Is revolut for business safe [their safeguard vs traditional Financial Services Compensation Scheme]

tandcapply

Registered User
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19
Hi,

I recently started using revoult business as my business account.
Was with Ulster Bank and still can't get any appointments from the remaining major banks and time was running out for me and my business.
In the URL below, Revolut state "Safeguarding helps protect you." but is it enough in the event of them being sold for example or not strickly them going under (freeze of status, investigation and etc) which to my understanding is covered by te mainstream banks' FSCS
https://www.revolut.com/en-IE/business/help/more/security-and-personal-data/Is-my-money-protected

Any one knows what it means?
 
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