Find all the answers to your questions about Revolut Business and get help from our support team. In addition to IBAN and BIC, the sending bank is asking me for the bank name and address. What do I do if a direct debit on my account is incorrect? What is the maximum amount payable in a single direct debit transaction? Every month, 600,000 people open a Revolut account to spend and manage their money. ). ). I assume the bank name is simply ‘Revolut’, but can anyone tell me which address to use? How do I set up a Direct Debit? A Direct Debit was taken from my account that I want to dispute. Revolut also offers monthly subscription plans with higher thresholds for no fees, as well as instant access to crypto-currencies, cash back, travel and concierge service. image.png 735×277 16.6 KB Once issued with one, Revolut will be able to offer full UK current accounts with features such as direct debits, standing orders and FSCS. To instruct your bank to cancel your direct debit, you need to provide the name of the company, your account number, sort code, and the name on the account. A Direct Debit was taken from my account that I want to dispute. If possible, give your customer reference number with the company, too.

Hi, I am a Revolut UK user trying to make a SEPA bank transfer to my Revolut EUR account. What is a Direct Debit? Many thanks in advance. Revolut has today launched GBP Direct Debits for all EEA customers with local UK account details, the latest feature added to its global financial retail and business platforms, as it … In most cases, provided the merchant is part of the Direct Debit scheme, they will request that you fill out a form (print or online), asking you to allow the company to deduct payment from your account. Step Three: Approach your bank for a small overdraft facility
These can be found in the Revolut app. If you're required to provide an address for GBP Direct Debits, then use this one: Revolut Address: 7 Westferry Circus, Canary Wharf, London E14 4HD. image.png 735×277 16.6 KB Once issued with one, Revolut will be able to offer full UK current accounts with features such as direct debits, standing orders and FSCS.
Created with Sketch. Why was my Direct Debit declined? This new feature allows Revolut’s EEA customers with local UK account details to make all their regular GBP Direct Debit payments straight from their Revolut accounts, whether that be retail customers paying for their gym memberships, phone contracts, utility bills or subscriptions, or business customers paying supplier bills or regular invoices. Please note that Direct Debits can take up to 5 days to become active once requested.

What is a Direct Debit? All you need to do is provide the company with your GBP or EUR account details. This is because Revolut currently supports Direct Debits only in Euros. If you’re asked to provide the name and address of your banking provider, you can find the address in the app: More > Transactions > Direct Debits. What is the maximum amount payable in a single direct debit transaction?