submitted 1 week ago* (last edited 1 week ago) by SrMono@feddit.org to c/buyfromeu@feddit.org

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It seems like there was a big leap forward for wero.

If you search for “wero” in the German news, it seems like a lot of banks activated it yesterday-ish.

Mine is covered 🙂

I’m a little bit disappointed, that my cell phone number is the unique ID for transactions.

Edit:

Tried to search which banks are supported. This is just a selection and even the selector on the wero-webpage is not up-to-date.

Germany: Deutsche Bank, DZ Bank, GLS, Savings Banks Association (DSGV), Postbank, BBBank, Sparkasse, Haspa, Volksbank, Sparda Banken, Ethikbank, Evangelische Bank e.G.,...
France: Société Générale, Crédit Agricole, BNP Paribas.
Other: ING, Rabobank, Revolut.

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[-] huppakee@feddit.nl 6 points 1 week ago

Why is Revolut in the list with French banks, thought it was British? Also why only list Dutch banks behind others? Was the Netherlands too many letters? Thanks for the update though :))

[-] cyrano@lemmy.dbzer0.com 3 points 1 week ago

Revolut has Estonian banking license. I do t think they have any banking license in uk.

[-] boonhet@sopuli.xyz 3 points 6 days ago

Lithuanian actually

[-] cyrano@lemmy.dbzer0.com 1 points 6 days ago

Thanks for the correction

[-] huppakee@feddit.nl 4 points 1 week ago

They are a British company, they have a license there.

https://en.wikipedia.org/wiki/Revolut

[-] cyrano@lemmy.dbzer0.com 2 points 5 days ago

Still not finalized https://on.ft.com/4mjoNwq

But it is yet to gain authorisation to operate as a fully fledged bank in the UK.

After a three-year process, its application for a UK banking licence was approved last year, with restrictions imposed until it met conditions set by regulators. But, 12 months later, Revolut still faces restrictions on lending in the UK.

The licence approval triggered a “mobilisation” stage during which time Revolut’s banking division has been allowed to accept deposits of only £50,000 while the company builds out its IT infrastructure, risk controls, compliance functions and other systems.