Your Swiss business account in Revolut Bank UAB
What will happen to my account during the migration?
The migration won't impact your existing payments immediately (unless you have USD local account details, which is covered further down this page).
To avoid problems, we suggest you contact anyone who uses your previous GB IBAN to give them your new Swiss virtual IBAN as soon as possible.
After the migration, you’ll still be able to continue to use your previous GB IBAN for a limited period.
Is my data safe during the migration to Revolut Bank UAB?
Regardless of the Revolut entity - or local national branch of Revolut Bank UAB - providing financial services to you, your personal data will be securely collected and processed in line with our Customer Privacy Notice.
The migration will have no impact on your data subjects rights. Physical and technical measures set out in section 13 will still apply after the migration. Any personal data provided during this process will also be processed as per our Customer Privacy Notice.
With Revolut Bank UAB, your eligible deposits are insured by the Lithuanian Deposit Insurance Scheme (Public Institution ‘Deposit and Investment Insurance’). You can learn more about the Lithuanian Deposit Insurance scheme on this page.
What if I have USD local account details?
Unfortunately, we can’t provide USD local account details for your account once it is migrated to Revolut Bank UAB. Your existing USD local account details won't work once your account has been migrated.
You can continue to receive USD transfers via SWIFT. We advise you to inform your customers and vendors of the change in your account details to avoid any disruptions to your payments.
If you are impacted by this, we're working on making USD local account details available again as soon as possible.