Revolut Business is an all-in-one business account designed for companies in the United Kingdom and internationally that need to operate in multiple currencies, send and receive international payments efficiently, and manage team expenses from a single platform — including access to UK account details (sort code and account number), multi-currency accounts, and international payment infrastructure.
It is primarily aimed at SMEs, startups, and digital-first companies working with suppliers or clients abroad and looking to reduce banking friction and hidden costs.
The service combines a multi-currency account, corporate cards, expense management tools, accounting integrations, and foreign exchange functionality, all managed via mobile app and web dashboard. The real cost depends not only on the subscription plan, but also on FX allowances, transfer usage, and card activity — so selecting the appropriate plan is important.
In this review, we analyse Revolut Business in the UK market context, focusing on companies registered in the United Kingdom. We explain how it works, the real costs involved, the advantages compared to traditional banking, and situations where it may not be the best fit. We also include the active welcome promotion of £100, with its conditions clearly explained.
Quick note: Services are provided by Revolut Bank UK Ltd, a fully licensed UK bank authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. More information at www.revolut.com/business
At a glance
Revolut Business — quick summary
Best for
- UK SMEs with international activity (EU suppliers, GBP/EUR/USD invoicing, multi-currency cash flow)
- Teams that need corporate cards with spend controls (limits, permissions, approvals)
- Businesses looking for fast onboarding and fully digital finance management
- Companies that benefit from accounting integrations (Xero, QuickBooks, Sage, etc.)
*Subscription fees apply and additional fees may apply. Feature availability may depend on plan selection.
Not ideal for
- Businesses that require loans, overdrafts or traditional credit products
- Companies that frequently handle cash or cheques
- Those who prefer branch-based banking or phone-first support
- Very large international trading operations where advanced hedging desks are the primary need
Key strengths
- Multi-currency account built for real operations (hold, convert and send 30+ currencies)
- UK account details (sort code and account number) for UK-registered businesses
- Up to 3 Physical and 50 virtual cards for each team member with granular controls
- Integrated expense management and approvals (especially strong on Grow and Scale plans)*
- Clear subscription structure that scales with FX, transfers and team usage
- Eligible deposits protected under the Financial Services Compensation Scheme (FSCS)*
*FSCS protection eligibility and limits apply.
Main drawbacks
- Some lending products and advanced banking services are still expanding in the UK
- Real cost depends on exceeding FX allowances, out-of-hours FX and additional transfers
- Customer support is primarily digital (in-app)
Bottom line
Revolut Business is a strong operational account for digital and internationally active UK companies that need modern payment and expense tools. It does not fully replace a traditional bank if you require complex financing or heavy cash handling, but it works well as a primary operating account for many SMEs and startups.
Active promotion
Open a Revolut Business account and receive a £100 welcome bonus
- Valid for new business customers in the United Kingdom
- Minimum deposit: £0.01
- Complete registration and fund the account before 31 December 2026
- You must register through the promotional link to qualify
- Fees, promotion terms and T&Cs apply.
What is Revolut Business and who is it for?
Revolut Business is Revolut’s dedicated business account solution, built for companies that want to manage payments, expenses, currencies, and team access in a single digital platform. It is not just a bank account for sending and receiving money — it combines multi-currency banking, corporate cards, expense controls, accounting integrations, and automation tools in one interface accessible via web and mobile.
In the United Kingdom, Revolut Business is provided by Revolut Bank UK Ltd, a fully licensed UK bank authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA.
For UK-registered businesses, this means access to:
As of March 2026, new UK customers are onboarded directly to Revolut Bank UK Ltd, while some existing users are still being migrated in phases from Revolut Ltd.
What does Revolut Business allow a company to do?
At a practical level, a Revolut Business account enables you to:
The platform is designed for businesses where speed, transparency, and control matter more than traditional banking services like cash handling or complex lending facilities.
*Subscription fees apply and additional fees may apply. Feature availability may depend on plan selection.
Revolut Business vs Revolut Personal vs Revolut Pro
It’s common to confuse the different Revolut products:
| Product | Designed for | Purpose |
|---|---|---|
| Revolut Personal | Individuals | Everyday personal banking, travel and payments |
| Revolut Pro | Freelancers / sole traders | Simple invoicing and payments linked to a personal account |
| Revolut Business | Companies & registered businesses | Full business account with multi-user access, corporate cards and accounting tools |
If you run a registered company, have employees, or process recurring business payments, Revolut Business is the appropriate product.
Freelancers and sole traders without a company structure are typically directed to Revolut Pro instead.
