During the Blocked Account activation, we will ask for your consent in Terms and Conditions to open a Bank Account* for you where you can receive your monthly payouts from your Blocked Account. If you confirm it, this account is opened for free and you can access it from your Expatrio App. In that case, you are not asked to provide any IBAN details during the activation of your blocked account!
If you don't confirm to the T&C, you will be asked to provide your SEPA account under your name, to receive your monthly payouts. You can find useful information and account set up tips for the banking providers we recommend here, but you do not have to choose from this list.
One of the benefits of our Bank Account is that, you receive your monthly payouts instantly after the activation of the accounts and you can always transfer your funds from that account to any SEPA account for free.
However if you still If you still would like to connect your own bank details to your Blocked Account and receive your monthly payouts there, we can send the monthly payouts from your blocked account to any SEPA (Single Euro Payments Area) country current bank account opened under your name.
If your blocked account is already active you can,
- Go to your Blocked Account page
- Scroll down to "Connected Current Account" tab
- Click "request IBAN change" button
- Write the IBAN and BIC code that you would like to receive your monthly payouts to
- Save.
If you are not able to see this tab to update your IBAN, please contact our support team with your bank document proving your IBAN number you would like to change to. They will be able to assist you.
* Banking services are powered by AION Bank.