2. What kind of account are my personal Revolut Membership?

2. What kind of account are my personal Revolut Membership?

step 1. As to why this article is important

That it file outlines the fresh new fine print for your Revolut private membership (your bank account) and its related characteristics. Additionally sets out other essential things that you need to see.

This type of terms and conditions, in addition to the Charge web page and every other conditions and terms you to definitely connect with the properties, form a legal arrangement (the latest “agreement”, or perhaps the “terms”) between:

  • your, the newest membership holder; and you can
  • you, Revolut Ltd.

We’re an excellent United kingdom team which is authorised to help you question elizabeth-currency because of the Financial Perform Authority (the fresh new monetary regulator in the uk) within the Electronic Money Statutes 2011. All of our company reference count try 900562 and you may our company matter try 08804411.

It is necessary on the best way to understand how your bank account really works. You could request a copy of those terms and conditions through the Revolut software, any time.

If you’d like much more information you might find they useful to understand our very own Faq’s however these Faq’s cannot mode element of our agreement along with you.

The main way we provide our very own features has been the latest Revolut mobile app. Yet not, we provide all of our features various other means too, such owing to web pages, almost every other programs, APIs or any other setting. This type of terms and conditions apply of course and you will however you supply all of our features. This means they connect with all methods supply a specific solution, even if i reference this service membership getting essay writers cheap reached because of an effective particular form on these terms and conditions. Such as, whenever we mention Revolut Credit repayments, i indicate costs using a physical credit, plus an online card or a card added to Fruit Pay or Bing Pay.

E-cash is an electronic replacement for dollars. If you or anybody else gives us profit one to money, we’re going to matter a similar value of age-profit one to currency. We shall shop the elizabeth-money in your membership, and individuals need it as fee. Throughout these conditions, we have fun with ‘money’ to mention in order to e-money.

step 3. Playing with money in to your membership

After you’ve e-money in your account you can play with our very own properties. Particularly, you can certainly do next:

  • post money to and get money off their Revolut profile and you may non-Revolut account;
  • transform funds from you to currency to another (i call so it a beneficial “currency exchange”). This new currencies available you will changes occasionally;
  • generate money and you may withdraw cash making use of your Revolut Cards; and you can
  • glance at facts about and manage your account.

4. Do i need to open an effective Revolut account?

Typically, you really must be 18 or higher to open a good Revolut membership. While you are not as much as 18 and we allow you to has a Revolut membership or any other provider, we shall let you know one special small print one pertain.

When you inquire us to open an account, i otherwise people acting for all of us often ask for factual statements about both you and where the money you will set up your account comes from. I accomplish that for a lot of factors, plus to check on your credit rating and label, also to meet the legal and you can regulatory criteria. All of our Customers Confidentiality Notice (accessible right here) explains a lot more about the way we use your recommendations for those and you may other purposes. When we feel the suggestions we need, we are going to unlock your account.

  • discover multiple Revolut Individual account;
  • play with a great Revolut Personal make up business objectives; otherwise
  • discover yet another Revolut Individual membership in the event the we’ve got in past times signed a Revolut Personal membership on your own name.

If you wish to use a Revolut account for business motives, just be sure to submit an application for a beneficial Revolut Pro account lower than these types of terms and conditions while the Revolut Expert Membership conditions, you can also apply for a corporate account below the Organization terms and conditions. You otherwise usually do not make use of personal Revolut take into account company motives.

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