Standing Instruction to Revolut for Local Account Details Service
By requesting Local Account Details and providing your Local Account Details to any third party, you appoint Revolut as your agent and instruct Revolut as follows:
- (Instruction): I instruct Revolut to effect the transfer of any money paid using the Local Account Details, in the currency it is paid in, to the corresponding currency pocket of my Revolut Personal Account held in Australia.
I agree and understand that:
- I appoint Revolut as my agent for the purposes of receiving money via the Local Account Details on my behalf and giving effect to my Instruction.
- Revolut will give effect to your Instruction after money is paid to you using the Local Account Details.
- Revolut may determine any order or priority of payment of any money paid using the Local Account Details.
- While Revolut will endeavour to effect your Instruction, Revolut shall not be liable for any delay or failure to make the payment due to delays arising out of or related to circumstances outside of its reasonable control.
- The Instruction may only be revoked by me by terminating the Local Account Details. I understand that I may terminate the Local Account Details by using the Revolut App. Revolut will continue to act in accordance with the Instruction until the Local Account Details are terminated.
- Revolut may terminate the Instruction as to future transactions at any time by providing notice in writing to me. This notice may be delivered via the chat function in the Revolut app.
Revolut agrees to follow the Instruction in its capacity as your agent, on the terms and conditions set out below. You agree that in using the Local Account Details service and providing your Local Account Details to a third party, that you have read, understood and agreed to the matters set out in this document.
This Standing Instruction document and the Local Account Details service are subject to the Local Account Details Terms and the Personal Terms.
In this Standing Instruction, Local Account Details means any unique non-AUD currency account details provided to you by Revolut as “Local Account Details” under the Local Account Details Terms.