Revolut Freezes Accounts of Russian and Belarusian Citizens in the EU
Revolut, a popular online bank among expats in the European Union, has started freezing accounts belonging to Russian and Belarusian citizens in an effort to comply with the latest EU sanctions against Russia.
The company began sending emails to Russian clients on October 31, asking for proof of valid EU residency. However, many users received a second message shortly after, stating that their accounts had been frozen and their banking agreements with Revolut would be terminated on December 31, 2025.
- Revolut's measure is aimed at complying with the latest EU sanctions against Russia, adopted on October 23.
- Russian clients are struggling to regain access to their money, with technical problems encountered when submitting proof of EU residency.
Meduza sums up what we know about the Revolut freeze, which has left clients cut off from their funds for days.
Author's summary: Revolut freezes Russian and Belarusian accounts in the EU.
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