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U.K. bank account

Re: U.K. bank account

Postby William123 » Tue Sep 29, 2020 1:36 pm

If you feel comfortable with smartphones I would definitely recommend opening a Revolut account.

As it is a British bank your IBAN will be UK based, and as they are an online (insured) bank all of their processes can be done directly from your smartphone (making the whole being abroad situation not as much of an inconvenience as a physical bank)
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Re: U.K. bank account

Postby jpeg » Tue Sep 29, 2020 2:16 pm

William123 wrote:If you feel comfortable with smartphones I would definitely recommend opening a Revolut account.

As it is a British bank your IBAN will be UK based, and as they are an online (insured) bank all of their processes can be done directly from your smartphone (making the whole being abroad situation not as much of an inconvenience as a physical bank)



Their webpage information state you will be using an EU Iban not British

Good reading re Revolut and Transferwise https://thepoorswiss.com/transferwise-v ... h-is-best/
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Re: U.K. bank account

Postby William123 » Wed Oct 14, 2020 1:35 pm

jpeg wrote:
William123 wrote:If you feel comfortable with smartphones I would definitely recommend opening a Revolut account.

As it is a British bank your IBAN will be UK based, and as they are an online (insured) bank all of their processes can be done directly from your smartphone (making the whole being abroad situation not as much of an inconvenience as a physical bank)



Their webpage information state you will be using an EU Iban not British

Good reading re Revolut and Transferwise https://thepoorswiss.com/transferwise-v ... h-is-best/



Ah, I missed that.

I believe they changed it to an EU IBAN after the whole Brexit scenario, so indeed you are right.
Thanks for pointing it out
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