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Post by tigerbalm on Feb 7, 2020 12:40:17 GMT
Can you use services like Revolut (I have an existing account) or Transferwise (I don't have an existing accout) ?
How are people managing this from the UK. Any info much appreciated - also any tips or gotchas as well.
Thanks
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benaj
Member of DD Central
Posts: 4,857 
Likes: 1,591
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Post by benaj on Feb 7, 2020 13:55:20 GMT
I use Revolut. The only thing you need to be aware, it's the minimum withdrawal amount, €50. It's one of the highest minimum withdrawal requirement. Otherwise, withdrawal speed is quick, usually same day.
Business loans have longer long term, interest paid at the end of the term for business loans. I haven't added more investment since my initial deposit.
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Post by Ace on Feb 7, 2020 16:39:23 GMT
I've made many euro transfers from Revolut to Robocash by following the instructions on the Robocash Add Funds page. I don't recall any problems. Payments usually arrive the following day.
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Post by jmn on Feb 8, 2020 9:00:26 GMT
Revolut works perfect. Transferwise is not supported at all.
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Post by tigerbalm on Feb 8, 2020 11:17:13 GMT
Hi benaj, ace and jmn - thanks very much for the info really useful.
benaj - are you able to say why you have only made the one deposit ?
Thanks
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p2pmark
Member of DD Central
Posts: 217
Likes: 186
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Post by p2pmark on Feb 8, 2020 12:06:19 GMT
I thought Robocash weren't taking UK investors after Brexit. Is that not right?
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benaj
Member of DD Central
Posts: 4,857
Likes: 1,591
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Post by benaj on Feb 8, 2020 12:28:41 GMT
Hi benaj, ace and jmn - thanks very much for the info really useful.
benaj - are you able to say why you have only made the one deposit ?
Thanks
I simply prefer to increase my investment elsewhere. Unlike other bloggers reporting XIRR over 12%, my investment has yet delivered 0.35% interest after 4 months due overexposure of 180 days business loans via Portfolio settings (Auto-Lend). No business loans have been redeemed early and I probably have to wait at least 2 more months to receive interest when the borrowers repay on time.
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Post by robocashsupport on Feb 13, 2020 6:37:49 GMT
I thought Robocash weren't taking UK investors after Brexit. Is that not right? Hello p2pmark, At the moment, there have been no changes with regard to UK investors on Robo.cash. They can still invest on our platform. If there are any related updates, we will inform you additionally. Feel free to contact us here or at support@robo.cash if you have any further questions. Kind regards, Robocash Support Team
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