If you have folding cash is there a way to deposit money to Revolut
Looked everywhere over the Revolut website and can't find a list of agents who will take deposits.
Update
Because Revolut doesn't have an Australian Deposit-Taking Institution (ADI) license, the money you hold in your Revolut account isn't covered by the government guarantee scheme. TransferWise doesn't have an ADI license, either.
TIL. I have been keeping my old Commonwealth Account open so that I can deposit cash in there.
TIL what is TIL after googling TIL
TIL= today I learned. ? Maybe someone else has better answer. But that’s what I know it to mean.
Too many damn abbreviations to keep up. LOL
Maybe just pay the cash into a regular bank account and then transfer?
Trying to minimize the paper trail with the accountant. I think your way is the only way with Revolut. You'd think being backed or owned by ANZ they'd take payments.
Are they backed or owned by ANZ?
Nope.
Given that Revolut claims to have more than 100,000 customers signed up for its financial products in Australia, there would be plenty of banks and credit unions interested in striking a deal.
Potential candidates might include Heritage Bank and Volt Bank.
Revolut already has a service relationship with ANZ.
https://www.bankingday.com/licence-variation-positions-revol…
The Melbourne-based bank manages the trust accounts that hold customers’ funds that have been loaded on to one of Revolut’s electronic money products.
Not owned and not backed by ANZ. They are just another customer.
Because Revolut doesn't have an Australian Deposit-Taking Institution (ADI) license, the money you hold in your Revolut account isn't covered by the government guarantee scheme. TransferWise doesn't have an ADI license, either.
This is not related to what you originally asked and as such please update your original post with hat you really want answered as we are not mind readers.
post it to me, I'll send you money to your account
You literally have no normal bank accounts anymore?