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Is Revolut a bank?

To be a bank, Revolut requires a banking license from each region it operates in. At the moment, Revolut holds a banking license for the EEA (European Economic Area), which was granted by the Bank of Lithuania.

We're working hard to get banking licences for several countries, and we'll let you know as soon as we get them. The Revolut Group holds many licences and authorisations globally, giving us the power to provide you financial services including e-money account holding, virtual currencies, insurance and more.