--- title: "Does RedotPay have an IBAN? EUR, GBP and USD account details explained" description: "RedotPay cards have no IBAN or SWIFT code, but the app can open you a personal EUR account with an IBAN (SEPA), a GBP account with a sort code, or a USD account with a SWIFT/BIC. Who can get one, what it costs, how to open it and what to send to it." --- > Documentation Index > Fetch the complete documentation index at: https://redotdocs.com/llms.txt > Use this file to discover all available pages before exploring further. # Does RedotPay have an IBAN? EUR, GBP and USD account details explained Yes, for euros: RedotPay can give you a **EUR account with its own IBAN** for SEPA transfers. For pounds you get an account number and sort code, for dollars an account number and SWIFT/BIC. These come from a separate **personal funding account**, not from the card: the card itself has no IBAN and no SWIFT code, so there's nothing a bank could transfer to. > **Checked 2 November 2026** > > Rules from RedotPay's help centre on that date, screens from the app. Whether the accounts are offered in your country is shown in the app under **Deposit → Fiat**; RedotPay doesn't publish the list. ## What you get, by currency | Account | Details you receive | Transfers arrive by | Usually lands | |---|---|---|---| | EUR | Account name, **IBAN**, bank name | SEPA | Next business day | | GBP | Account name, account number, sort code, bank name | Faster Payments (FPS) | Next business day | | USD | Account name, account number, SWIFT/BIC, bank name | Shown in the app when you deposit | Same day to 5 business days | Each currency is a separate account: to hold euros and dollars, you apply twice. The details stay in the app, under the account, and you should always copy them from there for the currency you're receiving. A compliance review can add 1 to 7 business days. ## Who can open one - **Your country decides.** Open **Deposit → Fiat** in the app: if a currency offers **Bank Transfer**, you can apply. RedotPay says availability "depends on your country or region" and publishes no list. Our country guides note what we found; in [France](/en/countries/france/), for example, EUR is offered. - **A verified identity.** Government ID plus the face check, as for the rest of the app. See [verify your identity](/en/getting-started/verify-identity/). - **A short risk questionnaire**, up to 5 attempts, about your source of funds, intended use and occupation. RedotPay says regulations require it. - **Your details in English characters**: first and last name, country, province or state, city, address and postal code. Incomplete details delay the application. - RedotPay may ask for **extra documents**: proof of address or source of funds. It calls this routine. ## How to open it Then make a transfer **from a bank account in your own name** to those details. The name must match your verified identity: a transfer from a company account or a friend's account may fail and be returned, and the bank on the way can take a handling fee out of the returned money. ## What it costs | | Fee | |---|---| | Opening an account | Free if your RedotPay balance is at least 100 USD or equivalent. Otherwise 6 USD, 6 EUR or 6 GBP | | Receiving a transfer | Free. RedotPay charges nothing on USD, EUR or GBP deposits | | Yearly fee | Waived if at least 1,000 USD in total arrives in the first 11 months. RedotPay warns you in month 11 and doesn't publish the amount | | A deposit that has to be refunded | The bank or refund channel may take a handling fee; on a small deposit nothing may be left | Every other fee the app can charge, from PayPal to international transfers, is on [fees beyond the card](/en/fees-limits/deposit-transfer-fees/). ## What you can do with the balance Once a deposit is in your EUR, GBP or USD balance you can swap it to USDT or USDC, spend it with your [RedotPay card](/en/cards/virtual-vs-physical/), [send it abroad](/en/deposits-withdrawals/send-money/) as an international transfer, or withdraw EUR and GBP to a bank account in the same currency. RedotPay's article on withdrawals covers EUR and GBP only. Money from other people is the kind most often [held for review](/en/troubleshooting/funds-on-hold/), so keep the invoice or contract behind each payment. ## What it isn't - **Not a bank account.** RedotPay isn't a bank; the accounts and the funds sit with licensed partner institutions. RedotPay recommends turning on two-factor authentication and biometric login. - **Not attached to the card.** RedotPay cards have no SWIFT code and no IBAN. Someone paying "to your card" by bank transfer has nothing to send to; give them the account details instead. The card also can't send money through bKash, Wise, Revolut or similar services. - **No card included.** A personal funding account doesn't come with a card; you apply for one separately. - **No local currencies.** There's no account in dinars, dirhams, rupees or taka. To turn local cash into USDT, use [P2P](/en/p2p/). ## If your country isn't offered - **Clients on PayPal** can send to your RedotPay card: 3% fee, at least 1 USD, credited in USDT. See [receive money from abroad](/en/deposits-withdrawals/receive-money/). - **Clients who can pay in crypto**: share your USDT address; it arrives in about a minute on TRC20 and RedotPay charges nothing. See [deposit USDT](/en/deposits-withdrawals/deposit-crypto/). - **Local cash**: buy USDT from another user on P2P. Need a bank account **at the other end**, to pay yourself out? That's the **Send** tab, covered in the guide to sending money to a bank abroad. ## Closing the account You don't have to: RedotPay tidies up inactive accounts on its own. To close one yourself, tap the account → **…** → **Close account**. To get it back, you apply again. Think it through first: what to check before closing anything is on [delete a card](/en/security/delete-card-or-account/). Sources: RedotPay help-centre articles "What Details Will I Receive After Opening an Account?", "Which Countries and Regions Can Open a Personal Funding Account", "Is It Free to Open a Personal Funding Account?", "What Deposit Methods Are Supported?" and "Does My RedotPay Card Have a SWIFT Code?" (checked 2 Nov 2026); the RedotPay app, English interface (31 Oct 2026). Source: https://redotdocs.com/en/deposits-withdrawals/iban/index.mdx