Hi, is the direct debit feature working fine? I can’t find a definite answer, the blog page is down and can’t see anything in the app. I live in the UK and have an EUR account in revolut as well. I need to set up a direct debit in Euros for some committments I have abroad in Europe. Can I use my EUR account for this? Is revolut reliable? I can’t afford to have DD bouncing back due to technical issues. Thank you for your feedback.
Hopefully @JessicaZ haven’t logged off yet. Seems like an important clarification this close to the new month.
I used SEPA Direct Debit with the EUR Account. Worked without a problem.
(I tried it with PayPal.)
Are you based outside of the Eurozone?
No. But it does not matter.
Do you have an SEPA account in EUR with a GB-IBAN?
The IBAN determines whether you can use SEPA Direct Debit or not.
Check this out (and enter your IBAN – and have a look at the “SEPA Direct Debit is supported” part):
(Note: Never mind the “This IBAN is incorrect. The IBAN contains an incorrect checksum.” part. It is nothing to worry about.)
Well, that was the original question though
What are your concerns in special?
(Or did I already answer your question?)
If you do have a SEPA account, you can use SEPA direct debit. It is working now.
Your country of origin does not matter in that case; it is merely a matter of a correct IBAN in the SEPA zone – and if the other party offers SEPA Direct Debit for payments.
Thanks @franskeijer and @alessandro. I have a IBAN EUR account in Revolut starting with GB96… I have followed the link provided by @franskeijer and “SEPA Direct Debit” is supported. Would you feel that at this point I can, with confidence, provides such IBAN to companies based in Europe to pay for utility bills? Thank you guys for your input, and it’s such a shame that official @Revolut leaves us in the dark, having to look for feedback from “guinea pig”, or playing the guess game
Hi there. Euro Direct Debits are down for now, but we hope to bring it back really soon!
Good to know…
So, @gif, it seems that they are not yet “up and running” as expected.
Direct debits are now available again
Do they also work for GBP accounts or is this an EUR feature only so far?
At the moment it’s only EUR Direct Debits
Thanks for the quick reply.
Any estimate on how long before GBP direct debits will be a thing?
Hi @Revolut, is there any link with instructions to follow in order to set a direct debit up? The blog page seems still down…
Direct debits are set up with the merchant! Provide the IBAN for the local EUR account and agree to the T&C at a merchant’s website, for example.