Revolut discontinuing GBP acc direct debits

[50andOut]

FYI - I just received notice from Revolution that they will be discontinuing direct debits from the local GBP account details. This will impact the HMRC payments which were nice and smoothly being taken each month from my account..

So now I need to contact them and work out an alternate solution, how else are people paying?

50&0

 

[jim]

What mnthly payments to hmrc?

 

[ClubMan]

What mnthly payments to hmrc?

Most likely for this:

Key Post - UK State Pension - Make voluntary contributions to qualify for UK pension on top of Irish pension

Summary If you lived in the UK for at least three years and worked there for at least some of this time. You can make backdated contributions of National Insurance for up to 18 years which will cost you either £163 for each year purchased or £824 for each year purchased. The UK state pension...

www.askaboutmoney.com

 

[jim]

I thouggt it was an annual payment not monthly.

 

[50andOut]

Yep the option was to pay monthly quarterly or annually from memory.

But either way the dd option from revolut GBP account will shortly no longer be possible

 

[gipimann]

Will you be able to set up a DD from your euro Revolut account, which will be converted to sterling at the time of transfer?

 

[Corola]

So now I need to contact them and work out an alternate solution, how else are people paying?

I make an annual bank transfer in GBP from Revolut to the IBAN given in the letter from HMRC.

 

[TLO]

Yes, I got the same message from Revolut. GBP direct debits are being discontinued. Very disappointing. I closed my Barclays current a/c some years ago because Revolut's functionality, which included what was effectively a GBP current a/c, was so handy. Now Revolut are taking away this functionality and I need to figure out an alternative for the occasional GBP DDs that I still have.