Opening a Revolut Business account is a fully digital process that can often be completed in less than an hour, although verification and approval may take longer depending on your company structure and the documents provided.
Designed for startups, SMEs, ecommerce businesses, agencies, and internationally active companies, Revolut Business combines a multi-currency account, international payments, corporate cards, expense management tools, and accounting integrations in a single platform.
Unlike many traditional business banks, there is no need to visit a branch or complete lengthy paperwork. The entire application process can be completed online from your computer or smartphone.
In this guide, we’ll walk you through the exact steps required to open a Revolut Business account, explain the documents you’ll need, highlight common reasons applications are delayed, and show you how to get up and running as quickly as possible.
Current Revolut Business Welcome Offer
Eligible new customers may currently receive a £100 / €200 / €100 welcome bonus when opening a new Revolut Business account.
Sign up and add money to your account by 31/12/2026 to receive the welcome bonus. Fees, promotion terms and T&Cs apply.
For new customers in the UK.
For new customers in Spain, Italy and Portugal.
For new customers in the CEE countries:
Bulgaria, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia
Quick Answer
Opening a Revolut Business account typically involves the following steps:
Most applications are reviewed within 24–72 hours, although more complex business structures may require additional checks.
Who Can Open a Revolut Business Account?
Revolut Business is generally available to:
The platform is designed primarily for incorporated businesses rather than individuals.
Planning to open a Revolut Business account?
New eligible customers may currently qualify for a £100 welcome reward. T&Cs apply.
Is your company registered in an EU country? View the Revolut Business welcome offer of up to €200 for EU companies.
Who Should Consider Revolut Pro Instead?
If you operate as a freelancer, contractor, or sole trader without a registered company, Revolut Pro may be a more suitable solution.
Revolut Pro is designed for self-employed professionals and operates differently from Revolut Business.
What Do You Need Before You Apply?
Preparing the required information in advance can significantly speed up the approval process.
Company Information
You’ll typically need:
Director or Legal Representative Information
Revolut will usually require:
Proof of Business Activity
Depending on your business type, Revolut may request evidence that your company is actively operating.
Examples include:
Shareholder and Ownership Information
You may also need information about:
Particularly if ownership exceeds certain thresholds or involves multiple entities.
Before applying, read our full Revolut Business review for a closer look at its features, fees, advantages and potential limitations.
How to Open a Revolut Business Account: Step-by-Step
Once you’ve gathered the required documents, opening a Revolut Business account is relatively straightforward. The entire process is completed online and typically takes between a few minutes and a few days, depending on your company structure and verification requirements.
Before You Start
To qualify for the current £100 welcome offer, make sure you begin your application through the promotional link and review the latest eligibility requirements. T&Cs apply.
Is your company registered in an EU country? View the Revolut Business welcome offer of up to €200 for EU companies.
Step 1: Visit the Official Revolut Business Website
Start your application through the official Revolut Business registration page.
If you’re using a promotional offer, make sure you access Revolut through the correct promotional link. Registering through a standard signup page may make you ineligible for certain welcome bonuses.
Before You Continue
Make sure you have:
Having everything ready can significantly reduce approval times.
Step 2: Select Your Country and Business Type
Choose the country where your business is registered and select the appropriate company structure.
Examples may include:
The information and features available may vary depending on your country of registration.
Step 3: Create Your Account
You’ll be asked to provide:
Once submitted, Revolut will create your Business profile and guide you through the remaining onboarding steps.
Step 4: Enter Your Company Information
Next, you’ll need to provide details about your business.
This typically includes:
Be as accurate as possible when describing your business activity, as this information forms part of Revolut’s compliance review process.
Step 5: Verify Your Identity
As a regulated financial institution, Revolut must verify the identity of company directors and authorised representatives.
You’ll usually need to:
This process is normally completed within minutes.
Step 6: Verify Your Business
Revolut may request additional documentation to confirm that your company is legitimate and actively operating.
Examples include:
Not every applicant will be asked to provide the same documents.
The exact requirements depend on your business type, country, ownership structure, and industry.
Step 7: Wait for Approval
After submitting your application, Revolut’s compliance team will review the information provided.
Approval times vary, but many applications are reviewed within:
- 24 hours
- 48 hours
- 72 hours
More complex ownership structures or regulated industries may require additional checks and documentation.
If further information is required, Revolut will contact you through the app or by email.
Step 8: Fund Your Account
Once approved, you can make your first deposit and begin using your Revolut Business account.
