Solved

Can I use my personal Revolut account IBAN for Shopify payouts?

Paile
Excursionist
18 2 3

Hello! Since Revolut is now a bank, could I just use the IBAN of my personal Revolut account to receive payouts from shopify payments?

Accepted Solutions (2)

Victoria
Shopify Staff
2093 148 247

This is an accepted solution.

Hi there, @Paile.

 

Thanks for popping your question here in the Shopify Community!

 

 When using a virtual bank account like Revolut, it may not be compatible with Shopify Payments. We cannot guarantee that Shopify Payments will process payments to virtual bank accounts. Prior to adding Revolut, I recommend testing your payouts before using the virtual bank account. If any issues arise, it is encouraged to contact your virtual account provider.

 

In order to make sure your payouts are received successfully, you'll need to ensure the bank account associated with Shopify Payments has the following:

 

  • A checking / current account is added
  • The account is eligible for ACH transfers in CA/US
  • FPS transfers in IRE/UK
  • BECS transfers in AU/NZ
  • SEPA transfers in AT/BE/CH/DE/DK/ES/FI/FR/IT/NLD/SE
  • The supported currency is in your region

For more detailed context, please review our Support Countries for Shopify Payments resource.

 

If you have any additional questions or need help with other areas of your store, I'll be happy to answer those questions here. I recommend checking out our Shopify Changelog to stay up to date on new updates with the platform. 

Victoria | Shopify 
 - Was my reply helpful? Click Like to let me know! 
 - Was your question answered? Mark it as an Accepted Solution
 - To learn more visit the Shopify Help Center or the Shopify Blog

View solution in original post

Paile
Excursionist
18 2 3

This is an accepted solution.

It worked! Today my test payout arrived into my personal Revolut account. This works 🙂

View solution in original post

Replies 7 (7)

Victoria
Shopify Staff
2093 148 247

This is an accepted solution.

Hi there, @Paile.

 

Thanks for popping your question here in the Shopify Community!

 

 When using a virtual bank account like Revolut, it may not be compatible with Shopify Payments. We cannot guarantee that Shopify Payments will process payments to virtual bank accounts. Prior to adding Revolut, I recommend testing your payouts before using the virtual bank account. If any issues arise, it is encouraged to contact your virtual account provider.

 

In order to make sure your payouts are received successfully, you'll need to ensure the bank account associated with Shopify Payments has the following:

 

  • A checking / current account is added
  • The account is eligible for ACH transfers in CA/US
  • FPS transfers in IRE/UK
  • BECS transfers in AU/NZ
  • SEPA transfers in AT/BE/CH/DE/DK/ES/FI/FR/IT/NLD/SE
  • The supported currency is in your region

For more detailed context, please review our Support Countries for Shopify Payments resource.

 

If you have any additional questions or need help with other areas of your store, I'll be happy to answer those questions here. I recommend checking out our Shopify Changelog to stay up to date on new updates with the platform. 

Victoria | Shopify 
 - Was my reply helpful? Click Like to let me know! 
 - Was your question answered? Mark it as an Accepted Solution
 - To learn more visit the Shopify Help Center or the Shopify Blog

Paile
Excursionist
18 2 3

Hi Victoria,

 

Thank you for going so in depth with your answer! I had already contacted support and I was told there shouldn't be a problem. On your suggestion I'm going to make a test payout. If it works I'm going to update this post, for whoever reads it in the future. Thanks again 🙂

Victoria
Shopify Staff
2093 148 247

No problem, @Paile!

 

I'm happy to hear my response was helpful to you. If you have any additional questions or would like tailored feedback for your store, feel free to share your store URL here.

 

Take care!

Victoria | Shopify 
 - Was my reply helpful? Click Like to let me know! 
 - Was your question answered? Mark it as an Accepted Solution
 - To learn more visit the Shopify Help Center or the Shopify Blog

Paile
Excursionist
18 2 3

This is an accepted solution.

It worked! Today my test payout arrived into my personal Revolut account. This works 🙂

Aln_Sh
Visitor
1 0 0
Hi, have you been able to add your IBAN on Shopify?
Victoria
Shopify Staff
2093 148 247

Hi, @Aln_Sh.

 

Welcome to the Shopify Community and thank you for joining the thread.

 

Are you having issues when adding your IBAN number to Shopify? 

 

As shared in the thread above, Revolut is a virtual bank account and may not be compatible with Shopify Payments. We're not able to guarantee that Shopify Payments will process payments to virtual bank accounts. 

 

You will first want to test out your payouts before using the virtual bank account. Iorder to make sure your payouts are received, you will need to ensure the bank account associated with Shopify Payments has the following:

 

  • A checking / current account is added
  • The account is eligible for ACH transfers in CA/US
  • FPS transfers in IRE/UK
  • BECS transfers in AU/NZ
  • SEPA transfers in AT/BE/CH/DE/DK/ES/FI/FR/IT/NLD/SE
  • The supported currency is in your region

 

Feel free to thread any questions that come to mind!

Victoria | Shopify 
 - Was my reply helpful? Click Like to let me know! 
 - Was your question answered? Mark it as an Accepted Solution
 - To learn more visit the Shopify Help Center or the Shopify Blog

Mikey8
Visitor
2 0 0

Hey can you please elaborate which revolut account did you open? much thanks.