Revolut Freezes Accounts of Russian and Belarusian Clients in E.U.
Revolut, a popular online bank among expats in the European Union, has started freezing accounts belonging to Russian and Belarusian citizens to comply with the latest E.U. sanctions against Russia.
- The company began sending emails to Russian clients on October 31, asking for proof of valid E.U. residency.
- Many clients received a second email minutes later, stating that their accounts had been frozen and their banking agreements would be terminated on December 31, 2025.
Meduza sums up what we know about the Revolut freeze, which has left clients scrambling to regain access to their money.
Those who have tried to submit proof of E.U. residency have encountered technical problems, leaving them cut off from their funds for days.
Author's summary: Revolut freezes Russian clients' accounts in E.U. due to sanctions.