Revolut has established itself as one of the leading neobanks in Europe, especially popular among travelers and border commuters in Switzerland. Its multi-currency accounts and competitive exchange rates are significant draws.
However, when it comes to specific features like TWINT, IBAN, and eBill in Switzerland, there are some limitations worth noting.
Revolut Switzerland and TWINT
Revolut Switzerland does not offer TWINT. As a non-Swiss institution, it is unlikely to integrate this payment service, which requires linking to a local bank account.
In contrast, Swiss neobanks like CSX and Yuh provide dedicated TWINT applications. Notably, Yuh Bank offers Yuh TWINT, making it a convenient choice for users looking for integrated payment solutions. Neon Bank also allows access to TWINT Prepaid.
Revolut Switzerland and Swiss IBAN
While Revolut Switzerland does offer a CH IBAN, it’s essential to understand that this IBAN is “hosted” by Credit Suisse and is not registered in your name.
For any transfers, you will need to use a reference. If you prefer a Swiss IBAN in your name, you should consider opening an account with a local neobank.
Revolut Switzerland and eBill
Revolut Switzerland also lacks eBill functionality, which is increasingly important for managing payments efficiently. However, eBill is available through other Swiss neobanks, including CSX, Neon, Yapeal, Yuh, and Zak, providing Swiss residents with a comprehensive solution for their billing needs.
In conclusion, while Revolut offers innovative features and excellent rates, those specifically seeking TWINT, a personal Swiss IBAN, or eBill functionality may find better options among local neobanks.
YUH Promo Code: YUHNEO
Don't have a YUH account yet? Use our referral code to open your free YUH Bank account!
Use the promo code YUHNEO by October 31, 2024 to receive 50 CHF in Trading Credits + 4 CHF (250 SWQ) for FREE 🙌
Get 54 CHF Free with YUH ➡️
Frequently Asked Questions about Revolut Switzerland
âś… Does Revolut Switzerland offer TWINT?
Revolut Switzerland does not offer TWINT. As a non-Swiss institution, it is unlikely to integrate this payment service, which requires linking to a local bank account. In contrast, Swiss neobanks like CSX and Yuh provide dedicated TWINT applications, with Yuh offering Yuh TWINT for seamless transactions.
âś… Does Revolut Switzerland offer a Swiss IBAN?
While Revolut Switzerland does offer a CH IBAN, it’s important to know that this IBAN is “hosted” by Credit Suisse and is not registered in your name. For any transfers, you will need to use a reference. If you prefer a Swiss IBAN in your name, you should consider opening an account with a local neobank.
âś… Does Revolut Switzerland offer eBill?
Revolut Switzerland does not offer eBill and, likewise, it is unlikely that eBill will ever be provided by Revolut Switzerland. However, eBill is available from all other Swiss neobanks: CSX, Neon, Yapeal, Yuh, and Zak.
