Revolut receives conditional OCC approval for proposed U.S. bank

# Revolut receives conditional OCC approval for proposed U.S. bank

> Evidence tier: B1
> Evidence type: Independent payments-trade report corroborated by Revolut's primary announcement and the OCC register
> Source: [PYMNTS](https://www.pymnts.com/news/banking/2026/revolut-gets-conditional-occ-ok-for-us-banking-charter)
> Published: 2026-09-03
> Captured: 2026-09-04T01:42:06.681Z

## Source summary

PYMNTS reports that Revolut received conditional OCC approval to form Revolut Bank US, N.A. Revolut's primary announcement and the OCC register confirm the milestone. The proposed bank still requires FDIC, Federal Reserve and final OCC approvals; Revolut says it is targeting a 2027 launch and would offer loans, cards, FDIC-insured deposits, stablecoins and crypto access only after all required approvals.

## Why it matters

A U.S. bank charter could let Revolut own more of the regulated account, credit and settlement stack in a major market instead of relying entirely on partners. Nothing changes for U.S. customers yet, and the launch date remains a company target. The sources disclose no final approval, product terms, deposit pricing, eligible customers, adoption, payment volume or cross-border settlement result.

## Key numbers

- **Planned launch stated by Revolut:** 2027, subject to remaining approvals
- **Global customers claimed by Revolut:** More than 80 million

## Topics and entities

- Industry lane: Cross-border market
- Entities: Revolut
- Company intelligence
- Cross-border payments
- Web3 payments
- Payment infrastructure

## Evidence and credibility note

Independent PYMNTS report corroborated by Revolut and the OCC. Conditional approval and the remaining approval path are confirmed; a 2027 launch is a company target and no bank product is live under the proposed charter.

Date evidence: PYMNTS metadata and Revolut's primary announcement dated September 3, 2026; OCC Corporate Decision 1390 dated September 2, 2026

## First-party corroboration

- [https://www.revolut.com/en-SG/news/revolut_receives_conditional_approval_from_u_s_office_of_the_comptroller_of_the_currency_to_form_a_national_bank/](/en/items/https://www.revolut.com/en-SG/news/revolut_receives_conditional_approval_from_u_s_office_of_the_comptroller_of_the_currency_to_form_a_national_bank/)
- [https://www.occ.treas.gov/topics/charters-and-licensing/interpretations-and-decisions/index-interpretations-and-decisions.html](/en/items/https://www.occ.treas.gov/topics/charters-and-licensing/interpretations-and-decisions/index-interpretations-and-decisions.html)

## Original-source traceback

[Open the original PYMNTS report](https://www.pymnts.com/news/banking/2026/revolut-gets-conditional-occ-ok-for-us-banking-charter)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.