What is the IBAN code for Revolut in the United Kingdom?
Before getting into the specifics of Revolut’s International Bank Account Number (IBAN) in the UK, it helps to understand what exactly IBAN is and why it matters.
What is an IBAN?
An IBAN is an internationally standardized format for bank account numbers that identifies the country, bank and individual account involved in cross-border transactions. IBAN was established to facilitate payments between countries and reduce errors that can occur with traditional domestic bank account numbers.
The IBAN format consists of a two-letter country code, two check digits, and a standard number of alphanumeric characters for the domestic bank account number. This standardized format enables seamless electronic funds transfers and payments between banks and countries.
Using an IBAN provides a variety of benefits including:
- Accurate automatic routing of international payments and transfers
- Reduced errors compared to domestic account numbers
- Faster processing of transactions and transfers
- Enhanced security against fraud or misdirected payments
IBAN for Revolut in the UK
Now that we know the purpose and format of IBANs, what is the specific IBAN for using the Revolut app in the United Kingdom?
Revolut IBAN Format
Revolut IBANs follow the standardized format for the UK of 22 alphanumeric characters:
- 2 letter country code – This is always “GB” for the United Kingdom
- 2 digit check number – Generated based on algorithm to verify accuracy
- 4 characters bank code – Revolut’s assigned bank identifier code
- 6 digit sort code – The sort code of the Revolut branch
- 8 digit account number – The customer’s unique Revolut account number
Revolut IBAN Example
Putting together the elements above, here is an example IBAN for a Revolut account in Great Britain:Copy code
GB29NWBK60161331926819
Let’s break this down:
- GB – Country code
- 29 – Check digits
- NWBK – Revolut’s bank code
- 601613 – The sort code of Revolut branch
- 31926819 – Customer’s unique Revolut account number
Print Format of Revolut IBAN
When printing or writing a Revolut IBAN, it includes spaces as follows:Copy code
GB29 NWBK 6016 1331 9268 19
This format with spacing allows the IBAN to be more easily read and verified.
Verifying and Using Revolut IBAN
Once you have the Revolut IBAN for your UK account, there are a few key things you can do with it:
Confirm IBAN is Correct
Double check the full IBAN matches the example format provided earlier. This ensures you have the accurate details for sending/receiving international payments.
You can confirm the IBAN through the Revolut app or by contacting customer support.
Adding IBAN for Payments
Within banking and payment apps/platforms, you can add your unique Revolut IBAN to expedite payments to other IBANs domestically or internationally.
Using your Revolut IBAN helps ensure accurate routing compared to just using account numbers.
Receiving Payments to IBAN
Finally, to receive payments by wire transfer or electronic funds transfer, provide senders with your unique Revolut IBAN.
The sender can then easily remit money directly into your Revolut account by referencing your IBAN as needed by their banking platform.
FAQs about Revolut IBAN
What is the check number for in a Revolut IBAN?
The two digit check number is generated based on an algorithm to verify the rest of the IBAN is valid and has no errors in the account details. This helps prevent fraudulent/inaccurate transactions.
Can I change my Revolut IBAN?
No, the IBAN generated for your Revolut account cannot be altered or customized in any way. It is tied to your unique account details.
Does Revolut charge for IBAN transfers?
Revolut does not charge any fees of their own for sending or receiving funds via IBAN transfer. However, other banks involved may charge wire transfer/funds transfer fees.
How do I find my account number?
Your 8 digit Revolut account number is included towards the end of your full 22 digit IBAN. In the example IBAN provided earlier, the account number is “31926819”.
Who uses IBAN codes?
IBAN formats are used by all modern banks and financial institutions for facilitating accurate, fast electronic funds transfers between countries. Any international wire transaction will utilize the IBAN format.
