Not using BIC


#1

Hey there,

I’m new to Revolut, got my card yesterday. What if I going to transfer money from european bank to my Revolut account without BIC (REVOGB21) just using my Revolut IBAN?


#2

For SEPA EUR transfers, only the IBAN is necessary. (The BIC is deprived from the IBAN). But make sure to double check the BIC if possible. Right now, there is a glitch with the system. Send the transfer only if it shows the correct IABN REVOGB21, and do not send it if a bank’s online banking changed it to REVOGB2L. (REVOGB21XXX is fine, though.)


#3

@Frank thank you for your answer. Yes I am already aware about this glitch by scrolling through this forum. :slight_smile:


#4

But I can confirm that transfers are back to normal. At least for me. I transferred 50 bucks last night as a test and they arrived just fine this early afternoon. This might be different for different banks, of course.