Looks legit, but sounds like a typical scam.
” We need you to provide your tax details by 2023-06-23 so you can continue to have access to all of Revolut’s amazing features. It won’t take long — just go to your app and tap the ‘Provide your tax details’ tile.”
” According to CRS [(Common Reporting Standard)](https://click.revolut.com/f/a/vOZBnKQfJ96lOBVdk8xjCw~~/AAD4-wA~/RgRmASzCP0RGaHR0cHM6Ly93d3cub2VjZC5vcmcvdGF4L2F1dG9tYXRpYy1leGNoYW5nZS9jb21tb24tcmVwb3J0aW5nLXN0YW5kYXJkL1cDc3BjQgpkCsKnHmQD5u6BUh1waGlsaXBwYXRyaWNrb2J5cm5lQGdtYWlsLmNvbVgEAAAAAA~~), Revolut is required to report information directly to tax authorities concerning financial accounts held by our customers. ”
Smells phishy, doesn’t it?
11 comments
Given that they are saying to use their app I would say no, it doesn’t smell phishy at all. They think you have suspicious financial transactions
Nope, I got asked for the deets within it the app itself.
It’s not fishy. It’s literally what they have to do under AEOI.
https://www.revenue.ie/en/companies-and-charities/international-tax/aeoi/what-is-the-common-reporting-standard.aspx
So what’s the scam?
Breaking news: Financial institution requires customer details
It’s totally par for the course for anti-money laundering regulations. AIB/PTSB etc will all also require your PPSN number and photo id to open an account, and for you to provide details of the source of your funds (generally a checkbox saying employment). It’s unlikely to be much more invasive than that. They are just crossing their t’s and dotting their i’s. I think I had to do it 2 or 3 months back
Yes and any input of details is done within the app (secure). Thus, not scam. It’s normal.
It’s fine once you use the app. It’s most likely as they will be moving the accounts from Lithuania to Ireland.
It’s normal, and there’s no risk if you’re doing it through the official app directly and not by following a link in a text or email. Revolut have to report [certain account details](https://www.revenue.ie/en/companies-and-charities/international-tax/aeoi/what-information-is-reported-to-revenue-under-fatca-and-crs.aspx) to Revenue.
…so they ask you to use the official Revolut app, and they link you directly to the legislation that proves you have to give them the information…
>Smells phishy, doesn’t it?
This is probably the least phishy email ever sent.
tell em fookin nuttin.
Definitely a scam. If it was real they’d get to click on the moneyplease.revolut.website.scam link.