Neobank Revolut earns in Ukraine: registration and benefits.

The British neobank Revolut began its operations in Ukraine on February 11. Now Ukrainians will have access to international transfers, European accounts, and currency exchange.

An interesting feature of the launch was the unique integration with the Ukrainian system 'Diia', making Revolut the first foreign bank with such capability.

We are proud to be the first foreign bank to integrate document sharing via 'Diia', representatives of Revolut noted.

To register, users need to verify their identity using a digital copy of their ID card or foreign passport in the 'Diia' system with the help of an electronic signature and a photo verification procedure.

Revolut supports Ukraine by issuing a special payment card in the colors of the Ukrainian flag. For each card issued, European clients will make charitable contributions starting from five euros to help Ukrainian refugees. The total amount of assistance that the bank plans to transfer to the UN Refugee Agency will be up to £200,000.

Revolut has been providing services to Ukrainians since the start of the full-scale invasion. In March 2022, the company opened access to its services for Ukrainians who were forced to leave for EU countries.

To date, over 700,000 Ukrainians have used the bank's services in Europe, and the total amount of transfers to Ukraine has exceeded one billion euros.

Services for Ukrainian users will be provided by the Lithuanian company Revolut Bank UAB under the regulation of the European Central Bank and the Bank of Lithuania, ensuring compliance with European banking standards and safety regulations.

It was previously known that bank deposits of Ukrainians have significantly increased over the year.