Keeping funds outside the UK


#1

I live in the UK and have just opened a Revolut account. For tax planning purposes, I would like to credit this account from non-UK funds and do not want those funds to be remitted to the UK. Can my Revolut account be housed in Lithuania or any other EU country other than the UK? How do I move the place where my funds are actually stored? Thanks.


#2

#3

Right now, Revolut is a UK company regulated there and customer’s funds are held in accounts with Barclays or Llods. There is no option to move them within Revolut’s platform.


#4

You can open a French Credit Agricole account in Euros without being resident. Search for CAs Britline based in Caen. You can carry out transactions on the web and also open a “Livret” for savings. France operates a dual taxation treaty with the UK.