Revolut Proof of Funds?

[inector]

I want to withdraw my director fees from us llc to eu.

It's super small, 3 figures per week.

Does revolut ask proof of funds?

 

[Sols]

Yes, they do.

 

[tetrarium]

What exactly is proof of funds?

 

[Alexmorgan]

I want to withdraw my director fees from us llc to eu.

It's super small, 3 figures per week.

Does revolut ask proof of funds?

Revolut will close your account at anytime

If they ask you for proof of fund you can say your account goodbye for few months and good luck getting it back


Wise is disaster but better than revolut when they close your account for months they will send it back to you at the end

What exactly is proof of funds?

The history of the money

How you got it and what reason

 

[fshore]

they never asked me

 

[thomasparra]

What is the benefits of Wise/Revolut Business versus other EMIs such as Airwallex, Paysera etc? Wise also seems more expensive than a few reputable EMIs/

 

[Paul Tudor Jones]

What exactly is proof of funds?

Invoice / Agreement should suffice. Nobody will close your account for 3 figure weekly payment.

Banks are very simple creatures, all they want is a way for them to COVER THEIR a*s and for them to be able to understand/explain what you are doing. Provide them what they want and you can transact freely.

 

[Revoltec]

Revolut will close your account at anytime

If they ask you for proof of fund you can say your account goodbye for few months and good luck getting it back


Wise is disaster but better than revolut when they close your account for months they will send it back to you at the end


The history of the money

How you got it and what reason

Not true. They asked me for proof of funds. Accepted it. They did not deactivate account ever.