I have been using Revolut for some time now and I am pleased to report that I have been very satisfied with it so far.
It is good to be able to withdraw cash without the fees and the dreaded “non sterling transaction charge” which the banks apply.
I recommended the card to my friend who was very impressed and applied for his Revolut card which he duly received and loaded money onto for a planned trip to Europe.
Then he received a message from Revolut stating that he had hours to withdraw his money back to his bank as his account was being withdrawn with immediate effect.
The reason given was that Revolut’s card issuers were no longer providing this service to where he currently resides.
We both live on the Island of Jersey which is part of the British Isles and has a total area of 45 square miles with me living about two miles from him.
I would like answers to the following please as I find this a most bizarre situation.
- Why was he issued with a card in the first instance?
- Why was his account abruptly closed with very little warning and not mine?
- Will the same thing suddenly happen to me at any time?
I am presently In Thailand for two months and whilst Revolut has worked perfectly for me thus far I have made sure that I have other means of withdrawing cash as I am always wondering if my account will suddenly be withdrawn.