Has anyone successfully sent funds from Schwab to Revolut recently?
This is how I filled the “send wire” page on Schwab:
Then, I get this error:
I called SCHWAB, they told me that Revolut is not meeting their Regulatory obligations on confirmation of wire reception, so SCHWAB has blocked Revolut in August 2021, until Revolut provides Schwab with proof that Revolut is meeting their obligations.
Anybody else has the same issue? This is very annoying, I can’t send my funds to Revolut.
I did that transaction in Dec 2020, and it worked well. Now in Dec. 2021, it is being blocked.
REVOLUT support first told me the usual blabla, that REVOLUT meets all their regulatory duties, and that the problem must be with SCHWAB… but now they acknwoledge the issue.