Get family finances sussed with Revolut <18, the account for everyone aged 6–17. With their own app and spending card, life's about to get easier. T&Cs apply.As a regulated financial institution, 100% of your deposits are safeguarded.It's easy to send money to your or someone else's bank account. You can make a one-off payment or set up a recurring payment. Just enter the sort code and account number (or, for international payments, the IBAN) of the account you're sending money to in the Revolut app and follow the prompts.
How long does it take to receive payments from Revolut : If your external bank account supports instant transfers, your money should arrive instantly after completing the authorisation on your external bank account, however, it might take several minutes to reach your account.
Can a 14 year old use Revolut
Get family finances sussed with Revolut <18, the account for everyone aged 6–17. With their own app and spending card, life's about to get easier. T&Cs apply.
Can I use Revolut if I am 17 : In order to open a Revolut account you need to be at least 18 years old. However, if you're between 6 and 17 years old, you can always create a Revolut <18 account with the help of your parent or legal guardian. For more information about the Revolut <18 accounts, check this page.
Safeguarding helps protect you. It means if we became insolvent (unable to pay our debts), you'll get your money first. Our customers' claims would be paid out from our dedicated client money bank and asset accounts, before anyone else's claims are paid out.
If you think you are a victim of fraud by a Merchant, please contact us immediately via the Revolut app. You do not need to contact the Merchant first, and we will have a better chance of being able to help you if you contact us as soon as possible.
Can you reverse Revolut payment
Cancelling the Transfer
If eligible, a 'cancel' button will appear on the transfer tracker. However, once funds are picked up by the beneficiary or intermediary banks, cancellation isn't possible, and the transfer will be marked 'completed' in the app.If the recipient bank supports Faster Payments it can take up to 2 hours. CHAPS (the Clearing House Automated Payment System) can take up to 1 day. If the bank only supports BACS (the Bankers' Automated Clearing System), it can take up to 3 business days.When you make a transfer, it may take some extra time to be sent to your recipient. This is known as a pending transfer, and it may occur for several reasons: No processing on weekends or bank holidays. Additional processing checks.
You, whether you are a Lead Parent or Co-Parent, can turn these features on and off from the Revolut app. The Revolut <18 card may also be eligible for Apple or Google pay (subject to Apple Pay or Google Pay's terms and eligibility requirements).
How do I add under 18 to Revolut : Your teen wants to join Revolut!
- Sign up to Revolut. You can download the Revolut app and create a free Standard account for yourself.
- Approve their account. Once you've verified your identity and your Revolut account is activated, you can approve their <18 account in-app.
- Get that <18 card ready!
Is Revolut Russian owned : Nikolay Storonsky (born 21 July 1984) is a Russian-born British businessman. He is the co-founder and CEO of the financial technology company Revolut.
What happens if I get scammed on Revolut
Contact the financial institution involved. If that's Revolut, follow the link above or contact us as soon as possible via the in-app chat support so that we can help secure your account 3.
If you paid by card or PayPal
If you've paid for something you haven't received, you might be able to get your money back. Your card provider can ask the seller's bank to refund the money. This is known as the 'chargeback scheme'. If you paid by debit card, you can use chargeback however much you paid.We can only cancel a transfer if our payment partner hasn't received our payment instruction already, so unfortunately there's no guarantee that we'll be able to cancel it for you.
Can you reverse a payment made : Payment reversal (also "credit card reversal or "reversal payment") is when the funds a cardholder used in a transaction are returned to the cardholder's bank. This can be initiated by the cardholder, merchant, issuing bank, acquiring bank, or card association.