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Stevec2x wrote on Tue Dec 6, 2022 2:35pm:
Yes, although it seems to depend on which companies you are using.
To explain, Wise euro accounts have a Belgian IBAN. EU law (I believe) says that these IBANs have to be respected across the EU, but some companies don't accept them until you nag them!
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As a specific example, the Hidraqua website insists on a Spanish IBAN - but when I messaged them they accepted my Wise Belgian IBAN, no problem. My suspicion is that they had to accept non-Spanish IBANs on their payment systems to comply with the law, but forgot about the website (or didn't want to pay to change it).
By comparison, it was a simple matter to change my DD to Iberdrola Clientes.
Cheers
Steve
IBAN Problems: The IBAN format is from 16 digits (Belguim-WISE), 20 digits (Lithuania-REVOLUT) 24 digits (Spain) and up to 32 digits elsewhere. The problems occur when Spanish utility companies etc have their websites set-up for 24 digit numbers with no choice to use less or more digits. This is easily rectified if you can contact an english speaker in their offices, or spanish speaker if your language skills are up to it. EU law stipulates that you cannot be refused using any european IBAN, but if the website refuses you then this is not really counted as a refusal as you have the option to sort it out over the phone or in the office.