ℹ️ Looking for a personal account instead? Read our detailed Revolut review to learn more about Revolut Personal.
Who can open a Revolut Business account in the UK?
Revolut Business is generally available to:
Typically not supported:
- Certain charities, NGOs and public institutions
- Certain high-risk industries (depending on internal policies)
During onboarding, Revolut usually requests standard verification documents such as company registration details, director identification and proof of business activity.
Check if your company is eligible and claim the £100 welcome bonus
Plans & pricing of Revolut Business in the UK (2026)
Revolut Business uses a subscription model: you pay a monthly fee and receive included allowances for FX conversions, transfers, cards, and business tools.
The real cost depends less on the subscription itself and more on how your company uses those allowances — especially currency exchange and payment volume.
In the UK, four plans are available: Basic, Grow, Scale and Enterprise.
Basic — £10/month
Designed for small businesses or newly established companies with limited activity.
Includes:
Good if:
- You invoice mostly locally
- You have few international payments
- You run a small team
Grow — £35/month
Aimed at active SMEs with regular international activity.
Everything in Basic, plus:
Typical sweet spot for many companies
This is often the best balance between pricing and functionality for growing businesses.
Scale — £125/month
Built for companies moving higher volumes across borders.
Includes all Grow features, with higher limits:
Best for:
- Larger teams
- Frequent supplier payments abroad
- Multi-currency cashflow businesses
Enterprise — custom pricing
For large organisations needing negotiated limits and dedicated account management.
Includes:
What actually determines the real cost
Regardless of plan, total cost is driven by usage:
- FX above monthly allowance → markup applies
- Weekend FX conversions → additional markup
- Transfers beyond included limits → per-transfer fee
- SWIFT intermediary bank fees → external to Revolut
- Payment acceptance fees → additional merchant processing costs
Because of this, choosing the correct plan for your operational volume is usually more important than choosing the lowest monthly fee.
Promo note
Open a Revolut Business account and receive £100
- New business customers only
- Minimum deposit: £0.01
- Valid until 31 December 2026
- You must register through the promotional link
- Subscription fees, Promotion and Business T&Cs apply
Key features (real-world usage)
Revolut Business is primarily used as an operational account — paying suppliers, managing team spending, and handling multi-currency cashflow — rather than as a traditional financing bank.
Below are the features UK companies typically rely on day-to-day.
Multi-currency account & UK account details
Revolut Business allows companies to hold and operate in 30+ currencies from a single account.
For UK-registered companies, the account includes local UK account details for GBP payments, alongside EUR and international account capabilities.
This helps avoid common friction such as rejected direct debits, payment delays from local clients, accounting complications and issues with domestic supplier or payroll payments.
You can also receive and send payments using:
Typical use cases:
- invoicing UK clients in GBP
- invoicing EU clients in EUR
- receiving USD payments from international partners
- paying suppliers abroad without forced conversions
You can keep balances in different currencies and convert only when needed.
Transfers & payments
Revolut Business supports the payment types most UK companies need:
Transfers within your plan allowances and during market hours have no additional Revolut fee.
International SWIFT payments may include intermediary bank costs outside Revolut’s control.
Team cards (physical & virtual)
Companies can issue cards to employees within minutes.
Features include:
Virtual cards are commonly used for:
- SaaS subscriptions
- advertising platforms
- recurring online payments
- fraud risk reduction
Expense management & approvals
Feature availability depends on plan selection. Additional fees may apply.
Revolut Business includes built-in expense management tools:
For many SMEs, this replaces manual spreadsheets and simplifies monthly bookkeeping.
Integrations & automation
Feature availability depends on plan selection. Additional fees may apply.
The platform integrates with common accounting and business tools:
These enable:
- automatic reconciliation
- export of expenses and transactions
- reduced manual accounting work
- faster monthly financial closing
The API is especially useful for marketplaces, SaaS platforms, and tech-driven companies that automate payments or card issuance.
Accepting payments (merchant tools & pricing)
In addition to managing money and expenses, Revolut Business also allows UK companies to accept payments from customers — online and in person.
This makes it closer to a payment processor + business account combined, rather than only a bank account.
(Transaction fees apply depending on payment method and volume.)
Revolut Pay
Revolut Pay lets customers pay directly from their Revolut app without entering card details.
Key advantages
Typical use cases:
- e-commerce
- digital services
- subscriptions
- invoices paid by consumers in the UK and Europe
Online payments
UK businesses can accept online payments via:
Funds are deposited directly into the Revolut Business account and can immediately be used for transfers, FX, or operational expenses.
