A leading choice for those who travel often. In the UK it may not be able to totally change your bank.
While at the time of writing it is not operating as a bank, it is gradually becoming one, having gotten an opposition bank license from the European Central Bank in December 2018. In early 2021 it also applied for a UK banking license and a bank charter in the United States.
today we’re going to be examining with the goal to help you address concerns like must you get a account and how will it benefit you and to do this we’ll be taking a look at how e ranked on our monito score and what resulted in us giving them an 8.6 this will help us choose whether we can rely on with our cash as
Is Revolut Sendmoney To Bank Account the world’s first global financial superapp?
well as get a clear picture of their services and advantages their costs and currency exchange rate and likewise see how their consumers rate established in 2015 is a personal company with over 2 000 staff members they’re an award-winning business and in 2020 won the uk tech awards for business of the year as of december 2021 their accounts and cards are offered to clients residing in the uk us eu and eea countries australia singapore switzerland and japan unfortunately no canada or new zealand nevertheless new zealand is looking likely in the near future if you visit their site they state they have a banking licence which was approved by the european central bank in poland and lithuania this allows them to provide banking services in a variety of european countries including bulgaria croatia romania slovenia in addition to france italy and portugal and more however they’re yet to be granted a banking license in the uk the us or anywhere else they run but just because they’re not a standard bank and don’t have a banking license
in certain countries does not mean your money isn’t safe are actually required to secure your cash with bigger financial institutions with a bank like lloyd’s or barclays so if were to fail your money would be safe and because of this and the fact they’re fully controlled by the fca in the uk and accredited as a bank in certain european countries we scored an 8.9 for trust and trustworthiness with over 16 million customers currently relying on with their cash we think you can absolutely trust them with yours has actually been extremely innovative when it comes to banking their mobile app unlike traditional banks is special perfectly designed and actually sticks out for its numerous functions and offerings when you at first sign up you’ll be asked to pick a strategy there are 4 available requirement which is free plus premium and metal these are their rates in the uk however they might vary depending upon where you’re located the basic offerings of are available across all plans which includes a bank account with its budgeting and automatic savings advantages currency exchange
worldwide spending atm withdrawals fast and simple money transfers including costs splitting so you can easily ask for and send out cash along with stocks and crypto trading nevertheless the different strategies will provide you higher benefits within each of these fundamentals for example the more expensive to plan the more money you can withdraw from an atm without incurring a fee with the standard totally free strategy depending which precedes you’re either restricted to an overall of 200 pounds or 5