Customers should be aware
Banking app Revolut are urging their Irish customers to update their details as necessary after they recently made a big change to their operations.
They have completed the process of giving Irish international bank account numbers to its base of more than two million customers in the Irish market.Read more:Cost of living Ireland: Workers to get major pension boost under new state scheme Due to the change, anyone using Revolut for any existing direct debits or other payments from their account is being urged to update the Iban details.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 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 even though they are not supposed to do so.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Most bank customers losing money by not switching, says ESRIThe majority of consumers are missing out on savings as they did not shop around when originally choosing a bank and do not consider switching, a report by ESRI has found. ESRI.
Read more »
Flogas apologises to customers after delays applying bonus worth up to €300Some 2,850 customers faced delays from the company in receiving cashback as part of ‘welcome’ bonuses to those who switched their accounts
Read more »
Alexandra Burke expecting second child with Irish footballer Darren RandolphThe couple took to Instagram to announce the wonderful news, just eight months after welcoming their first child together - Alexandra said 'We are so excited to do this all again'
Read more »
Graham Norton to host Amazon Prime Video’s first original Irish seriesLOL: Last One Laughing Ireland will be made for the streamer by Irish production company Kite Entertainment
Read more »