In-person payments
Revolut offers physical payment acceptance tools:
This is useful for retail, events, service businesses, and mixed online/offline merchants.
For high-volume brick-and-mortar stores with complex till or accounting integrations, a traditional POS provider may still be preferable.
Payment acceptance pricing (UK)
Pricing depends on payment method and card type. Typical starting fees:
Online payments
- from 0.8% + £0.02
- payment acceptance fees start from 0.8% + £0.02
- Revolut Pay may offer lower fees depending on transaction type and plan
- Exact pricing depends on payment method, card type, and merchant setup
In-person payments
- Payment acceptance fees start from 0.8% + £0.02
- Pricing varies depending on payment method and card type
Other details:
- refunds processed without extra processing fee
- chargeback support included
- settlement typically within 24 hours
- Revolut Terminal / Lite Terminal, POS and Tap to Pay available
- Accept payments in 35+ currencies
This enables international sales without immediate currency conversion.
Currency exchange (FX) & treasury tools
Managing foreign currency is one of the main reasons companies in the UK choose Revolut Business over traditional banking.
The platform is designed not only to exchange money efficiently, but also to give businesses more control and predictability over international cashflow.
FX at interbank rates (within allowance)
Revolut applies the interbank exchange rate for conversions performed within your monthly plan allowance and during market hours.
Indicative monthly FX limits:
Why this matters:
- avoids hidden bank spreads
- improves margin predictability
- reduces international operating costs
Once the allowance is exceeded, a markup applies.
Note: Conversions outside market hours (typically weekends) may include an additional markup.
Multi-currency balances
You can hold balances in 30+ currencies within one account.
This allows you to:
In practice, this reduces unnecessary FX conversions and improves treasury efficiency.
Limit & stop orders (rate control)
Available on Grow plans and above:
- Limit orders — convert when the exchange rate reaches your target
- Stop orders — protect against adverse currency movements
These tools are intended for operational cashflow management rather than speculation.
FX forwards (hedging)
Eligible companies can access FX forward contracts.
This allows businesses to lock in an exchange rate for a future date, helping protect profit margins and improve planning for supplier payments, contracts, or future international expenses.
Typically, this requires a minimum transaction size, a margin deposit, and an eligibility assessment.
Fees and T&Cs apply.
Day-to-day treasury management
Beyond FX itself, Revolut Business helps companies manage liquidity more efficiently through:
- real-time balances per currency
- scheduled payments
- recurring transfers
- accounting integrations for reconciliation
For many SMEs, this reduces the need for multiple bank accounts or manual spreadsheet-based treasury management.
How to open a Revolut Business account in the UK – Step-by-step + £100 welcome bonus
Requirements before starting
Prepare the following documents to avoid delays:
- Company details: Companies House registration number, certificate of incorporation, and registered business address
- Legal representative: Valid passport or driving licence and proof of residential address
- Proof of activity: Company website, invoices, contracts, or documents demonstrating legitimate business activity
Step-by-step guide
1. Access via the promotional link
Click the promotional link and verify that you are on the official Revolut Business UK page before starting the registration process.
ℹ️ Important: if you register through the standard process instead of the promotional link, you may not qualify for the £100 welcome bonus.
2. Complete company details
Select the United Kingdom as the country of incorporation, specify the company type (Ltd, LLP, etc.), and choose your initial plan (Basic, Grow or Scale).
3. Verification (KYC + KYB)
Revolut will verify:
- the legal representative
- any shareholder or beneficial owner holding more than 25% of the company
This process typically takes between 24 and 72 hours, depending on company structure and documentation.
4. Activation and minimum deposit
Once approved, make a minimum deposit of at least £0.01 (or local currency equivalent) from an external bank account before 31 December 2026.
5. Receive the £100 bonus
After all conditions are completed and verified, Revolut will credit the £100 welcome reward to your Revolut Business account.
According to the promotion terms, the reward is typically paid within several business days after the end of the promotion period.
Important eligibility conditions
The promotion is valid only for:
Sole traders and freelancers without an incorporated company structure are typically directed to Revolut Pro instead.
Subscription fees, Promotion Terms, and Revolut Business Terms & Conditions apply.
Who is Revolut Business for?
Revolut Business works best for digital-first companies that prioritise speed, international operations, and spending control.
Ideal business profiles
Important clarification
Revolut Business is designed primarily for incorporated businesses.
Freelancers and sole traders without a limited company structure are typically directed to Revolut Pro, which operates differently within the personal Revolut app.
Which plan should you choose?
Basic (£10/month)
Suitable for newly incorporated businesses with low transfer volume and basic operational needs.
