1 week ago

Revolut Files for U.S. National Bank Charter With OCC

TLDR Revolut filed an application for a U.S. national bank charter with the Office of the Comptroller of the Currency. The license would allow Revolut to access Federal Reserve payment systems like Fedwire and ACH. The charter would enable Revolut to offer federally insured deposits, credit cards, and personal loans directly. Revolut currently provides U.S. [...]

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