Revolut Bank US, N.A.
Where the charter stands
FDIC deposit insurance application received Mar 5, 2026; pending as of Oct 27, 2026. OCC preliminary conditional approval Sept 2, 2026 (Corporate Decision #1390), excluding the retail foreign exchange business, which needs separate sign-off. Revolut targets a 2027 launch.
Source: FDIC pending deposit insurance applications, as of October 27, 2026.
Capital
OCC requires at least $95M and a 10% tier 1 leverage ratio for three years
Technology and vendors
Fintech parent: Revolut serves U.S. customers through partner banks today.
Common questions
Is Revolut Bank US, N.A. open?
Not yet. As of November 2, 2026, its status is application pending. FDIC deposit insurance application received Mar 5, 2026; pending as of Oct 27, 2026. OCC preliminary conditional approval Sept 2, 2026 (Corporate Decision #1390), excluding the retail foreign exchange business, which needs separate sign-off. Revolut targets a 2027 launch.
How much capital does Revolut Bank US, N.A. have?
OCC requires at least $95M and a 10% tier 1 leverage ratio for three years
A new bank picks its loan and account intake once. RAVEN verifies income, assets and identity from the source, so day-one applications arrive complete.