What if my broker runs away?
As a regulated financial institution, 100% of your deposits are safeguarded.Get family finances sussed with Revolut <18, the account for everyone aged 6–17. With their own app and spending card, life's about to get easier. T&Cs apply.It's easy to send money to your or someone else's bank account. You can make a one-off payment or set up a recurring payment. Just enter the sort code and account number (or, for international payments, the IBAN) of the account you're sending money to in the Revolut app and follow the prompts.

What is NRKI : A non-bank register of customer information maintained by financial institutions where they are not banks but provide loans. The NRKI, as this register is abbreviated, contains the same range of information as the BRKI, but in addition, it also contains data on loans granted to legal persons.

Is my money safe if Revolut goes bust

Safeguarding helps protect you. It means if we became insolvent (unable to pay our debts), you'll get your money first. Our customers' claims would be paid out from our dedicated client money bank and asset accounts, before anyone else's claims are paid out.

Can you get money back from Revolut if scammed : If you think you are a victim of fraud by a Merchant, please contact us immediately via the Revolut app. You do not need to contact the Merchant first, and we will have a better chance of being able to help you if you contact us as soon as possible.

In order to open a Revolut account you need to be at least 18 years old. However, if you're between 6 and 17 years old, you can always create a Revolut <18 account with the help of your parent or legal guardian. For more information about the Revolut <18 accounts, check this page.

When a Revolut <18 User turns 18, they can continue to use the Revolut <18 account until the earlier of their 19th birthday or the card expiring. We won't issue any new card to a Revolut <18 User who is over 18.

Can you transfer money to Revolut using an IBAN

Use the provided details (IBAN, BIC code/SWIFT code) and your name to initiate a transfer from your external bank's website or app, or share your account details with the person or business who wants to pay you.Nikolay Storonsky (born 21 July 1984) is a Russian-born British businessman. He is the co-founder and CEO of the financial technology company Revolut.If an e-money institution (like Revolut) fails, the customers' claims will be paid from the safeguarding account. This is because the e-money institution cannot lend the money it has received from one person to another, so it should have enough money in its safeguarding accounts to cover its debts to its customers.

If you paid by card or PayPal

If you've paid for something you haven't received, you might be able to get your money back. Your card provider can ask the seller's bank to refund the money. This is known as the 'chargeback scheme'. If you paid by debit card, you can use chargeback however much you paid.

Can a 14 year old use Revolut : Get family finances sussed with Revolut <18, the account for everyone aged 6–17. With their own app and spending card, life's about to get easier. T&Cs apply.

How to pay with Revolut under 18 : Your parent can set up a Revolut <18 account and order a Revolut <18 spending card for you, all within their Revolut app. Or, you can download the Revolut <18 app yourself (minimum age applies) and ask your parents to approve your account. All they'll need to do to accept your request is create a Revolut account.

Can you withdraw money from Revolut under 18

Your child can withdraw cash with their Revolut <18 card from any cash machine in their home country or overseas that supports Visa or Mastercard, but please look out for fees that some ATM operators may charge. To withdraw cash, they'll need to have their physical Revolut <18 card and PIN code.

This added level of coded security reduces transaction errors, rejected payments, and transfer delays across borders. IBANs can only be used to send or receive funds, and they can't be used for other transactions, such as cash withdrawals.If your linked account does not support instant transfers, it may take your funds anywhere from several hours up to 2 business days to reach your Revolut account if the payment was initiated during the weekend. Once we receive the money from your bank, we'll settle it in the background and you won't have to do a thing.

Is Revolut under investigation : FCA investigating Revolut over transactions from 'suspicious' accounts. The Financial Conduct Authority (FCA) is reportedly looking into whether Revolut should have allowed transactions from suspicious accounts.