Lot of people start to find it impossible to open in UK a regular bank account, apparently the law has been changed at the end of February and now you need to provide some documents such as household bills, local authority bills, or non printed statements… well, Revolut is a brilliant alternative, but obviously at the moment everyone need also a physical bank.
So if Revolut could provide normal statements by post, all those people could open a current bank account, and at the same time could make to revolut as the saviour!
All those people who need to open a bank account first should have a revolut account, and then they will choose any bank. So, for example
10000 peoples has right now this problem, is if Revolut solve this problem… Revolut could have 10000 new customers, but… will be different in the bank market share:
-4000 could goes to barclays
so the real winner is Revolut… having those total amount of new customers.