Ever since Revolut has become a bank, all I had is problems.
Every crypto transaction (to ny Trust Wallet) was under review
The last one even got rejected, so I opened Kraken and managed to withdraw the funds there right before final review :/
Having looked into it, I think this MIGHT be because of how I used the account. My main bank is Starling, I have my own business and current account.
Once/twice a month I would transfer funds from Starling to Revolut to buy and withdraw crypto the same day.
Google said it's because of that pattern and no other use. It makes the account look like a money laundering mule.
BS - laundering £200 a month.
Anyway, Google advises me to set up Monzo, use it as personal bank, not only for crypto and withdraw to Kraken as faster bank payment rather than debit card payment.
Would that work?
What do you use for crypto payments?
My only worry with Monzo is, they will question my deposit from self employment account. Unlike Starling they won't be able to see source of funds if that makes sense. I would rather not change my business bank account from Starling to avoid the hassle.
Any idea would be appreciated, I'm really upset right now