Revolut account frozen with £37,000 house deposit ahead of exchange

UKPulse Money Desk

A Revolut account containing a £37,000 house deposit has been suspended, with the account holders due to exchange on their house in 12 days.

• A Revolut account holding a £37,000 house deposit has been frozen.
• The account holders are scheduled to exchange on their house in 12 days.
• The suspended account belongs to one partner, who needs to transfer the deposit to their solicitor.

Why this matters: The frozen account could impact the ability to complete a house purchase.

What this means for you: If you use digital banking services for large transactions, a frozen account could disrupt significant financial plans.