DublinHead54
Registered User
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Yes and no.My simple assumption is if I transfer them to my GBP revolut account it still qualifies as foreign as the GBP account is based in the UK with a UK sort code and UK address?
Yes and no.
Technically it is not remitted but only in the basis that you have a UK address. I suspect in Revolut T&Cs and also your other UK bank you are obliged to inform them of a change of address if you are resident in Ireland.
Otherwise don’t try to imagine that your GBP and EUR balances are separate accounts. In the eyes of Revolut you are one person at one address with one IBAN. I would argue that you have a single account with balances in different currencies.
What is not accurate?I don't think that is 100% accurate,
On substance IBAN and sort code aren't relevant nor is the address as you aren’t actually UK resident !With revolut though I think the argument on the face of it is the GBP "account" has a UK address and sort code.
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