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Marleys

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  1. I think you can be calm, it's insured under EDIS. Just a couple of days they've transferred me from e-money institution, to Revolut Bank. Also they are FDIC insured in USA (up to 250,000$). So I guess it depends which country you are registered at the moment. But I doubt there will be problem with Revolut. The only problems people have is when they try to use it for business purposes. This is why you have to open a different Revolut business account.
  2. Open up a Revolut account for yourself. According to this, transfers up to 6,500$/month are no-fee and at the interbank exchange rate. So they do not charge any extra, like most of the others banks or transfer services. Personally I've used Revolut while I was living in Spain, UK and worked great in Australia.
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