The post Revolut launches the Italian IBAN and its official branch in Italy appeared on BitcoinEthereumNews.com.
Revolut has announced the official launch of its branch in Italy, along with the launch of the Italian IBAN. Now the Italian customers of the financial super app can use Revolut as their main account. Revolut: the official launch of the branch in Italy and the offer of an Italian IBAN Revolut, the global financial super app, has officially announced its branch in Italy and the new possibility of being able to offer its customers the Italian IBAN. In practice, the Italian branch of Revolut Bank UAB has successfully completed its initial tests, officially becoming an Italian bank. This Italian branch of Revolut Bank UAB is supervised by the Bank of Italy and the European Central Bank. Thanks to this success, Revolut can now offer Italian IBANs (which start with IT) instead of Lithuanian ones (which start with LT). The new customers of the global super app will receive their Italian IBAN directly upon opening their new account. All of the nearly 3 million Revolut customers, on the other hand, will be able to migrate to an Italian IBAN from January 2025. In any case, customer deposits will continue to be covered up to €100,000 by the Deposit Guarantee Fund of the Bank of Lithuania. The Italian IBAN will facilitate daily transactions and the use of Revolut, customers will be able to receive their salary and pay direct debits without complications Revolut and the launch of the Italian IBAN: the goal is to grow in Italy According to a study by Revolut, almost half of Italians (46%) consider a local IBAN essential when choosing a bank as their main account. With the new service, Italian users will be able to access global services through the Italian and local IBAN. In this regard, Nicola Vicino, recently appointed General Manager of the…