One platform for all your business finances
Revolut Business
Learn MoreSign up with Revolut Business and unlock 1 month of a paid plan without subscription fees*
Sign up with Revolut Business and unlock 1 month of a paid plan without subscription fees*
Everything you need for business, in one place
Easy admin, at any scale
Wherever you are, Revolut Business are there too. With global support on web and mobile
Everything you need for business, in one place
Why Revolut Business?
Active in over 40 countries, and supporting payments to and from 100+ countries in over 25 currencies, hundreds of thousand of business already use Revolut Business.
One platform for all your business finances
Scale and save with global payments, multi-currency accounts and smarter spending
Pay and get paid, around the world
Securely transfer money across borders and access your funds fast in over 25 currencies
Stress free team spending
Use cards, expenses and analytics to get real financial control in a fraction of the time
Stay ahead of market movements
Discover new revenue streams, manage risk and plan for the future
Currency exchange with no hidden fees
Exchange money in 25+ currencies at competitive rates, with no hidden fees
Corporate spending cards that can do it all
Give your team spending freedom by issuing up to 3 physical and 2000 virtual cards to each team member for free. Cards can be used on Apple Pay and Google Pay
One app, all things business
Open an account today and unlock 1 month of a paid plan without subscription fees*
Revolut Business Pricing Plans
Fee-free local payments: a £0.20 fee applies per local transfer made outside of the free monthly allowance
Fee-free international payments: a £3 fees applies per international transfer made outside of the free monthly allowance
Foreign exchange rate, at the real exchange rate: a 0.4%* markup applies per exchange outside of the the free monthly allowance. Fees apply outside market hours
Companies pricing plans
Free
Account fee: Free
Fee-free local payments: 3
Fee-free international payments: 0
Foreign exchange rate: £0
Grow
Account fee: £25/month
Fee-free local payments: 100
Fee-free international payments: 10
Foreign exchange rate: £10,000
Scale
Account fee: £100/month
Fee-free local payments: 1,000
Fee-free international payments: 50
Foreign exchange rate: £50,000
Enterprise
Account fee: Custom
Fee-free local payments: Custom
Fee-free international payments: Custom
Foreign exchange rate: Custom
Companies pricing plans
Freelancer Pricing Plans
Free
Account fee: Free
Fee-free local payments: 5
Fee-free international payments: 0
Foreign exchange rate: £0
Professional
Account fee: £7/month
Fee-free local payments: 20
Fee-free international payments: 5
Foreign exchange rate: £5,000
Ultimate
Account fee: £25/month
Fee-free local payments: 100
Fee-free international payments: 10
Foreign exchange rate: £10,000
Freelancer Pricing Plans
How to create a Revolut Business account
Customers can open an account in less than 24 hours with online account management and 24/7 in app support
Eligibility criteria
Revolut Business is currently available for Private Limited Companies, Public Limited Companies, Limited Liability Partnerships, Limited Partnerships, Partnerships and Freelancers and Sole Traders who are registered and have a physical presence within the UK.
Certain industries are not supported.
Application process
To complete your application, you will need to provide information about you and your business:
Operating address confirmation
A short description about what your business does
Your intended usage for the account
Verification of your identity
Your Revolut Business plan selection
To open a Revolut company account, you will also need to provide:
Basic corporation details
Basic details about the shareholders and directors of your company. They will also need to carry out an identity check, or you an submit this on their behalf
If you are not a director or shareholder of the business you will need to provider Power of Attorney details
Customer identity check
You must be at least 18 years old and you will need to provide your name, address, a selfie and a photo of your ID. Revolut Business will accept any of the following, on the basis they are valid for at least 1 month from the date of application
National ID
Passport
Full driving license
If you're not a citizen of the country of your personal address, you will need to provide proof of your right to reside in the UK, for example your visa along with your national passport or a residence permit. This will need to be valid for at least 3 months from the date of application.
One app, all things business
Learn MoreSign up with Revolut Business and unlock 1 month of a paid plan without subscription fees*
Sign up with Revolut Business and unlock 1 month of a paid plan without subscription fees*
How to choose the right business bank account for your needs
If you run a small business, you will already know the importance of having a reliable and convenient bank account that suits your needs. With many options available, it can be difficult to know how to choose the best one for your business.
When comparing business bank accounts, consider the following factors:
• Fees and charges: How much will you pay for monthly account maintenance, transactions, ATM withdrawals, foreign currency conversions, overdrafts etc.?
• Interest rates: How much interest will you pay on your borrowing and how much will you earn on your balance?
• Features and benefits: What perks and services does the account offer, such as online banking, mobile app, debit card, credit card, cheque book etc.?
• Customer service: Is it easy to contact the bank and get support when you need it? How satisfied are their customers?
• Reputation and security: Does the bank have a good reputation and is it trustworthy? Will your money and personal information be safe with them?
Got questions about Revolut Business? Supacompare has you covered
Revolut Business is a bank in some regions they operate in, including the EEA (European Economic Area). Revolut Bank UAB holds a full banking license in Lithuania, allowing them to offer cross-border banking services to their business customers in the EEA.
But Revolut Business is not a bank everywhere yet, including in the UK. Revolut Business continues to work towards securing a UK Banking Licence. In the meantime, they offer UK Customers e-money services, and hold their customer's deposits securely in a third-party licenced bank.
Revolut does not offer FSCS protection in all markets, including the UK. However, every market that does not have FSCS protection does have safeguarding in place.
Revolut Business don't lend your money to others. When they receive a payment for your account, or you add money to it, they place the equivalent value of e-money in your account. They quickly either:
place the money into their ring-fenced accounts that we hold with large global banks (ring-fenced accounts are separate from their own money); or
invest the payment in low-risk assets held in a separate account with financial institutions.
Safeguarding helps protect you if they were to become insolvent. Safeguarding regulations make sure that once they have paid any costs related to an administrator or liquidator, they must repay you from our ring-fenced accounts before they repay any others they owe money to.
The law doesn't allow them to pay you interest, and the money in your account isn't covered by the Financial Services Compensation Scheme (FSCS).
No. As Revolut Business does not offer credit solutions they don't carry out credit checks.
The set-up time is typically within hours once all required information has been received.
You can access your account via mobile and web apps.
Revolut accounts do not currently support cash or cheque deposits.
Yes. There is a 2% fee on all ATM withdrawals.
*Subject to promotional offer terms and conditions.
Revolut Ltd is registered in England and Wales (No. 08804411), 7 Westferry Circus, Canary Wharf, London, England, E14 4HD and is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562). Revolut Travel Ltd is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: 780586). Our insurance products are arranged by Revolut Travel Ltd and Revolut Ltd, which is an appointed representative of Revolut Travel Ltd. Revolut’s stock trading products are provided by Revolut Trading Ltd (No. 832790), an appointed representative of Resolution Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority. Revolut Ltd is also registered with the Financial Conduct Authority to offer cryptocurrency services under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Revolut's commodities service is not regulated by the Financial Conduct Authority.
At Supacompare.com, whilst we always endeavour to provide accurate information about the products, services and pricing of the providers featured on our site, these are controlled by the providers and not Supacompare.com. As such, the information is subject to change and may differ slightly from the information above.