Is a Local Bank Account Required for Refunds?
You do not need to have a bank account in your assigned country to receive refunds through Nuvoni.
Instead, Nuvoni utilizes the European SEPA (Single Euro Payments Area) scheme, which allows for transactions across participating European banks.
If your bank is part of the SEPA system, you can receive your refunds directly into your European bank account, regardless of where it is based. This flexibility ensures that you can manage your finances efficiently without being restricted to local banking options.