Revolut's Austrian banking branch plans to launch local IBANs in 2027

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Revolut has completed the registration of its Austrian banking branch and plans to launch local IBANs in 2027. Once the branch goes live, customers in Austria will be able to receive salaries through local accounts, manage direct debits and standing orders, while taxes will be automatically withheld from savings accounts. More than 500,000 people in Austria currently use Revolut.