dos. What type of account try my Revolut Membership?

dos. What type of account try my Revolut Membership?

step one. As to the reasons this article is essential

Which document outlines new conditions and terms for your Revolut private membership (your account) and its own related functions. Additionally sets out other essential things that you need to see.

These types of conditions and terms, and the Costs webpage and every other small print one to connect with the functions, form a legal arrangement (new « agreement », or the « terms ») between:

  • you, the fresh new membership manager; and
  • us, Revolut Ltd.

We are a great Uk providers that’s authorised so you can procedure age-money of the Economic Run Power (the brand new economic regulator in the uk) under the Digital Currency Legislation 2011. The firm resource matter try 900562 and you will we number are 08804411.

It is important for you to recognize how your bank account functions. You might ask for a copy of those small print from the Revolut application, any moment.

If you would like more info you may find they helpful to comprehend all of our Faqs however these Faqs dont form section of the agreement along with you.

The main ways we provide all of our functions is through new Revolut cellular software. Yet not, we offer all of our features in other means too, such as for instance using web sites, almost every other applications, APIs and other means. This type of terminology implement if in case and you may however you access all of our services. It indicates they connect with most of the methods availability a particular services, although we consider the service becoming accessed by way of a great certain setting on these words. For example, when we talk about Revolut Cards repayments, we indicate money playing with a physical card, plus an online credit otherwise a card placed into Apple Spend otherwise Yahoo Shell out.

E-cash is an electronic digital replacement for cash. For many who otherwise others gives us profit that currency, we are going to matter an equivalent property value e-cash in that currency. We will store the brand new elizabeth-cash in your membership, and individuals need it percentage. During these terms, i have fun with ‘money’ to refer to help you e-currency.

3. Playing with cash in your account

After you’ve elizabeth-cash in your membership you’ll be able to use all of our services. Particularly, can be done another:

  • publish money in order to and you will receive money off their Revolut membership and you will non-Revolut levels;
  • change funds from one to money to another (i label it a « forex »). The fresh currencies readily available might transform occasionally;
  • generate payments and you can withdraw cash making use of your Revolut Credit; and you will
  • look at details about and you may take control of your account.

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4. Should i unlock an excellent Revolut membership?

Generally speaking, you need to be 18 or higher to open a good Revolut account. Whenever you are under 18 so we let you keeps good Revolut account and other provider, we’ll inform you people special terms and conditions one incorporate.

After you inquire us to unlock an account, we or some one pretending for all of us have a tendency to request factual statements about both you and where in fact the money you are going to put in your account arises from. I do this for many causes, along with to evaluate your credit score and you will name, and also to see all of our courtroom and you can regulatory conditions. All of our Buyers Privacy See (accessible here) shows you more info on how we make use of your pointers for these and you can almost every other intentions. Once we feel the pointers we are in need of, we’ll unlock your account.

  • unlock more than one Revolut Individual membership;
  • explore a beneficial Revolut Private account fully for providers objectives; or
  • unlock a new Revolut Private membership if the there is prior to now closed a great Revolut Individual account on your name.

If you want to fool around with a good Revolut account for organization motives, make an effort to get an effective Revolut Pro account under this type of terminology additionally the Revolut Professional Account terms, you can also make an application for a business membership below the Team terms. You if you don’t you should never make use of private Revolut take into account company motives.