Revolut US closed my account

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SimpleGuy

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Apr 21, 2022
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Hi everyone,

I had an account with Revolut US, which is in my opinion the best EMI. Multi-currency account, multi-currency debit card for me and all employees, 1.9% cashback (no rewards but real cash). Just perfect.

Unfortunately, I only bought €50 worth of bitcoin via Moonpay for the first time because I bought on a Russian site that doesn't accept cards, and 24 hours after the account was closed. For me I suspect that it is linked to Bitcoin, I didn't know that it was forbidden, I don't know anything about crypto, besides when I did some research Revolut advertises itself as "crypto-friendly".

I'm not even really sure it's Bitcoin because they refuse to give a reason.

Fortunately they allow 2 months to transfer the funds, which I was able to do, but I find that excessive.

In short, avoid it.
 
Good advice. Avoid Revolut if you're buying bitcoin via Moonpay on a Russian website. In‌ fact, avoid every single western bank if you by crypto and involve Russia.

This is‍ entirely on you, I'm afraid. I don't like or agree with Revolut's policies and they⁠ have a tendency to overreact, but they aren't exactly secret. It's like when you go⁤ to someone's house and they ask you to take off your shoes or ask you⁣ to not go upstairs or whatever. You're a guest and follow your host's wishes even⁢ if you don't like them.
 
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