RevoGB21XXX Bank Location Code: A Comprehensive Guide

Introduction

The bank location code, or sort code, is a unique numerical identifier assigned to each branch of a bank in the United Kingdom. It is used to route electronic funds transfers (EFTs) and to identify the specific branch where an account is held. The RevoGB21XXX bank location code is used by Revolut Bank, a digital banking platform that offers a range of financial services, including current accounts, savings accounts, and international money transfers.

Understanding the RevoGB21XXX Bank Location Code

The RevoGB21XXX bank location code consists of six digits, as follows:

• The first two digits (Re) indicate the bank, in this case, Revolut Bank.
• The next two digits (vo) indicate the country, in this case, the United Kingdom.
• The final two digits (GB) indicate the specific branch of Revolut Bank.

Using the RevoGB21XXX Bank Location Code

The RevoGB21XXX bank location code is used in a variety of ways, including:

• Electronic Funds Transfers (EFTs): The bank location code is used to route EFTs, such as direct debits and standing orders, to and from the correct bank branch.
• Identifying Bank Branches: The bank location code can be used to identify the specific branch of Revolut Bank where an account is held. This information is useful when making in-person transactions or when contacting the bank for support.
• Checking Account Information: The bank location code can be used to verify account information, such as the account number and sort code. This information is often required when setting up online banking or when making payments.

Tips and Tricks

• Keep your bank location code confidential: The bank location code is a sensitive piece of information that should not be shared with anyone other than trusted individuals.
• Double-check your bank location code: Always double-check your bank location code when making EFTs or providing it to third parties.
• Use online tools to find your bank location code: There are a number of online tools that can help you find your bank location code, including the Revolut website.

Stories and Lessons Learned

• The Case of the Missing Bank Location Code: A customer attempted to set up an online account with Revolut Bank but was unable to complete the process because they did not have their bank location code. They contacted Revolut customer support, who provided them with the correct bank location code and helped them to set up their account. This story highlights the importance of having the correct bank location code when opening a new bank account.
• The Importance of Verifying Bank Location Codes: A customer made an EFT to the wrong bank branch because they entered an incorrect bank location code. The funds were not credited to the correct account, and it took several days to resolve the issue. This story highlights the importance of double-checking your bank location code before making an EFT.
• The Benefits of Using Online Tools: A customer needed to find their bank location code for a new online payment service. They used the Revolut website to find their bank location code quickly and easily. This story highlights the convenience and efficiency of using online tools to find your bank location code.

Pros and Cons of Using Revolut's Bank Location Code

Pros:

• Secure and convenient: Revolut's bank location code is a secure and convenient way to route EFTs and identify bank branches.
• Easy to use: The bank location code is easy to understand and use.
• Widely accepted: Revolut's bank location code is widely accepted by banks and financial institutions in the United Kingdom.

Cons:

• Limited availability: Revolut's bank location code is only available for use with Revolut Bank accounts.
• Potential for error: There is a potential for error when entering the bank location code, which could result in EFTs being sent to the wrong bank branch.
• Sensitive information: The bank location code is a sensitive piece of information that should be kept confidential.

Call to Action

If you have any questions or concerns about using the RevoGB21XXX bank location code, please contact Revolut Bank customer support.

Additional Information

• Revolut Bank website: https://www.revolut.com/
• Bank location code checker: https://www.banklocationcodes.co.uk/
• EFT guide: https://www.fca.org.uk/consumers/eft-guide

Tables

Table 1: RevoGB21XXX Bank Location Code Format

Table 2: Revolut Bank Branch Locations

Table 3: Comparison of Bank Location Codes