to non-Revolut bank accounts and cards will be waived off till 30th August, 2023.

To start using Revolut, it is necessary to download the app from either Google Play Store or the Apple App Store and sign up, following the instructions. Customers will be asked to verify their identity using a valid ID document. Once the account is created, it is possible to send money easily from the ‘Payments’ section.

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