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Personal · Accounts · What does the UK Bank Licence mean for my account?

What do I need to do to move my account to a bank account?

You don’t need to do anything for your account to be moved

All eligible customers will have their account moved automatically to Revolut Bank UK Ltd (“Revolut Bank”). As a result of this move, your existing e-money personal account will become a personal current account, or simply — a bank account.

If you don't want your account to be moved, you can opt out at any time by closing your account. We’ll be sorry to see you go, but you can find out how to close your account in this FAQ.

If you would like more information about closing your account, get in touch via our 24/7 in-app chat.