Be warned - they will block your account. I recently transferred quite a large amount into Revolut so I could use their savings account (by large I mean £10k+). They immediately blocked my account on suspicion of money laundering and demanded evidence of the source of income. Firstly, that is a ridiculous question to ask me - money gets pooled in my account from multiple sources so it's impossible to say where that particular transfer was "from". Secondly, they demanded payslips, bank statement and various other documents. They even demanded a statement that my bank hadn't issued yet! Then they proceeded to interrogate me about regular payments I make to my wife! Trust me when I say I am a "normal" person with normal sources of income. However, I feel like I have been treated like a criminal. And this is not the first time they've done this to me. I will never use them again for any kind of serious money deposits. You have been warned.
4 years ago
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