Banking

Posted: Wed Dec 2, 2020 3:27pm

2 replies112 views2 members subscribed

Kay 33

Posts: 29

9 helpful points

Location: La Marina

Joined: 2 Sep 2016

Hi

As a non resident is it possible to close my Spanish bank account and transfer my Direct debits for Utilties, Home insurance, and Suma to
Visa Revolut

Thanks all

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Posted: Wed Dec 2, 2020 10:03pm

Kimmy11

Legendary helpful member

Posts: 6870

12563 helpful points

Location: Formentera Del Segura

Joined: 8 Aug 2017

Posted: Wed Dec 2, 2020 10:03pm

Hi Kay 33,

I believe it used to be possible to do this with Revolut, but the loss of passporting rights for UK financial institutions, due to Brexit, may have changed that. You'll need an IBAN (International Bank Account Number) to pay your Spanish direct debits, so make sure you can still get one with a Revolut account before changing. If not, I'd suggest trying another online bank, such as Starling or Monzo.

Kind regards,

Kim

Posted: Wed Dec 2, 2020 11:44pm

Kay 33

Original Poster

Posts: 29

9 helpful points

Location: La Marina

Joined: 2 Sep 2016

Posted: Wed Dec 2, 2020 11:44pm

Kimmy11 wrote on Wed Dec 2, 2020 10:03pm:
Hi Kay 33,
I believe it used to be possible to do this with Revolut, but the loss of passporting rights for UK financial institutions, due to Brexit, may have changed that. You'll need an IBAN (International Bank Account Number) to pay your Spanish direct debits, so make sure you can still get one wit...

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...h a Revolut account before changing. If not, I'd suggest trying another online bank, such as Starling or Monzo.
Kind regards,
Kim

Hi Kimmy

Thanks for the info I will ch