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To be considered a bank, Revolut requires a banking licence in each region it operates in.

At the moment, Revolut holds a banking licence for the European Economic Area (EEA) and is under the supervision of the European Central Bank (ECB) and 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, stock trading, virtual currencies, insurance and more.