Fintech
Wall of Shame
Revolut

Random account closure?

Outcome not established
RS6zReddit

Random account closure? Revolut has given me an account closure notice today and I have no idea why. I frequently use my revolut for the past few years. The main source of income in that revolut account is through my business account. Never had any issues at all. 3 days ago, I purchased 拢30 worth of crypto (LTC) to make a payment, I instantly tried to sent it to a wallet address. That payment got stuck on pending for 2 days then it ultimately reversed. Yesterday, the crypto was available again for me to withdraw after having been reversed. This morning, I used my account as normal to pay 拢3 for parking. 1 hour later, my funds were restricted and account under review. Several hours later, I receive a notification saying my account will be closed in some days and I can withdraw my funds. Is this to do with the crypto? As many people seem to have had account closures after getting involved in crypto in one way or another via revolut.

Timeline
  1. Original account published

    The author says Revolut restricted their funds and then issued a closure notice after a delayed crypto transfer had reversed. They were told they could withdraw the balance, but do not confirm doing so.

    Supporting source