This is the legal agreement between you and Revolut that governs how you can use their app and financial services in the US. It sets out the rules for your account, what fees may apply, when Revolut can freeze or close your account, and what happens if something goes wrong. It's important to read because Revolut can limit or suspend your account for a wide range of reasons, and your ability to sue them individually may be restricted.
Technical Summary
This document constitutes Revolut's Personal Terms of Service for US-based retail customers, governing the provision of financial technology services including digital banking, payments, currency exchange, cryptocurrency trading, savings, and related products. It establishes the contractual framework between Revolut Technologies Inc. and end users, covering account opening eligibility, user obligations, fee structures, liability limitations, account suspension and termination rights, and dispute resolution procedures. Notable provisions include Revolut's broad right to suspend or close accounts with limited notice, limitations on liability for consequential damages, mandatory compliance with AML/KYC requirements, and references to separate product-specific terms that supplement this agreement. The document also addresses data handling obligations and incorporates Revolut's Privacy Policy by reference.
Institutional Analysis
This document engages with US federal financial regulation including FinCEN AML/BSA requirements, OFAC sanctions compliance, and state money transmission licensing frameworks. Compliance teams should…
This document engages with US federal financial regulation including FinCEN AML/BSA requirements, OFAC sanctions compliance, and state money transmission licensing frameworks. Compliance teams should note the broad account suspension provisions, which could raise consumer protection concerns under …
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Regulatory exposure, material risk, and due diligence action items.
Revolut can suspend, restrict, or close your account at any time for a wide range of reasons, including suspected fraud, regulatory requirements, or breach of their terms, often with limited advance notice.
Revolut limits how much they can be held responsible for if something goes wrong, excluding liability for indirect or consequential losses such as lost profits or missed payments.
You are prohibited from using Revolut's services for money laundering, financing terrorism, sanctions evasion, or other illegal purposes, and Revolut will monitor and report suspicious activity.
If you use Revolut's cryptocurrency features, additional product-specific terms apply, and cryptocurrency assets are not covered by traditional banking protections such as FDIC insurance.
You must provide accurate identity information and documents when requested by Revolut, and failure to do so can result in your account being restricted or closed.
Revolut may charge fees for certain services, currency conversions, and premium plan features, and these fees are set out in a separate fee schedule that can change with notice.
Disputes between you and Revolut are governed by specific legal rules, and the terms may require you to resolve disputes through particular channels rather than through standard court proceedings.
Revolut's Privacy Policy is incorporated into these Terms and governs how your personal and financial data is collected, used, and shared — you agree to it by using the service.
Additional terms apply to specific Revolut products such as cryptocurrency, savings, and premium plans, and those supplementary terms are incorporated into your overall agreement.
You must meet minimum age requirements and other eligibility criteria to open and maintain a Revolut account, and providing false eligibility information can result in account closure.