Revolut give you a personal Euro International Bank Account Number (IBAN) in Lithuania along with its Bank Identifier Code (BIC).
If you try to make a transfer to this account the following may happen.
Setting up the transfer on line on your bank pages to that account fails.
This is because:
- Your bank might only allow setups via the internet to its own country. This is correct for Credit Agricole in France who only allow you, on line, to create transfers to France and French overseas possession codes. If this happens contact your bank who might give you an authorisation form to fill in.
- Then the Revolut IBAN account number is checked against the BIC and might fail. This is because the IBAN is Lithuanian and the BIC British. Revolut know about this and are trying to fix it.
- Some people have had success with adding three Xs to the end of the BIC (REVOGB21XXX) for the pairing to work. Theres been a lot of discussion about this pairing which seems to work or not depending the checking software your bank uses to verify the IBAN.
When you can get a transfer set up remember to send small amounts to check its working before using it for large amounts.