2. What type of membership are my personal Revolut Account?

2. What type of membership are my personal Revolut Account?

1. As to the reasons this post is important

Which file outlines new terms and conditions for the Revolut private membership (your bank account) and its own associated functions. Moreover it outlines almost every other important matters that you ought to discover.

These conditions and terms, as well as the Fees page and any other fine print one apply to the qualities, means a legal contract (the fresh “agreement”, or the “terms”) between:

We are a British team that’s authorised to help you topic elizabeth-money of the Economic Conduct Expert (the newest economic regulator in britain) according to the Electronic Money Statutes 2011. Our company site amount try 900562 and you may our company count try 08804411.

It is important on how best to understand how your account performs. You could potentially require a copy ones fine print through the Revolut application, any moment.

If you need additional info you might find it useful to understand all of our Faq’s however these Faq’s you should never setting element of all of our contract with you.

Part of the means you can expect our very own features has been the newest Revolut mobile app. However, we provide our attributes in other suggests too, including because of internet sites, almost every other applications, APIs or any other function. These types of terminology incorporate of course and you will however you accessibility the features. This means they connect with most of the methods availableness a specific service, regardless if i refer to this service membership getting reached courtesy a great certain form in these terms. Such as, as soon as we explore Revolut Credit payments, i mean payments using an actual physical card, and in addition a virtual cards or a credit placed into Fruit Pay otherwise Bing Spend.

E-money is a digital replacement for cash. For folks who or anyone else provides money in one currency, we’ll matter a comparable value of age-profit that currency. We are going to store this new age-cash in your membership, and individuals will accept it as fee. On these terminology, i fool around with ‘money’ to refer to help you elizabeth-currency.

step 3. Playing with money into your membership

Once you have e-cash in your membership you are able to have fun with all of our attributes. Eg, can be done the next:

  • send currency so you can and receive money off their Revolut membership and you may non-Revolut account;
  • changes money from one currency to some other (we name it good “foreign exchange”). The fresh new currencies readily available you will alter occasionally;
  • make repayments and you can withdraw cash with your Revolut Cards; and you will
  • see factual statements about and you will control your membership.

cuatro. Do i need to unlock a Revolut account?

Usually, you should be 18 or over to open a Revolut membership. When you find yourself under 18 and we also allow you to has a Revolut account or other solution, we are going to show any unique conditions and terms one incorporate.

Once you inquire us to unlock a merchant account, we or somebody acting for all of us will inquire about information regarding both you and where currency might installed your account arises from. I accomplish that for many reasons, and additionally to check your credit score and term, and to satisfy all of our court and you may regulatory standards. All of our Customer Confidentiality Notice (obtainable right here) explains a lot more about the way we make use of recommendations for these and you can almost every other objectives. Once we feel the advice we are in need of, we shall discover your account.

  • unlock several Revolut Personal membership;
  • use a Revolut Personal take into account providers intentions; otherwise
  • open another type of Revolut Individual membership in the event the we’ve got previously signed an effective Revolut Individual account in your name.

Should you want to have fun with an excellent Revolut make up business intentions, you will need to apply for good Revolut Professional membership below these types of terminology additionally the Revolut Pro Account words, or you can sign up for a business account not as much as the Business terms. Your or even try not to use your private Revolut take into account providers intentions.