To close your Revolut account, you must first withdraw all money and liquidate all linked balances, including stocks in any trading account. Only when your balance is zero will the account be fully closed and app access removed.
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
The requirement to liquidate investment positions (such as stocks in a trading account) before account closure could force you to sell at an unfavourable time, potentially resulting in a financial loss you would not have incurred if you could transfer holdings directly.
If you want to close your Revolut account, you must sell any stocks or other investment holdings before closure, which means you cannot close your account at a time of your choosing without potentially realising a loss on those positions.
How other platforms handle this
Use another user's account or share your account with another person;
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"We will ask you to withdraw any remaining positive Account balance you have including liquidating any other balances you have in other Revolut accounts within the app (for example, any balance in a Joint Account or stocks in a trading account). When you have liquidated any other balances you have in other Revolut accounts, and your Account balance is zero, we will close your Account, and you will lose access to the app including other Revolut accounts, services, and any cards you have.Excerpt from Revolut's Terms of Service
REGULATORY LANDSCAPE: This provision engages the FCA's conduct rules for investment services and trading accounts (under the Financial Services and Markets Act 2000 and FCA Conduct of Business sourcebook), as well as the Payment Services …
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The requirement to liquidate investment positions (such as stocks in a trading account) before account closure could force you to sell at an unfavourable time, potentially resulting in a financial loss you would not have incurred if you could transfer holdings directly.
If you want to close your Revolut account, you must sell any stocks or other investment holdings before closure, which means you cannot close your account at a time of your choosing without potentially realising a loss on those positions.
ConductAtlas has identified this type of provision across 265 platforms. See the full comparison.
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