Revolut Chat

Haven’t spoken to anyone that has solely a Revolut account in Ireland. Usually is a mix of Revolut + legacy bank.

Revolut is free and makes simple small day to day transactions and between friends easy. For anything else, legacy bank.

Guess it’s the reluctance of going fully digital.

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I wonder how the “transition period” to being a fully fledged bank is going at Revolut. In a previous role I have had my salary in there and I still think it’s the most malleable of financial tools, but until they get the license I probably won’t give those details in case they change. Am I right in saying they need to mobilise by next July?

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They could announce final steps any time :sweat_smile::thinking:

I also looking forward for Revolut to become fully licensed Bank :sunglasses::bank:

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It used to be called Revolut Junior

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Better not be, I like my account number :confounded:

As for the licence, I really hope so :crossed_fingers:t3:

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Can you share?

Maybe 04-29-09 is their in-house sort code?

04-00-75 being Modulr?

04-29-09 has been around a while now though.

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I received it, too.

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Received mine yesterday.

I (personal acct) am on the 04-00-75 but my joint account is on the new one. I think they bought it in house as it doesn’t say Modulr when you set it up as a payee anymore.

That said perhaps there will be a change when they become a bank. I got a new job and didn’t give the Revolut details for this reason. Perhaps overkill but not worth the risk of missing a payroll cut off. I wonder if we will all be going over to 04-29-09?

I didn’t get this email you see and it does seem odd to send it for no reason. That said some people I know have used Monzo or Revolut for years and didn’t realise there were proper bank details - just used it P2P - so maybe an awareness push?

That said, I wish they’d get it all finalised so I can set and forget. Most of my payees and bills are on Revolut.

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Ah so you’ve always had the same details included in the email? Maybe they never sent it, or an error occurred internally triggering it out.

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I never got this email as an account holder but I did sign up in 2020?

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Maybe you’d never had it? Who knows.

Excitement over :confounded:

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When did you sign up? I did in 2020 and my sort code is 04-00-75

Joint accounts came later and that was set up on 04-29-09

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6 years ago and on 04-29-09?

How odd - 4 years ago for me and 04-00-75

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My Sterling GBP account is held by the Lithuanian entity and I have sort codes 04-00-75 and 04-29-09 for the single and joint.
They haven’t changed in a long time, and they didn’t change when the Irish entity went from e-money to bank.
Not sure if that might give a clue to what might happen when UK does the same?

Weirdly though, I have this notification in app today.
I’ve never enabled or used the Romanian account, I’ve never been there.
So I did enable it to take a look, and have the standard IE IBAN there.
I think Romania and Italy got their localised account details enabled this week though. Perhaps some glitchiness is happening on the back end.

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I feel they will most likely stay the same but it would be good to know for sure. The last time I asked they couldn’t confirm or deny. I guess they’d have to give a lead time if they were changing?

But I’ve got it in my head that I’ll give my employer the details once they become a bank so I’ll stick to that :grin:

I’d hope that they don’t change anything again.
It’s a massive PITA to get credits / debits rearranged, especially if like me you have loads of them across the single and joint accounts - some needing written notice to change :weary:

Also as a small e-money institution you can maybe understand them changing suppliers, but once you’re a bank and you have onboarded many more customers that’s going to be a tough sell and not do you any favours from a reputation standpoint

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I randomly received this email today too!

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Quite like the detail here when refunds have been triggered. Should never take 5 working days though; they take the money in an instant :sweat_smile:

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