Sorry what? Perhaps this is jurisdiction specific but I’m not sure what you’re referring to. In Australia they’ve recently got their full banking license. I use it for personal and small business banking. Lots of useful features. Can you elaborate please?
All Revolut users I’m personally aware of use it to hide their illegal/untaxed income from government authorities.
What makes this bank preferable for illegality? Asking for a friend.
They do not report to local welfare authorities or the tax man, unless specifically requested.
Do they say that somewhere?