Basic Payment Accounts
Our Basic Accounts
If you're unable to open a regular bank account, you may be eligible for a basic payment account with limited functionalities. The basic payment account is regulated through a European Directive (2014/92/EU) which sets out the eligibility criteria and functionalities.
Easy-to-use features, that are anything but basic
Use it to pay your bills, set up Direct Debits, make card payments, transfers, and withdraw cash at ATMs in the EU. Everything you need is at your fingertips via our app or website. T&Cs apply.
Check if you're eligible
You can only apply for a Basic Account if you don't have another bank account in the Netherlands. You won't be eligible if you've been convicted of fraud, forgery, unfair treatment in bankruptcy/debt restructure, or money laundering in the past 8 years. You will not be able to open a Basic Account if you have intentionally used an account to commit criminal offences, leading to the account closure, within the past 2 years.Basic Accounts are provided in EUR, free of charge. You don't need to purchase other services from us to have a Basic Account.
How to submit an application
Before applying, please make sure you're eligible for a Basic Account and that you meet the criteria listed on this page. Please note that this account will have basic functionality only, and you may be restricted from accessing all current and future features in the Revolut app. This application may require more time than usual as the bank conducts additional checks.