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As a result, the IBAN currently used to receive local SWIFT and euro SEPA payments has changed. If transfers are received via Revolut, the company’s customers must notify the new IBAN to their employer, friends, family members, etc. You can find out your new IBAN by selecting the profile icon in the “Revolut” app, tapping the “Settings” icon, selecting “Account Properties” and then selecting the account.
To facilitate the transition, both the old and the new IBAN can be used for receiving international transfers for two months – until 11 November this year. After November 11, transfers to the old IBAN will not be received and will be automatically returned to the sender.
If any of Revolut’s travel or device insurance products are used, the policy is migrated to the new unit. The policy number and insurance provider will not change. The guarantee thresholds will be calculated in euros and not in British pounds (for example, if previously the guarantee for international health insurance was £ 10,000,000, now the guarantee will be € 10,000,000). If a business customer is traveling during data migration, the security will not be affected.
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