Need a hand?

Switching your account from another bank or Payment Service Provider (PSP) in Spain to Revolut is free. You can do this via the Account Switching Service.

Revolut won't charge you to use the Account Switching Service, and the law states that this process is free of charge for both the customer and the receiving provider.

To switch to Revolut, you need to already be a Revolut customer and have completed your identity verification.

Using the account switching service

You need to register with the Account Switching Service to switch accounts. You can check your switching status anytime, too.

We'll switch direct debits and periodic credit transfers from your old bank or payment provider to your Revolut account. We'll also send you a list of your standing orders from your old payment service provider.

See a step-by-step guide to setting up your standing orders from your Revolut account.

We'll also transfer any positive account balance from your old account to your Revolut account.

As part of the Account Switching Service, you can also ask for your old account to be closed, and we'll create a notification for you, which you can send to your old payment provider. Some payment providers may not allow your old account to remain open after you switch.

Make sure the account you’re switching from:

• Has no outstanding debts or period payments due
• Is suitable for people over 18 years of age
• Isn't a business account
• Isn't a joint account
• Uses currencies Revolut accepts

Account Switching Service doesn't cover the following services:

• Some credit sources (e.g. social services payments)
• Direct debits, where their originators (the organisation granted permission to collect direct debits from you) are outside of Spain. If you want to move these kinds of direct debits to Revolut Bank UAB, you'll need to update direct debit originators directly
• Recurring payments linked to the debit card on your old account

Once you register via the link above and answer all the questions, we’ll tell your payment partners the switch is happening. We'll email you to let you know when the switch is complete.

When to switch accounts

You'll be asked to choose a date on which the switching process will begin (the Switching Date).

You should choose a date which has the least activity on your old account.

For example, you shouldn't choose a date that’s closer to when your salary gets paid into your old account. This approach will give the Account Switching Service the best chance of working effectively and without disruption to your recurring payments.

The Switching Date must be at least 6 business days from the date you complete the registration.

If you've chosen to close your old account while registering, you should:

• Avoid using any cards on your old account once the Account Switching Service has started
• Destroy any bank cards from your old account

If any incoming payments arrive to your old account after the switch date, please contact your old bank to make sure they're paid into Revolut.

Your Revolut account can accept Single Euro Payments Area (SEPA) payments. You can also ask your old account provider for a statement of your old account for the last 12 months, at no cost.

The following are likely relevant only if you are a Revolut Business customer: 

• Check your payroll arrangements and prepare for any changes you may need to make due to the switch
• Update your invoice documentation to include your Bank Identifier Code (BIC) and International Bank Account Number (IBAN) for your Revolut account
• If you receive Direct Debits into your old account (which you now want to receive into your Revolut account), you should change your payment service provider to Revolut Bank UAB