tests on money laundry before running a money transer


#1

Hi,
I have currently problems with my german bank to transfer a larger amount of USD (> 20 000)to an american account via swift for something I bought over there. They are checking since weeks, whether this transfer could be money laundry. I will have another large transaction in a few weeks. Does somebody have experience with Revolut for large money transfers, do I have to expect the same issues, if I use my revolut accout for the next tranfer?
There was a post from a french guy some days ago, whose money seemed to have disappeared, with no comments from Revolut staff.


#2

Don’t expect money to disappear. But as an e-money company (not a bank), Revolut’s anti money laundering mechanisms are probably way stricter than the one’s of any German bank.