Because with Brexit on 31st January 2020, the transitional period begins on 1st February 2020 and will last at least until 31st December 2020 (*), during which nothing changes!
(*) Although Boris has put it into law that an extension of the transitional period is not possible, it is highly unlikely that a comprehensive deal can be agreed on during such a short time. The UK government has time until 1st July 2020 to change its position and request an extension of the transitional period for one or two years, so either until the end of 2021 or 2022!
As a popular alternative to Revolut we would like to recommend TransferWise for making international transfers easier and more affordable than what a regular bank is offering as well.
Anyone who signs up to TransferWise for a free personal or business account via our following link will get a fee-free transfer of up to 500 GBP / 500 EUR (or the equivalent in your currency, the amount can be different by country):
From time to time the question for paying by credit card without having to use PayPal comes up, and while searching for a suitable solution we have discovered Revolut.
Revolut offers a free virtual bank account with extensive benefits
not known from a regular bank. Revolut is not intended as a substitute
for a normal bank account, but to supplement it.
One of the special features is that you can add funds with an existing credit card to your own Revolut account, which are then available immediately for further use (transfer to a bank account or directly to another Revolut user, payment with the included payment card or free conversion into another currency at the interbank exchange rate). The entire administration takes place via the Revolut mobile app, regular online banking via a web browser on the computer is obsolete.
So if you want to pay a bill by credit card although the invoicing
party only supports payment by bank transfer, you simply first add the
necessary funds by credit card to your own Revolut account using the
mobile app (if it doesn’t already hold funds) and then do the bank
transfer from there (done in no time once the data is stored in your
This is especially beneficial for our customers in countries not using the EUR currency for not having to accept additional fees and a disadvantageous exchange rate!
Revolut is ideally suited to avoid missed payment deadlines (no need
to go to your bank, no uncertainty as to whether a payment has been
made, no delay of several days until the recipient receives a payment),
as well as to pay on vacation abroad at no extra costs in local
currency, to send money to family members, friends or relatives quickly,
or e.g. to split a restaurant bill, and never lose track of it thanks
to the mobile app with integrated budget management.
Anyone who signs up to Revolut via our following link will receive the payment card (Visa, Maestro or Mastercard depending on your country) free of charge and 10 EUR (or the equivalent in your currency, the amount can be different by country) gifted as a bonus:
Simply visit that link on your mobile phone, computer or tablet,
enter your own mobile phone number there and you will receive the link
for the app download via text message. This works on both Android and
iPhone. Then open the Revolut app and follow the instructions.
Registration with Revolut is done via the mobile app in just a few
minutes. All you need is your own mobile phone and your passport (to
take a picture with the app). To order the free payment card, you have
to top-up your Revolut account with the equivalent of at least 10 EUR
(this is for verification purposes only, the amount is then available
for free use). Once done, the card will be shipped to your address not
The free standard account already offers a lot, but who wants to take
even more services from Revolut, can subsequently also switch to a paid
The free Revolut for Business account (which we are using too) comes with different allowances than a personal account, but it is still completely free with up to two free payment cards and offers currency exchange at the interbank exchange rate with a very low markup. It is of advantage to register a personal account for easier verification first.
Revolut is currently supporting legal residents in the European Economic Area (EEA), Switzerland, and Australia. The EEA includes:
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.
In our first blog-entry we are proud to present one of our customers up in the north, who started something that so many of us can only dream about:
An own distillery, set on their family estate in scenic Sandane, Norway.
It all began in autumn 2009, when Synnøve and Jann, both Masters of Chemistry, decided to take over the ancestral farm of Synnøve’s family. Born and bread in rural Norway, it felt completely natural for them to move to Sandane after many years in larger cities like Trondheim and Oslo.
Needless to say, when you look at the pictures of this beautiful landscape and this sweet little farm, who would not want to move there and live in this fairy tale? We have to admit, we really envy Jann and his wife!
They started with the refurbishment of the old house, and began to make plans for future operations and how they should run the farm in the best possible manner based on their background. Previously both fruits and vegetables have been grown on the farm. However, when they took over there was only an old apple orchard of about 450 trees left and the rest of the land was used for grass cultivation.
The choice therefore fell on liquor production since it combines fruit and chemistry in a unique way. The trend in Norway in recent years with more and more locally produced food and drinks also helped to push forward and gave the belief that this was something that could be popular among people.
But it all did not happen fast. 4 years later, in December 2013 they were granted manufacturing authorization for the production of alcoholic beverages in Norway. In the following months the equipment for the still and the processing of the fruits was purchased.
Jann went for our 6″ Dash™ with 6 bubble sections, that come with our popular brass sight glass kits option, and our 150L Pot Belly Boiler made of stainless steel with agitator and direct electrical immersion heating. The modular design of the still allows to produce all kinds of spirits, and the best thing is, the still will be able to grow with growing demand. For a start-up distillery, this gives the most versatility without crashing the budget.
Jann’s decision was carefully made, frankly we did not have much influence in that part, as he was the kind of customer, who exactly knew what he wanted – and we were glad to help!
In fall 2014 our StillDragon® still made its way to Norway and finally in February 2015, the first two products could be sold. Both are based on apples (no surprise, since it’s mainly an apple farm), with one being a strong apple brandy of 40% and the other a liqueur with 21% ABV.
After the launch of the first apple varieties, Jann and Synnøve plan to continue with local variations of Gin, Aquavit, Vodka and so forth. Local spices and fermenting traditions will be put to use in parts of the manufacturing process. The idea is that each of their products should have a specific character from the district and the region they live in. They hope to bring even more exciting flavors and experiences to the local food arena by introducing something completely new and exciting as per today has not existed in the Nordfjord region.
Their vision is primarily to produce niche products based on fruit and berries. With the range of alcoholic beverages called Attåt, which loosely translates to something that goes along with in Norwegian, they are creating different products with specific criteria. Their apple brandy and apple liqueur, for example, are manufactured in small batches with each batch being made from a specific apple cultivar. Two examples of popular apples in Norway are Aroma and Summerred. Therefore, each batch may have a different taste, color and aroma based on the apple cultivar it originated from. The sugar / acid balance in each batch of apples also plays a big role in how the product evolves, and this will vary from batch to batch. Initially, products will not be stored in wooden barrels but only in steel drums. Storage in wooden barrels like oak, makes the taste change and the barrel-taste becomes a significant part of the product. Jann and Synnøve rather wish to focus on the actual fruit or berry flavor with their first products, since that is what they found is most exciting and directly relevant to reflect how they produce the soft drinks that are also sold from the farm. In the future, storage in wooden barrels and other methods to alter the taste will be developed and will surely be both exciting and challenging in their own ways.
But not only the business is growing. To ensure that the family estate will prosper further into the future and that the story continues, they made the new future master distiller of Sandane, Jann and Synnøve are proud young parents now. We are confident that this one will also know exactly what he wants, just like his father…