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Revolut seems to act like a bank but is it regulated as a proper bank? I am suspicious of it because it was touted to me as "made by Russians" but since I'm one
by throwaway290 3y ago
Revolut seems to act like a bank but is it regulated as a proper bank? I am suspicious of it because it was touted to me as "made by Russians" but since I'm one it had the opposite effect.
But anyway I don't think you can sign up for Revolut without a proper bank account and residence in one of eligible countries while Wise can charge even a debit card. Limits and slightly higher fees apply and they require ID verification but it works. I had to do it while unbanked.
- sdfghswe 3y ago> I am suspicious of it because it was touted to me as "made by Russians" but since I'm one it had the opposite effect. You're suspicious but it had the opposite effect? Sounds like you're trying to deliver a talking point and got confused half way thru.
- amenhotep 3y ago"I am suspicious of it because (it was touted [the information was presented as if it was a good thing] to me as made by Russians but since I'm one it had the opposite effect)"
- sdfghswe 3y agoNo, the information was that it was "made by Russians" - quotations normally used to denote literal citation.
- throwaway290 3y agoThe other commenter is correct, founders were a selling point but it had the opposite effect bc I am aware of the whole laundering thing done by my rich compatriots
- sdfghswe 3y agoOk thanks for clarifying.