“Revolut started working with clients in Ukraine at the beginning of 2025.”, — write: www.radiosvoboda.org
The bank advised clients living in Ukraine to withdraw money from their accounts within 60 days. When this period expires, the accounts will be closed.
“Although we cannot currently provide our services to residents of Ukraine, we hope that it will be possible in the future. We will notify you if the situation changes,” the bank said in a statement.
Revolut started working with clients in Ukraine at the beginning of 2025. On February 27, 2025, the National Bank of Ukraine publicly opposed Revolut’s operation in Ukraine without the necessary permits. The regulator stated that the company had not obtained any licenses, had not submitted the relevant documents and was not in the process of licensing.
“We support open competition and the development of financial technologies, but we consider it expedient to emphasize that all market participants must act within the limits of legislative and regulatory requirements,” the National Bank said in a statement.
In April, it became known that Revolut suspended the registration of new Ukrainian users.