A top option for those who take a trip often. In the UK it might not be able to fully replace your bank.
While at the time of composing it is not running as a bank, it is gradually becoming one, having actually 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 respond to questions like ought to you get a account and how will it benefit you and to do this we’ll be looking at how e rated on our monito rating and what led to us giving them an 8.6 this will help us choose whether we can trust with our money as
Is Revolut Payment To Bank the world’s first global financial superapp?
well as get a clear picture of their services and advantages their fees and currency exchange rate and likewise see how their customers rate established in 2015 is a private company with over 2 000 staff members they’re an award-winning company and in 2020 won the uk tech awards for company of the year as of december 2021 their accounts and cards are available to customers living in the uk us eu and eea countries australia singapore switzerland and japan sadly no canada or new zealand however new zealand is looking likely in the near future if you visit their site they say they have a banking licence which was granted by the european central bank in poland and lithuania this allows them to offer banking services in a variety of european countries including bulgaria croatia romania slovenia as well as france italy and portugal and more however they’re yet to be given a banking license in the uk the us or anywhere else they run however even if they’re not a traditional bank and do not have a banking license
in particular nations doesn’t indicate your money isn’t safe are actually needed to protect your cash with bigger banks 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 certified as a bank in specific european nations we scored an 8.9 for trust and trustworthiness with over 16 million customers already trusting with their cash we believe you can certainly trust them with yours has been extremely innovative when it comes to banking their mobile app unlike conventional banks is unique wonderfully created and truly stands out for its different functions and offerings when you initially sign up you’ll be asked to choose a plan there are four offered standard which is complimentary plus premium and metal these are their costs in the uk but they might differ depending upon where you lie the basic offerings of are readily available across all strategies that includes a current account with its budgeting and automated savings benefits currency exchange
global costs atm withdrawals quick and simple cash transfers including bill splitting so you can easily ask for and send out money in addition to stocks and crypto trading however the different plans will offer you greater benefits within each of these principles for instance the more costly to prepare the more money you can withdraw from an atm without incurring a charge with the standard complimentary strategy depending which comes first you’re either limited to an overall of 200 pounds or 5