Unfortunately, your report on Revolut was filed on Tuesday before it could accommodate our on-file statement, which we sent out on Monday at 9:00 p.m. in response to detailed inquiries received earlier in the afternoon.
Had our statement been included in your report, it would have conveyed to your readers Revolut’s total commitment to its growing business in Ireland; that the Central Bank of Ireland (with whom we have a very positive relationship) approved our e-money license application in 2021; and the truth about our customer and employee numbers in Ireland.
We are proud to say that we now have over two million customers in Ireland (not 1.5 million as reported) and over 130 colleagues in Ireland, which is more than ever before (and more than double the number in your article).
For the record, our statement read: “As was widely reported at the time, in February 2022 Revolut decided to serve its Irish customers with our new full European banking license rather than the Irish e-money license which had just been approved by the Central Bank from Ireland.
“This enabled us to offer customers in Ireland new credit products, including personal loans, as well as a bank account protected by a deposit guarantee scheme.
“This decision has been fully validated by the launch of Revolut’s innovative and responsible lending products, including Revolut Personal Loans and Revolut Pay Later, and by the welcome of deposit insurance.
“As a result, Revolut has over two million customers in Ireland who now enjoy a bank account with no monthly or quarterly fees, backed by a deposit guarantee scheme and all the other brilliant features that have made Revolut so popular with Irish people. ”
In deciding to offer services through our full European banking license rather than an Irish e-money license, Revolut put the needs of our customers in Ireland first. We will continue to do so as we grow our business here.
Let Girls in Green in Scotland learn from mistakes
My heart beats for the Girls in Green. I was upset when I heard about the IRA chant, mainly for screwing up such a wonderful moment in her life, but now it’s important to learn from her mistake and enjoy her achievement.
Brian McDevitt, Glenties, Co Donegal
The team should change their tune for future celebrations
Congratulations to our women’s soccer team on winning. Regarding the song after the game, maybe they were like, “Ooh, ah, up the Mná.” That’s the way it should be.
Paddy Murray, Castlepollard, Co Westmeath
Haters stay true to their form in response to players’ chants
Let me congratulate our heroines for going where no Irish woman has gone before. Togha Cailini. I loathe modern Irish republicanism but they took pride in too damn good music and if that’s what comes to mind about our girls, so be it.
However, “offending” is a two-way street, and the most despicable are those who have never achieved anything themselves, but take offense at the first opportunity. Begrudgery, your middle name is Ireland below average.
Also reconsider any chance to get rid of Osborn Bergin’s movement, the repulsive Amhrán na bhFiann as our anthem and go for folk song Amhrán Dóchais instead of this? We need hope!
Cal Hyland, Rosscarbery, County Cork
Useless Truss and Kwarteng are far from overwhelmed
When the rules across the water grant a tiny minority of party members the most leverage in choosing their leader, something is wrong. Given the collapse of this tiny cohort, is it any wonder they got an incompetent flip-flop as Premier and a sucker in No. 11?
Left to the Tory MPs, neither Truss nor Kwarteng would sit in the front benches.
David Ryan, Co Meath
After the final about-face, maybe Liz should just give it up
Ian O’Doherty’s article (‘If you’re in a hole, stop digging, but the Tories are determined to be buried’) Irish IndependentOctober 12) is to be commended for his assessment of Liz Truss.
It reminds me of an old joke that goes, “If you don’t succeed at first, give up.”
Leo Gormley, Dundalk, Co Louth
https://www.independent.ie/opinion/letters/revolut-continuing-to-put-the-needs-of-irish-customers-first-42065357.html Revolut continues to put the needs of Irish customers first