To receive payments for each hire, you will have to fill in the bank details (IBAN and BIC) for the account that you wish to credit. Bank account funds cannot be debited, withdrawn or transferred using only IBAN and BIC account details. They are used solely to credit or transfer funds into bank accounts.
This information is secured and can be used solely to credit you. Please note if you decide to change bank accounts, you will have to contact us for security reasons.
IBAN stands for International Bank Account Number and is a number attached to all accounts in the EU countries plus Norway, Switzerland, Liechtenstein and Hungary. The IBAN makes it easier and faster to process cross-border payments. The number is made up of a maximum of 34 alphanumerical characters, which are structured as follows: Two letters representing the home country of the account-holding bank, two numbers that are a control key, and a maximum of 30 alphanumeric characters that identify the bank and the regular account number.
In the UK, an IBAN is made up of your sort code and account number in the following format:
GBxx bbbb ssss sscc cccc cc
x = Randomly generated numbers
b = BIC bank code
s = Sort code
c = Account number
We take your trust very seriously and encrypt all bank details that we receive. This means that once you have entered your IBAN on your account, you will not be able to change it, and not even the Yescapa team can see them.