Very happy to hear that, exciting news for sure! Looking forward to see everything this will unlock
Congrats! Now looking forward to passport the license in other countries (Romania in my case) and start the the new services.
local collection accounts on every supported country! #daydream
Great news everyone.
Well done Revolut - great news.
Sorry about the three congratulatory posts. I’ve just got approval status.
What’s more, polish IBAN local accounts just arrived in the app. Nice
Under EU law we’re allowed access to accounts in the other countries though. So I should be allowed a PLN local account in case I exercise my right to move, no?
That’s also why I suggested it could be a beta
Congratulations to all involved. Great achievement!
Hi! Congrats for that!
I have a doubt: I have to fill a form to let know The Spanish Exchequer the accounts and money in foreign countries. If Revolut has got a banking licence, then, will Revolut send all the customers many information about personal movements, bank balance, etc.? In my country the information provided to Exchequer has to be extremely accurate, otherwise, the fines are enormous and disproportionate.
Thanks a lot!
I certainly can’t use this as my main account until debit cards are offered.
Are you doing any equity funding rounds (incl a crowdfunding portion ) to increase cash reserves? It would be fantastic to own shares in Revolut especially given I missed the round on both Crowdcube and Seedrs a few years ago.
I also have to wait to use Revolut aß Main-Account (for every day using), until a Real debit card is available.
What is the difference if you had a debit card? Would work the same way, no?
No, real debit cards allow offline transactions and that sometimes is crucial when you are travelling.
The main issue with prepaid card is that they are less trusted by vendors (one reason for that is money-laundering) because they are easier to obtain than real debit cards. Therefore, there are companies that refuse payment by prepaid cards.
I haven’t thought about offline transactions. Good point!
There are companies, that don’t accept prepaid cards.
They only accept Credit or debit.
Especially car rental or hotels.
Not an expert in the topic, but if you are referring to the Model 720 you probably have to declare it. Wht I don’t know is if you have to declare that you have it in Revolut or in the partner bank which can be Barclays or Lloyds https://www.revolut.com/help/more/security/is-my-money-safe