2. What kind of membership are my Revolut Membership?
step 1. As to why this post is very important
It file outlines the fresh terms and conditions for your Revolut individual account (your bank account) and its relevant features. It also sets out other important things that you should know.
Such terms and conditions, along with the Charges webpage and just about every other fine print you to definitely apply to our very own services, setting an appropriate arrangement (the newest „agreement“, or the „terms“) between:
- your, the latest account proprietor; and you will
- all of us, Revolut Ltd.
Our company is a beneficial Uk organization that’s authorised to help you topic age-currency by the Monetary Make Authority (the brand new economic regulator in the united kingdom) beneath the Electronic Currency Regulations 2011. Our very own organization resource number was 900562 and you may our company amount is actually 08804411.
It is important on exactly how to recognize how your bank account functions. You could require a copy of these conditions and terms through the Revolut app, at any time.
If you prefer more details you might find they useful to understand our very own Faq’s but these Faqs don’t form section of our very own contract to you.
An element of the ways you can expect the services is through the latest Revolut mobile app. However, we offer our very own functions in other means as well, like as a result of web pages, almost every other software, APIs and other mode. This type of terms incorporate of course, if and you may however availability all of our features. It indicates they connect with all of the methods availableness a certain solution, in the event i relate to this service membership are utilized due to a beneficial certain setting during these conditions. Such as, as soon as we explore Revolut Credit money, we mean money playing with an actual physical credit, also an online card or a credit put in Fruit Shell out otherwise Google Pay.
E-money is an electronic digital replacement for dollars. For people who or others gives us cash in that money, we’ll procedure an equivalent property value e-profit that currency. We’re going to shop brand new elizabeth-money into your account, and other people encourage it as percentage. On these terminology, we have fun with ‘money’ to mention in order to e-money.
3. Playing with money in your account
Once you have age-money in to your membership you’ll play with our properties. Including, you can certainly do the second:
- send currency to and you can get paid from other Revolut membership and you can non-Revolut accounts;
- alter money from you to currency to another (we telephone call that it good „foreign exchange“). The new currencies readily available you will change periodically;
- create costs and withdraw bucks utilizing your Revolut Credit; and you will
- consider facts about and control your account.
4. Do i need to discover good Revolut membership?
Generally, you truly must be 18 or over to start good Revolut membership. If you find yourself significantly less than 18 and now we enable you to features a good Revolut account or other solution, we’ll inform you people special fine print one to use.
When you query me to unlock a merchant account, i otherwise anyone acting for all of us commonly inquire about factual statements about both you and where in fact the currency you are going to set up your account comes from. I accomplish that for a lot of reasons, as well as to test your credit score and you may name, and fulfill the judge and regulatory criteria. Our Customer Privacy Observe (accessible right here) teaches you about how we make use of information for these and you will most other aim. When we feel the suggestions we truly need, we are going to discover your account.
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- unlock one or more Revolut Private membership;
- have fun with an effective Revolut Personal take into account business purposes; or
- discover a different Revolut Personal membership when the we now have in past times closed an excellent Revolut Private membership on your name.
If you want to use an excellent Revolut be the cause of business aim, just be sure to apply for an excellent Revolut Professional membership lower than this type of conditions while the Revolut Expert Account terms and conditions, you can also sign up for a corporate account lower than our Team terminology. You or even you should never make use of your personal Revolut account for team purposes.