You can typically fund your account via:
Depending on the promotion available in your country, you may also need to meet certain funding requirements to qualify for a welcome bonus.
Step 9: Start Using Revolut Business
After activation, you’ll gain access to the full Revolut Business platform.
You can immediately:
At this stage, your account is fully operational and ready for day-to-day business use.
Ready to Get Started?
The application process can often be completed online in minutes.
T&Cs apply.
Is your company registered in an EU country? View the Revolut Business welcome offer of up to €200 for EU companies.
How Long Does Revolut Business Approval Take?
One of the most common questions businesses have during the application process is how long Revolut takes to approve a new Business account.
The answer depends on your company structure, industry, and the documents submitted during onboarding.
Typical Approval Times
In many cases, Revolut Business applications are reviewed within:
- 24 hours
- 48 hours
- 72 hours
Simple business structures with complete documentation are often approved more quickly.
For example, a newly incorporated limited company with a straightforward ownership structure and a clear business activity may receive approval within a day or two.
Why Some Applications Take Longer
Additional reviews may be required if:
- Your company has multiple shareholders
- The ownership structure is complex
- The business operates internationally
- Additional compliance checks are needed
- Revolut requests further documentation
This is a normal part of the verification process and does not necessarily indicate a problem with your application.
What Happens During the Review Process?
Revolut’s compliance team typically reviews:
- Company registration information
- Identity documents
- Shareholder and beneficial ownership details
- Business activity
- Industry classification
- Regulatory and compliance requirements
As a regulated financial institution, Revolut is required to perform these checks before activating a Business account.
How to Speed Up Approval
To help avoid delays:
The majority of delays occur when information is incomplete, inconsistent, or difficult to verify.
What If Your Application Is Still Pending?
If your application remains under review for longer than expected, check your email inbox and the Revolut Business dashboard for any requests for additional information.
In many cases, approval can proceed quickly once the requested documents have been submitted.
For businesses with more complex ownership structures or regulated activities, additional review time may be required.
Why Revolut Business Applications Get Rejected
Most Revolut Business applications are approved successfully. However, as a regulated financial institution, Revolut must comply with strict verification and anti-money laundering (AML) requirements.
If an application cannot be verified or does not meet Revolut’s eligibility criteria, it may be delayed or rejected.
Below are some of the most common reasons.
1. Incomplete or Incorrect Information
One of the most common causes of delays and rejections is inconsistent information provided during the application process.
Examples include:
- Incorrect company registration number
- Mismatched company details
- Outdated business address
- Incomplete shareholder information
Even small discrepancies can trigger additional verification checks.
How to avoid this
Double-check all information before submitting your application and ensure it matches official company records.
2. Unable to Verify Identity
Revolut must verify the identity of directors, legal representatives, and, in some cases, beneficial owners.
Applications may be delayed or rejected if:
- Identity documents are expired
- Photos are unclear or cropped
- Selfie verification fails
- Personal information cannot be verified
How to avoid this
Use a valid government-issued identity document and upload clear, high-quality images.
3. Insufficient Proof of Business Activity
In some cases, Revolut may request evidence that your company is actively operating.
Examples include:
- Client contracts
- Supplier agreements
- Recent invoices
- Business website
- Ecommerce store
- Marketplace profile
If sufficient evidence cannot be provided, the application may not proceed.
How to avoid this
Have supporting documents ready before applying, particularly if your business is newly established.
4. Complex Ownership Structures
Applications involving multiple shareholders, holding companies, trusts, or overseas entities often require additional review.
This does not automatically mean the application will be rejected, but it may increase approval times.
How to avoid delays
Provide complete ownership information and be prepared to submit additional documentation if requested.
5. Restricted or High-Risk Industries
Like most financial institutions, Revolut may restrict or limit certain industries based on internal policies and regulatory requirements.
Examples can include:
- Certain financial services
- Gambling-related activities
- High-risk investment businesses
- Certain regulated sectors
Eligibility requirements may change over time.
How to check
Review Revolut’s current eligibility requirements before submitting your application.
6. Previous Revolut Business Account Issues
Applications may receive additional scrutiny if:
- The company previously held a Revolut Business account
- A previous account was closed due to compliance concerns
- There are unresolved issues linked to the business or its owners
7. Compliance and Regulatory Concerns
As part of its AML and compliance obligations, Revolut may decline applications that present risks it cannot adequately assess or verify.
In many cases, Revolut is unable to provide detailed explanations for compliance-related decisions.
This is standard practice across the banking and financial services industry.
What Should You Do If Your Application Is Rejected?
A rejection does not always mean you cannot use Revolut in the future.
