Review of Revolut (United Kingdom)
Anonymous reviewPosted about Revolut in the United Kingdom 🇬🇧
They will freeze your account for no good reason. Very unreliable. Never keep more than pocket change in this account.
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Can increase limits if you provide evidence of how you could have acquired that much crypto via bank statements and purchase history etc. Best rate you can get - no real need to use any other bank
Closed my account due to making a £10k deposit to Coinbase. Funds were put on hold and then eventually paid to me upon account closure. They also asked lots of excessive questions about source of funds (inheritance) and...
You cannot purchase from Coinbase via Revolut as they use Lloyd's as their banking partner.
Completely fine with small volumes (i.e. under €10k) through Coinbase. Might depend on your country of residence. Larger txs need documents for proof of income or wealth.
No Payments to Crypto.com allowed.
I tried to make payment to Bitcoin Meester in the Netherlands, which was declined. Turns out their payment processor is Lloyds..go figure.