Revolut full UK banking licence, what changes for customers nowas reported by The Guardian (https://www.theguardian.com/business/2026/mar/11/british-fintech-revolut-gets-full-banking-licence), Revolut will receive a full uk banking licence this week. A full UK banking licence positions Revolut to provide regulated deposit-taking and credit services in the United Kingdom over time, subject to launches and controls. For Revolut, PRA oversight now extends beyond approval to ongoing supervision, model and risk reviews, and reporting obligations. UK deposit protection (FSCS) obligations and customer implicationsUK deposit protection (FSCS) obligations sit alongside a full UK banking licence. FAQ about Revolut full UK banking licenceWhat changes immediately for existing Revolut customers now that it has a full UK banking licence?

Source: The Guardian March 12, 2026 04:32 UTC