Ulster bank Ireland don’t recognise the Revolut EUR IBAN. They are investigating presently
Well my bank ask me for the country of the bank when I put the IBAN it says Lithuania but if I put the bic code says U.K. And then invalid IBAN
I spoke with the support team, they gave me another BIC code
It works if you can enter the BIC manually, otherwise if the system checks for the BIC from the IBAN it doesn’t work
Hope it will be useful
Everything works great if your bank allows to enter just IBAN number! And very fast !
Yeah but the problem with most banks is that IBAN and bic are from different countries although both of them are valid
I just tested EUR bank transfer from my new IBAN:
Min transfer - 2 Eur
You can choose transfer speed:
Turbo transfer fee - 6 eur
Regular transfer (up to 5 days) fee - Free
If anyone was able to send money successfully and received them to his revolut account tell us the bank the money went to so we can find the bic code
Just checked - it’s REVOGB21XXX
This BIC appears automatically at National Bank of Greece but it mentions that is inactive and transaction may take more time or extra commission.When I enter the LOYDGB2LCTY accepted without any red info.
My bank requires Bank name/address and recipient name/ address.
I should add BIC is actually “REVOGB21XXX”. XXX meaning head office.
Yes, I was able to send and receive money via the new personal EUR IBAN,
This is a UK bank? This does not seem to be a proper SEPA transfer. The whole point of the SEPA transfer regulations is that everything is standardized and that banks use the same data structure for transfers. Only if they do, the transfer is considered to be a SEPA transfer.
@NickTehPro, exactly, the country code of the IBAN is Lithuania, and the BICs country code UK. But check out this IBAN verifier:
If you only enter the IBAN, the website will tell you the corresponding BIC, because an IBAN already contains all necessary informations for a transfer: account number and the information for the payee’s bank. So the weird situation here is that two different countries are encoded alone in one single IBAN. And some banks stumble upon this when they verify an IBAN and won’t allow that transfer.
Yes, and the IBAN verifier shows:
Bank: Revolut Limited
SEPA Credit Transfer is supported.
SEPA Direct Debit is not supported.
B2B is not supported.
There you have it. An IBAN with LI as the country code that leads to a BIC with the country code GB. I’ve never seen a mismatch like this before.
I also activated the new Euro personal account and I tried topping up my Revolut card using two different bank accounts: one in Cyprus and one in Greece. Both banks could not recognize the IBAN (I got the message that it was either too short or in a wrong format). Also both banks require IBAN and BIC, so I cannot do the top up using only the IBAN.
The problem is that now I am stuck and I cannot top up my card! I contacted support and they told me that they are working on this issue. Why did they roll out something that doesn’t seem to work without testing it extensively first?
Anyway, if someone has topped up their card using the new Euro account, can you please post how you did it?
N26 Bank had no problem sending to the IBAN. N26 shows they initiated the transfer on July 14th and Revolut shows receiving it at 10AM that morning.
I tested new IBAN from three different banks including N26 - no problems at all. I think problems are in your old bank transfer forms. For SEPA payment it’s enough to fill only name and IBAN. Thats all !
Something weird is going on. I think that revolut’s bic it’s a virtual one.
Piraeusbank of Greece is unable to send money to these new accounts just checked. The countries confuse the system and says Invalid beneficiary.
Also I see problems transferring money with my Barclays account weird stuff