Revolut has urged its Irish customers to update their details as needed after they recently made a big change to their operations.
The banking app has completed the process of giving Irish international bank account numbers (Ibans) to its base of more than two million customers in the Irish market - previously, all customers had Lithuanian Ibans.
In line with this change, anyone who is using Revolut for direct debits or other automatic payments from their account is being urged to update the Iban details.
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They must replace their old Iban beginning with “LT” with a new “IE” Iban.
The move to create Irish Ibans involved moving customers to the Irish branch of Revolut Bank UAB, its European business, and replacing their Lithuanian Ibans with Irish ones.
Customers were given two months’ notice that their accounts were to be migrated into the Irish branch in a phased manner.
“As we take our next step as the financial super app, offering accounts with Irish Ibans for our customers in Ireland, we hope to see more of our customers use Revolut as their primary account for a seamless experience,” said Revolut Europe's chief executive Joe Heneghan in a statement.
The changes now make it easier for Irish customers to use their Revolut for things like wages and direct debits.
Until now, some Revolut customers may have experienced Iban discrimination using their Lithuanian Iban.
For example, an employer or service provider may have refused to accept an Iban from a different country within the Single European Payments Area (Sepa) even though they are not supposed to do so.
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