My application for a Business account got declined because according to the industry policies we’re not eligble to open an account unfortunately. The industry policies mention that Art Dealers & Auction houses are not able to open a Revolut account.
So far so good. I was just wondering what makes our business (we’re an affordable art platform, selling artworks between 100 and 5000 EUR) too risky to decline the application upfront.
I must say Revolut is the only service who is declining us at the moment, because TransferWise, Stripe, Braintree, etc were more then happy to on-board us.