paying in Great British Pounds now / converting given currency fluxuation
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Anonymous
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You probably should be a little wary of Revolut. FDIC protection will presumably be irrelevant if funds are in a pound account not in the US. Just do some research. Note it was criticised for misstatements by its auditors in the UK.
https://amp.theguardian.com/business/2023/feb/20/revolut-can-the-chancellors-fintech-favourite-fix-its-image-problem |
Anonymous
| Remember if you move a large enough amount of money over, then you will have FBAR filing requirements. |