Global banking app Revolut is planning to issue Irish IBANs to two million customers in the state in major shake-up to the sector here.
The move will add extra pressure on mainstream Irish banks, as customers will now be able to have their employer pay their wages directly into their Revolut account.
Users of the app in Ireland are currently supplied with Lithuanian IBANS, due to the IBAN being issued by Revolut Payment UAB, which is a Lithuanian e-money institution.
