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After your Revolut account is closed, you can only get your remaining money back in US dollars — you cannot withdraw it in any other currency you may have been holding.
This analysis describes what Revolut's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This restriction affects the operational mechanics of account liquidation by limiting the currency options available during the post-closure withdrawal period. The provision creates a procedural requirement that shapes how users must execute final fund transfers from closed accounts.
The updated Terms of Service no longer document the Move Money Rules feature, which previously allowed users to set up automatic fund transfers across account pockets or currency exchanges based on custom conditions. The removal of this documentation means users cannot point to the terms as a reference for how this feature operates, what limits apply, or what fees may be charged. If the feature remains available in the app, its operational parameters are no longer formally described in the binding terms document.
View change record →Customers holding foreign currency balances when their account is closed — including in cases of involuntary closure by Revolut — will have those balances converted to USD, creating potential financial loss from the forced conversion at Revolut's prevailing exchange rate.
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"Once your account is closed you can only withdraw your money in US dollars.Excerpt from Revolut's Terms of Service (Superseded URL)
(1) REGULATORY FRAMEWORK: Forced currency conversion of consumer funds at account closure engages EFTA error resolution requirements and Regulation E provisions on balance retrieval for prepaid accounts (12 CFR 1005.18(d)). State unclaimed property laws (escheatment statutes) may govern how unconverted foreign currency balances are treated after account closure if the customer cannot be located. CFPB's Prepaid Accounts Rule requires clear disclosure of account closure procedures and fund retrieval methods. (2)
Regulatory citations, enforcement risk, and due diligence action items.
Provision-level monitoring, governance timelines, and regulatory mapping built from archived source documents and historical version tracking.
This restriction affects the operational mechanics of account liquidation by limiting the currency options available during the post-closure withdrawal period. The provision creates a procedural requirement that shapes how users must execute final fund transfers from closed accounts.
Customers holding foreign currency balances when their account is closed — including in cases of involuntary closure by Revolut — will have those balances converted to USD, creating potential financial loss from the forced conversion at Revolut's prevailing exchange rate.
ConductAtlas has identified this type of provision across 287 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Revolut.