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All you need to know about exchange rates

We hear about exchange rates all the time, but what are they and why are they so important?

Don’t fall for HMRC scams

Recent news reports show a persistent scam where fraudsters pretending to work for the UK tax authority, Her Majesty's Revenue and Customs (HMRC), contact people to trick them into giving them money.

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How to look out for account takeover scams 👀

While the internet has given us plenty of positive opportunities, it’s also provided scammers with more ways to trick people into giving away their money and personal information. One of the ways

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Paiement sans contact : comment ça marche ?

Comment fonctionnent les paiements sans contact ? Et comment pouvez-vous être sûr que vous êtes en sécurité lorsque vous payez avec des cartes sans contact ?

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What’s the difference between gross profit and net profit?

Gross profit vs net profit is the eternal battle of two rival metrics. Each is a vital indicator of how a company performs– and they link, too, as you use one to calculate

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What are allowable business expenses? - Sole trader

Business expenses are what your spend on the products and services you need to operate your business. Find out what expenses you can claim as a sole trader. What are allowable business expenses?

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What are company expenses? - Limited Company

Company expenses are what your spend on the products and services you need to operate your business. Expenses are also used to calculate your company’s profit – to do this, you simply subtract your allowable expenses from your revenue.

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What are corporate cards?

Corporate cards are any payment cards (credit or debit) issued by a company to its employees for use on business expenses such as travel, meals, or supplies. This enables employees to make purchases without needing to use their personal cash or cards.

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What is AER?

What is AER? What is the AER interest rate? And what’s the difference between AER and APR? These are all good questions, and we hope to answer each one in this blog

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How to Calculate the Exchange Rate

Learning how to calculate the exchange rate is essential if you want to make your money go further in a foreign currency. It will help you work out whether the exchange rate you’

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What are commodities? Revolut explains 🥇

This article aims to break down the essence of commodities to help you better understand what they’re all about, how their prices are affected, the difference between commodities and stocks, if you actually get to own the commodities you’re buying.

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What is a Virtual Card?

From convenience to improved security, virtual cards are quite handy things. In this article, we’re taking a look at what they’re all about.

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What is a Guarantor?

If you are signing a contract to rent a house or apartment, you will in all likelihood need a guarantor. But what is a guarantor, what do they do, and why do you

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How to budget: the basics of budgeting

How do I make a monthly budget? In this blog post, we’ll explain all the basics of how to budget, and we’ll tell you about two useful rules – the 30-day rule,

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Can You Have More than One Current Account?

There are a lot of incorrect ideas surrounding the legality and wisdom of having multiple current accounts – and it is time to put that straight. So, can you have more than one current

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What is a Digital Wallet?

What is a digital wallet and how does it work? How do I get a digital wallet? And is a digital wallet safe? For the answers to these and other questions, read on.

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Savings Plan: How to Create One

Whether you’re aiming to save money [https://blog.revolut.com/how-to-save-money-tips/] for an emergency fund, your retirement, or a luxury item, a savings plan will help you to be successful in putting

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What is remittance?

Used primarily in a context of overseas transactions, a remittance is strictly defined as any payment or gift. However, whilst its meaning is technically broad, people and governments tend to define remittance in

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When Did I Open My Bank Account? How to Find Out

It doesn’t come up often, but when you’re asked “when did you open your bank account?”, you’ll need more than just your best guess. But how can you get the

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What is a Wire Transfer? Fully Explained

The terms “wire transfer”, “bank wire”, and “to wire money” have become expressions we use to refer to any act of sending or receiving money electronically. However, this is imprecise language. So, what

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What is an IBAN?

Many know it simply as the long number you need when you want to receive an international cash transfer [https://blog.revolut.com/swift-sepa-how-international-money-transfers-actually-work/]. But what is an IBAN number? And what is

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What is a Debit Card?

What is a debit card? How does a debit card work? Is an ATM card a debit card? Find out the answers to these and other debit card related questions here. What is

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Currency Symbols of the World Listed

Currency Symbols What are the symbols for foreign currency? What does the symbol mean in money? What are the currency symbols for different countries? To better understand what the different world currency symbols

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How to cancel a Direct Debit

Automatic payments on your bill are useful... until you don’t need them any more. Knowing how to cancel a direct debit can save you money you didn’t know you were spending.

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What is Open Banking?

What is open banking? Research suggests [https://www.unlimitedgroup.com/wp-content/uploads/2018/12/LG-Unlimited-Open-BankingReport_Splendid_v03_LR.pdf] that the majority of people still have no idea. However, it could be something

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