Financial setup for foreign currency exchange and payment [2025]

[campFIRE]

@PhilMongoose

Do FX transactions via IBKR to get best exchange rates and low fees and then load these onto the revolut card (may need to go via a bank). This can be cheaper than converting with Revolut/Wise directly.

How do you do this without receiving a “currency conversion warning”?

Apparently, many receive this warning when they use IBKR just to convert currency: interactive-brokers-currency-conversion-warning