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Revolut

Transfer my stocks when Revolut it's closing my account

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Paracetamol12Reddit

Transfer my stocks when Revolut it's closing my account Hello, After using Revolut since its launch, they decided to close my account for an unknown reason. I tried to appeal the decision, but my appeal was denied, even though I provided all the documents they requested. I accepted this outcome, despite using Revolut daily for multiple purposes, including transfers, bill splitting, recurring payments, stocks, crypto, Revolut Points, a joint account, and a savings account. However, I currently own some stocks that are down in value because I am waiting for their earnings reports. I contacted support to ask whether I could transfer the stocks to another broker, but they told me that because my account is in the process of being closed, my only option is to sell the stocks and transfer the money to another account. This would mean realizing a loss, which I do not want to do. Has anyone experienced the same problem? Is there any way to avoid selling the stocks? This situation is extremely frustrating and feels unfair. Thank you

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