How much money can I put on Revolut?
How much money can I put on Revolut? Daily limit: $1500 or 3 transactions. 7-day rolling limit: $3500 or 10 transactions. 30-day rolling limit: $5000 or 15 transactions.
How much cash can I deposit?
Banks are required to report when customers deposit more than $10,000 in cash at once. A Currency Transaction Report must be filled out and sent to the IRS and FinCEN. The Bank Secrecy Act of 1970 dictates that banks keep records of deposits over $10,000 to help prevent financial crime.
Is it safe to link bank account to Revolut?
Yes. There are stringent security measures to safeguard your personal data that passes through eGIRO scheme. Your data is encrypted. Only the bank and billing organisation (Revolut) are able to decrypt the data to execute the transactions that you requested.
Is it safe to put a lot of money in Revolut?
Funds in your Revolut Prepaid Card Account are held at or transferred to Metropolitan Commercial Bank, member FDIC. While there, your funds are insured up to $250,000 by the FDIC in the event Metropolitan Commercial Bank fails, if specific deposit insurance requirements are met and your card is registered.