Misechko & Partners helped the client to unlock funds in the amount of 200 000 euros in the Revolut payment system

Revolut is a British fintech project that provides online banking services with favorable conditions for international operations. Revolut, like all financial institutions, is obliged to conduct customer due diligence checks (CDD) on new and existing customers. These checks may involve verification of the source of the funds credited on the user’s account, as well as the source of their income. 

During one of these checks, an incoming transaction of the client in the amount of 200 thousand euros was blocked, and independent attempts to gain access to the funds were unsuccessful.The specialists of the law firm prepared and submitted all the necessary documents to substantiate the legality of this transaction and the funds were unlocked on the same day. This case confirms the need for justification of any large transactions in international financial institutions.