Revolut Limited

Financial Ombudsman decision DRN-3356626 Partly upheld

Partly upheldoutcome, as published by the Ombudsman

£250redress stated in the decision

Thu May 05deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

Account closed or refused, Funds blocked or frozen

In the Ombudsman’s words

Mr R complains Revolut Ltd (“Revolut”) unfairly blocked his account, returned funds held in it to the originating accounts and then closed it.Account closed or refused

In May 2020, Revolut placed Mr R’s account under review and blocked it at the same time.Funds blocked or frozen

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3356626.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.