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3 years ago

✅ Excellent ‘E-Money Institution’ and on the way to a proper bank

TL;DR - Fantastic service and will be continuing to use their services for the foreseeable future. 🤝💼 I am a Revolut Metal user and a Revolut Business user. Both experiences have been incredible. The smooth rates, real time updates and very fast customer service, makes this service a no brainer for entrepreneurs like myself. Most of the accounts that have been locked are due to the fact that people treat Revolut like a traditional bank. Revolut is not a bank (Except in Lithuania) but an E-Money institution which requires them to be a lot stricter with their protocols (Like a SOF Source of Funds check) and AML (Anti-Money Laundering checks)) than your average bank. They have stated this on their terms and conditions, and also on their blogs to be double sure. For me I will continue to use them, as I desire speed and perks that assist my business, especially through these troubling times and Revolut has not failed me. Money can easily move abroad and are very reliable with stability. Thank you 🙏
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