Depending on the reason, you may be able to:
If the rejection relates to business eligibility or compliance requirements, additional information may be required before a new application can be considered.
Application Checklist Before You Apply
Before starting your application, make sure you have:
Completing this checklist before applying can significantly improve your chances of a smooth approval process.
What Happens After Your Revolut Business Account Is Approved?
Once your application has been approved, you can immediately start using your Revolut Business account.
Depending on your country, plan, and business type, you’ll gain access to a range of tools designed to help manage payments, expenses, currencies, and day-to-day financial operations.
Access Your Business Dashboard
After approval, you’ll be able to log in via:
- The Revolut Business web dashboard
- The Revolut Business mobile app
From there, you can manage accounts, payments, cards, team members, and integrations from a single interface.
Receive Your Account Details
One of the first things you’ll want to do is review your account details and start receiving payments.
Businesses in the UK and several other countries (France, Ireland, Lithuania, Netherlands, Romania and Spain) can access local account details, making it easier to receive domestic payments from customers, suppliers, and partners.
This can be particularly useful for companies that primarily operate within their local market while also managing international transactions.
Create Multi-Currency Accounts
One of the most popular Revolut Business features is the ability to hold and manage multiple currencies from a single account.
Depending on your business needs, you can:
This can be particularly useful for ecommerce businesses, agencies, SaaS companies, and businesses working with international clients or suppliers.
Order Physical and Virtual Company Cards
You can issue company cards to yourself and your team directly from the dashboard.
Available options typically include:
Virtual cards are especially popular for:
- Software subscriptions
- Online advertising platforms
- Vendor payments
- Fraud protection
Invite Team Members
Depending on your plan, you can invite employees, finance staff, and other team members to your account.
You can control:
This allows businesses to maintain oversight while giving employees the access they need to perform their roles.
Set Up Expense Management
Many businesses begin using Revolut Business for expense management immediately after onboarding.
Features may include:
These tools can help reduce manual administration and simplify bookkeeping. Expenses feature available on all plans for an additional monthly fee per team member. Approvals available on Grow plan and above.
Connect Your Accounting Software
Revolut Business integrates with a range of accounting platforms.
Depending on your market, available integrations may include:
Connecting your accounting software early can help automate reconciliation and reduce manual data entry.
Start Sending and Receiving Payments
After approval, your account is ready to use for day-to-day business operations.
Typical use cases include:
For many companies, this is the point where Revolut Business becomes their primary operational account.
First Things We Recommend Doing
After your account is approved:
Completing these steps early can help you get the most value from your Revolut Business account from day one.
Still considering it?
Eligible businesses may currently receive a £100 welcome bonus when opening a new Revolut Business account. T&Cs apply.
Is your company registered in an EU country? View the Revolut Business welcome offer of up to €200 for EU companies.
Frequently Asked Questions about How to Open a Revolut Business Account
Final Verdict: Is Opening a Revolut Business Account Worth It?
For many startups, SMEs, ecommerce businesses, agencies, and internationally active companies, opening a Revolut Business account is a relatively straightforward process that can often be completed entirely online within a few days.
Compared to traditional business banking, the onboarding process is generally faster, requires less paperwork, and can be completed without visiting a branch.
Once approved, businesses gain access to:
The platform is particularly well suited for companies that regularly work with international clients, suppliers, contractors, or multiple currencies.
Who Should Consider Opening a Revolut Business Account?
Revolut Business may be a good fit for:
Who Might Want to Consider Alternatives?
Revolut Business may not be the ideal solution for every company.
You may want to explore alternative providers if your business:
- Frequently handles cash deposits
- Relies heavily on cheque payments
- Requires extensive lending facilities or traditional corporate banking products
- Prefers branch-based banking and relationship management
In some cases, a combination of Revolut Business and a traditional business bank account may offer the best of both worlds.
Our Take
Opening a Revolut Business account is one of the easiest ways for a company to gain access to modern business banking tools, international payments, and multi-currency capabilities.
While approval is never guaranteed and additional verification may sometimes be required, most eligible businesses should find the application process relatively straightforward.
If you’re ready to get started, make sure you prepare your documents in advance, complete the application carefully, and review any available welcome offers before registering.
Open Your Revolut Business Account & Claim the £100 Welcome Bonus T&Cs apply.
Whether you’re launching a startup, growing an ecommerce business, or managing an international company, Revolut Business can typically be opened online in just a few steps.
Is your company registered in an EU country? View the Revolut Business welcome offer of up to €200 for EU companies.
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