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Currency exchange question
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Ok so i’m on the default plan and there is a 1000 pound exchange limit per month before i have to pay 1% in fees.

My question is, does this apply for transfers or purchases that exceed 1000 pounds in another currency? For example if i don’t exchange my money from pounds, but make a bank transfer or an online purchase for let’s say 5000 euros, will that also incur a 1% exchange fee? Or is the rate going to be any different? Sorry for the noob question, i’m somewhat new and couldn’t find a clear answer.

Many thanks

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7 months ago