Revolut Launches as a Bank in the Czech Republic, Now Offers Protected Deposit Accounts
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Revolut has opened its European bank to customers in the Czech Republic. Czech customers who upgrade to Revolut Bank will now have their deposits protected.
Revolut, the global financial platform with more than 16 million customers worldwide, has today operationalised its European specialised banking licence in the Czech Republic.
Customers who upgrade to Revolut Bank for additional services will now have their deposits protected under the deposit guarantee scheme. The upgrade process will only take customers a mere few minutes.
To date, Revolut has attracted more than 300,000 customers in the country, and the fast-growing fintech is confident that deposit accounts, alongside Revolut’s wide range of products and services, will provide customers with more control, value and security than traditional banks.