GUURU PAYMENT POLICY

GUURU has chosen Revolut as its payment gateway. Revolut Ltd. is a UK-based financial company focused on global purchasing and money transfers without the exaggerated exchange rates they traditional banks use.
This set up allows a speedy and accurate payment process.

Choose currency

You can choose the currency you wish to be paid in, either EUR or CHF.

 

Note that you can only choose one currency for all your payments: this means that regardless of the currency you are paid in by the community for services as a Guuru, you will receive the amount in the currency you choose in the app.

 

Why is this important? You may be a Guuru for several communities with different payment currencies. However, your payment will be in one currency only: the one you chose in your app account.

Which currency should you choose?

Your bank may charge you for money transfers and currency exchange fees. This depends on your account currency and the currency you are paid in. Depending on the currencies, payments will be conducted via SEPA (if you choose to be paid in EUR) or SWIFT (if you choose to be paid in CHF). To reduce these costs to a minimum, you should contact your bank and learn about their conditions to determine what suits you best.

 

Alternatively, you could set up an account directly with Revolut. In this case, you will receive the money free of transfer charges and at Revolut’s low currency exchange rate. The payment is also immediately available on the day of the transfer.

 

We have put together some information to help you understand the money flow and the costs that may be incurred.

GUURU payment policy