Overview
Revolut Business, at a glance.
Revolut Business is a bank headquartered in the United Kingdom, regulated by PRA, FCA, Bank of Lithuania. Business accounts cost from £10 a month. Opening an account takes 24 hours. Non-residents are accepted, but at least one director or owner must live in the UK, EEA or Switzerland, and the company needs a physical presence in the UK or EEA.
Eligible deposits in the UK business current account are protected by the Financial Services Compensation Scheme up to £120,000.
Why businesses pick Revolut Business
- A bank account: deposits are FSCS-protected up to £120,000
- Plans from £10 a month, with free transfers included in each plan
- Physical and virtual cards for every team member, with spending controls
- 24/7 support in the app
Watch out for
- The company must be registered in the UK or EEA and have a physical presence there
- At least one director or owner must live in the UK, EEA or Switzerland
- Outside your plan's allowance: £5 per international transfer and 0.6% on FX
- Does not support 25 industries, including crypto firms, gambling, charities and precious metals
Business fit
Will Revolut Business accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Revolut Business's published rules
Likely fit
Revolut Business lists both United Kingdom companies and Startups and SMEs as accepted.
Revolut Business does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Revolut Business publishes about the businesses it takes on.
Who Revolut Business serves
- Startups and SMEs
- E-commerce
- IT and software
- Professional services
Not supported
Industries and countries Revolut Business does not accept, from its own published lists.
Industries
- Weapons, defence, and armaments
- Adult content and services
- Auctions and fine art dealing
- Cannabinoids and controlled chemicals
- Unregulated or high-risk financial services
- Diplomatic or political entities
- Gambling and quasi-cash merchants
- Charities, foundations, trusts, and religious organisations
- Secondhand vehicles and heavy equipment
- Special purpose vehicles/entities
- Streaming and video game arcades
- Trading restricted/endangered animal or plant products
- Pyramid and get-rich-quick schemes
- Oil, gas, and certain industrial sectors
- Fake or counterfeit goods
- Precious metals and stone dealers
- Strategic-export-control and end-use-control chemical products
- Petroleum exploration, extraction, refining, transport and marketing
- Cryptocurrency exchanges, brokers and dealers
- Crypto ramp-up/ramp-down providers including crypto ATMs
- ICO providers where the coin can act as a share, voucher or payment method
- Crypto mining, investment or trading firms
- Crypto-asset and investment-management companies
- Unregulated custodial wallets
- Client-funds management or processing
Countries
- Not published
Coverage
Where can you use Revolut Business?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
25 currencies
Hold and receive · 25 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- CZK
- DKK
- HKD
- HUF
- ILS
- MXN
- NOK
- NZD
- PLN
- RON
- RSD
- SAR
- SEK
- SGD
- THB
- TRY
- ZAR
Pay out · 36 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- BRL
- CLP
- CNY
- COP
- CZK
- DKK
- HKD
- HUF
- IDR
- ILS
- INR
- KRW
- LKR
- MXN
- MYR
- NOK
- NPR
- NZD
- PHP
- PLN
- RON
- SAR
- SEK
- SGD
- THB
- TRY
- VND
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries31 countries · show list
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Iceland
- Liechtenstein
- Norway
- United Kingdom
Owner nationality
Not publishedOwner residency41 countries · show list
- United Kingdom
- Iceland
- Liechtenstein
- Norway
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- United States
- Australia
- Singapore
- India
- Gibraltar
- Guernsey
- Isle of Man
- Jersey
- Åland Islands
- St. Martin
Company types
Private and public limited companies, Limited liability partnerships, Partnerships, Sole traders
Pricing
What does Revolut Business cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
From £10
depends on plan
Basic
Lowest cost£10 per month
£0 setup · £120 in year one
Grow
£30 per month
£0 setup · £360 in year one
Scale
£90 per month
£0 setup · £1,080 in year one
Enterprise
Custom
Priced for each business
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Outgoing | ||
| SEPA | £5 | Fixed fee · After the free international transfers in your plan: 0 on Basic, 5 on Grow, 25 on Scale |
| Faster Payments (GBP) | £0.2 | Fixed fee · After the free local transfers in your plan: 10 on Basic, 100 on Grow, 1,000 on Scale |
| SWIFT / international | £5 | Fixed fee · After the free international transfers in your plan |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 0.6% | Percentage of the amount · Above your plan's monthly allowance (£1,000 on Basic, £15,000 on Grow, £60,000 on Scale); 1% outside market hours |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Free | No charge · Up to 50 per team member |
| ATM withdrawal | 2% | Percentage of the amount |
Onboarding
From application to live account.
Revolut aims to review a submitted application within 24 hours.
- 1
Sign up
Choose the company and its country of registration.
- 2
Identity check
A video selfie and ID for the person applying.
- 3
Company details
Registration documents, what the business does, its operating address, directors and owners of 25% or more.
- 4
Account live
Revolut reviews the application and activates the account.
Documents you need
- Video selfie
- National ID or residence permit
- Certificate of incorporation or registration
- Website, supplier contract, sales invoice with matching bank statement or other proof of business activity
- Proof of operating address
- Document listing all directors and major shareholders with 25%+ ownership
FAQ
Your questions, answered.
Is Revolut Business a bank?
In the UK, yes. The business current account is provided by Revolut Bank UK Ltd, authorised by the PRA and regulated by the FCA, reference number 981170. Eligible deposits are FSCS-protected up to £120,000.
How much does Revolut Business cost?
Basic costs £10 a month, Grow from £30 and Scale from £90. Each plan includes a number of free transfers and an FX allowance. Beyond those, a local transfer costs £0.20, an international transfer £5, and FX 0.6%.
Which companies can open a Revolut Business account?
Companies registered in the UK or the EEA with a physical presence there. At least one director or owner must live in the UK, EEA or Switzerland.
Which businesses does Revolut not accept?
Its unsupported industries include weapons, adult content, gambling, cannabinoids, charities and trusts, precious metals dealers, auctions, and crypto exchanges, miners and brokers.
How long does it take to open a Revolut Business account?
Revolut aims to review a submitted application within 24 hours. Complex cases can take longer.
Which currencies does Revolut Business support?
You can hold and receive 25 currencies and send international transfers in 36.
Alternatives
How Revolut Business compares.
If Revolut Business is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Revolut BusinessThis pageBank |   | Corporate cardsSpend controls |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
 AirwallexE-money institution |   | Global accountsOnline businesses |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
 WorldFirstE-money institution | | Marketplace sellersTrade payments |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.