What will happen to my funds if Revolut goes bankrupt?
How will Revolut’s bankruptcy affect my funds?
If the account you hold with us is an electronic money account with Revolut Ltd, your money is held in a safeguarded account with a regulated institution or high-quality liquid assets. Your savings are deposited with partner banks and eligible deposits are protected up to £120,000 per institution.
If we ever became insolvent (unable to pay our debts), your money would be prioritised. Our customers’ claims would be paid out first from our dedicated client money bank and asset accounts, ensuring your funds are secured before any other claims are addressed.
Safeguarding your funds is our priority. Learn more by visiting Revolut T&Cs.
What if I have a Bank Account with Revolut Bank UK Ltd
If Revolut Bank were to go insolvent, up to £120,000 of eligible deposits in your bank account will be protected by the Financial Services Compensation Scheme (FSCS). More information on protection with Revolut Bank UK.
Which Revolut entity am I registered to?
The different ways that Revolut safeguards your money depends on the Revolut entity you’re registered to. To find out which Revolut entity you're registered to:
- Tap your profile icon in the top left corner
- Scroll to the bottom of the page
- Find the name of the Revolut branch you’re registered to at the very bottom of the page
How does Revolut protect my funds?
To find out how Revolut keeps your money safe, read this FAQ in our Help Centre.
Read more about how we protect your funds in this blog post.