We are rolling out local IBANs in another country. Guess where?
This time it’s Ireland.
We got lots of feedback from our Irish users regarding unfair IBAN discriminations by service providers, though it’s illegal to refuse European account details in Ireland. As we always committed to “Deliver WOW”, we had to solve it.
Bang!! We launched Irish IBAN via our new branch of Revolut Bank UAB which we established in Ireland. We have already started to provide local Irish IBANs to newly onboarding customers.
Remember, your wish is our command!
Wondering, when will you get localized IBAN? Don’t worry, we’ll launch it soon.
That’s nice, I wish you guys could do the same for the Brazilian accounts, not necessarily a IBAN (people who receive money from Adsense would like it) but starting with a regular individual account number would be nice because the current model I can only receive money from myself (from another account in my name) and would be nice if revolut could be an real account to use everyday receiving from another persons account.
Supporting PIX would be desirable, again with an individual account ID instead of everyone receiving on the same address and sending the money by the name/CPF of the sender.
I don’t know how it works for foreign (having a BRL account) but if someone visiting Brazil have a BRL account, they probably would enjoy using PIX (instant and free bank transfer) to pay here if somehow they couldn’t pay with their debit card because in Brazil those are recognize was “pre-paid credit cards” instead of local debit (Only Maestro and Visa Electron are considered debit card here) and have higher fees.
If I’m not wrong, Wise also offers a Visa debit card here, but on their Brazilian cards they seems to have both the stander “Visa Debit” like the rest of the world and a “Visa Electron” function so it would be recognized was as debit in brazil.
P.s.: I would love to create a individual topic with all the specific Brazilian feedback for helping Revolut understand the Brazilian market, but seems my account is too new to be able to create topics
(I didn’t found the option on the mobile interface)
@Eudes Hello! Thank you for sharing your feedback and suggestions regarding Revolut’s services in Brazil. Our team is always looking to expand our services and improve our offerings in different countries, so we appreciate your input.
I would be happy to assist you in posting your topic on the community forum. Simply follow the same process you used to post your feedback, and I will ensure it gets posted.
Please feel free to browse the community forum beforehand to see if a similar topic already exists to save you time.
@Barry10@krymson Hello and welcome to the community. We’re thrilled to have you here.
We apologize for any inconvenience this may have caused.
Please note that if you’re eligible, you’ll receive an email communication from us informing you that your account will be migrated to the branch in about 2-3 months’ time. To speed up the process, you can choose the Opt-In option in the email communication to fast-track your application. Our team may reach out to you in case any further information is needed and will prioritize the allocation of your IE - IBAN.
For more details please visit this FAQ. Hope this helps.
Thanks Veda for following up. Since the rest of my family have all received theirs, I believe I must be eligible. My address is Ireland and my Irish tax information is up to date. I also have email communication turned on, but have never received any emails regarding the new ibans.
@krymson Please re-check if you have received the mail again.
Although it is true that a large number of eligible customers have already been migrated to the Irish branch, the process is not fully completed yet. All remaining eligible users will continue to be migrated in a phased manner starting from 2 months after the date of the legal notice they received via email. So stay tuned.
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