Your IBAN is your account number, but with more power. It now has 24 numbers and starts with ES. To see it, go to the app, then to your profile and click on your name.
For you to not lose a single euro, the old IBAN will be valid for 2 months. This means that if you are sent a transfer to your Irish IBAN during these 2 months, you will receive it without a problem.
Is there any limitation to having a Spanish IBAN?
This new change, to have a Spanish IBAN, is approved so that it works without a problem with all the banks that operate in the Single Euro Payments Area but for the moment there are exceptions: some savings banks and N26. If you make a transfer from Rebellion to one of these entities, the transfer will be blocked and you will receive the money several days later. However, if someone tries to send you a transfer to your Rebellion Spanish IBAN from any of these exceptions, it will give them an error and tell them that the IBAN does not exist. Sorry for this inconvenience but we are working to fix it as soon as possible.
Do I still have to use the BIC / SWIFT code for transfers?
For 2 weeks from October 21st you will have to enter the BIC/SWIFT code when making an outgoing transfer from Rebellion. After this time, it will not be necessary.
For incoming transfers, it will only be necessary to add this code when the transfer is made from a non-Spanish IBAN.
What about the direct debit of my payments?
This change does not allow direct debiting of payments at the moment but we are working on it so that it will be available as soon as possible. You can, however, get paid directly into your account, such as your paycheck, student scholarship, etc.
Does it affect the tax authorities to have a Rebellion account?
If you are a Spanish resident and you have more than €50,000 in your account on 31 December, you will have to declare it on model 720.