What happens to balances over €100,000 during migration?
How are my deposits protected after the migration?
When you migrate to Revolut Bank S.A., your eligible deposits will be protected by the French Deposit Guarantee Fund (FGDR) up to €100,000 per depositor, replacing coverage by the Lithuanian deposit insurance system (IID).
Eligible deposits include funds held in your primary main account and flexible/instant savings accounts. Investment products, crypto assets, and commodities are not deposits and are covered under separate regulatory frameworks.
Can I keep more than €100,000 in my Revolut account?
You can hold balances exceeding €100,000 across your Revolut accounts. The €100,000 threshold is the statutory limit of deposit guarantee protection per depositor, not a restriction on how much you can hold.
For complete terms and coverage details, see our Deposit Insurance Information.
How do I exercise my right to transfer funds over €100,000?
Under the Lithuanian Law on Insurance of Deposits and Liabilities to Investors, you have a statutory right within 3 months upon receipt of this migration notice to transfer or withdraw any eligible deposits exceeding €100,000 to another credit institution without penalty or charge.
In practice, standard EUR SEPA bank transfers within the EEA are always free of charge at Revolut, meaning you can move your funds at any time before, during, or after the 3-month period without fee deductions.
Will I be charged fees or lose accrued interest?
No fees apply to regular outbound SEPA transfers, and you can freely transfer any part of your balance to an external EEA bank account.
Interest on savings products accrues daily and is paid out according to product terms, ensuring no earned interest is lost if you choose to withdraw funds.