So as we are all aware right now Revolut has a huge issue processing incoming SEPA transfers in Europe to their BIC REVOGB21. I just discovered something interesting. I checked my Revolut IBAN in a IBAN Calculator to see what BIC comes out. The BIC is indeed correct but what’s more interesting, is the fact that the calculator says that “SEPA DIRECT DEBIT” is supported, which wasn’t the case a few weeks ago.
I feel that Revolut is about to getting their Banking license issued, and maybe the European or Lithuanian Central Bank made changes to the existing BIC, hence creating a clutch in the BIC database.
@AndreasK can you please give us a final answer on this issue? Isn’t Revolut interested that customers can transfer money to their accounts to use your services?
If this isn’t fixed within the next few days most of us simply cannot use Revolut as their account to receive their salary anymore.