Central Bank must act against those not accepting EU IBANs 

Revolut has been switching Irish customers to an Irish IBAN to make it easier for them to use as their primary account. 

The Central Bank should take "appropriate action" against those not complying with EU rules in relation to foreign IBANs following the decision of Revolut to issue Irish IBANs to customers, a consumer advocate has said.

Over the past few weeks, Revolut has been rolling out Irish IBAN numbers to its customers which it said would make their account “better suited for use” as a primary account.