Revolut users will be granted an Irish IBAN in the coming months.
The online banking app is opening an Irish branch this year so that customers are no longer given Lithuanian codes, which is currently the case.
Some workers have reported issues getting paid through their Revolut account up to now, as employers cited concerns with the foreign IBAN.
Financial Advisor Padraic Kissane says Revolut is working towards becoming a more mainstream bank:
" There was still, I suppose, a tendency [of a] little snobbery around that it wasn't an Irish IBAN.
"They have now ceased that being a problem, that now you have an Irish IBAN.
"It's only a matter of time before the project into the wider banking area called everyone will.
"Question is when do they get to the credit or to the lending?"
Revolut says it has two million users in Ireland and has in the past signaled an intention to offer mortgages.