Grow (£35/month)
The most balanced option for active SMEs using FX regularly, managing team expenses, and making international payments.
Scale (£125/month)
Best suited for larger teams, higher FX volumes, and businesses with frequent international supplier payments.
Security, safeguarding & regulation (UK)
When a company chooses a business account, one of the main concerns is what happens to the funds if something goes wrong.
For Revolut Business in the UK, protection depends on the legal entity providing the account and the UK banking framework under which it operates.
Is Revolut Business regulated in the UK?
Yes.
As of March 2026, Revolut Bank UK Ltd is a fully licensed UK bank.
It is:
- authorised by the Prudential Regulation Authority (PRA)
- regulated by the Financial Conduct Authority (FCA) and the PRA
This means Revolut Business in the UK operates under the same regulatory framework as other authorised UK banks.
New UK customers are onboarded directly to Revolut Bank UK Ltd.
UK account details & banking infrastructure
UK businesses receive local GBP account details for domestic payments, alongside international and multi-currency account capabilities.
Customer account details, cards, and the app experience remain the same during migration to the UK banking entity.
Revolut Business supports:
FSCS protection in the UK
Eligible deposits held with Revolut Bank UK Ltd are protected by the Financial Services Compensation Scheme (FSCS).
This is an important distinction from traditional e-money safeguarding models.
Historically, Revolut operated mainly through safeguarded e-money accounts in the UK. With the transition to a fully licensed UK bank, eligible deposits for bank accounts now benefit from FSCS protection instead.
Some existing customers may still temporarily remain under the safeguarding structure while migrations continue in phases.
Are all services covered?
Not all Revolut products fall under the same regulatory structure.
Certain services may be provided by separate Revolut entities, including:
- crypto services
- stocks and commodities
- certain investment products
Some savings products may also be provided through partner banks with separate FSCS protection limits.
Companies should review onboarding and product documentation carefully to understand which entity provides each service.
Operational security features
Revolut Business includes multiple layers of operational security.
Account-level security
- Two-factor authentication
- Biometric login
- Device management
- Real-time alerts
Payments & cards
- Spending limits per user
- Merchant category restrictions
- Instant freeze/unfreeze
- Virtual cards for online payments
Company controls
- Roles & permissions
- Payment approval workflows for grow, scale and enterprise plans
- Full audit history
Compliance checks (KYC & AML)
As a regulated UK bank, Revolut must apply strict compliance procedures, including:
- company verification
- beneficial owner identification
- transaction monitoring
- anti-money laundering (AML) controls
Some transactions or account activities may require additional documentation.
This is standard regulatory practice for UK and international financial institutions, rather than a platform-specific issue.
Real costs and potential “hidden” fees
Revolut Business pricing is transparent on the surface (monthly plan + limits), but the real cost depends heavily on how the account is used.
Below are the typical additional costs and how UK businesses can minimise them.
1. Exceeding the FX allowance
Each plan includes a monthly amount of currency exchange at the interbank rate.
Once exceeded, an additional markup may apply.*
2. Conversions outside market hours
Revolut applies an additional margin when currency markets are closed — typically during weekends.
This surcharge can apply even within your monthly allowance.
3. Transfers beyond included limits
After the number of free local or international transfers is exceeded, additional fees may apply depending on destination and payment type.
4. Intermediary bank fees (SWIFT)
For international SWIFT payments, intermediary banks may deduct charges outside Revolut’s control and not always predictable in advance.
5. Card usage and ATM withdrawals
Cash handling is not a core feature of Revolut Business.
ATM withdrawals are subject to daily and monthly limits and a 2% fee applies for every ATM withdrawal.
6. Payment acceptance fees
If you use:
- Revolut Pay
- payment links
- online checkout tools
- POS or terminal solutions
transaction and chargeback-related fees may apply depending on payment method and card type.
7. Choosing the wrong plan
One of the most common “hidden costs” is using a plan too small for your actual business activity.
This can lead to paying more in operational fees than the cost of a higher subscription tier with larger included allowances.
How to minimise costs
This is general information about Revolut Business and does not constitute financial advice.
Final verdict — Is Revolut Business worth it in the UK in 2026?
Yes — for many digital and internationally active businesses in the UK, Revolut Business is one of the most efficient modern business account solutions available.
Its strengths are clear:
For UK companies operating online, working with international clients or suppliers, or managing distributed teams, Revolut Business can realistically function as a primary operational account.
What you should keep in mind
Revolut Business is not a complete replacement for every traditional bank setup.
Some limitations still include:
- no full-scale traditional corporate lending ecosystem yet
- not designed for cash-heavy businesses
- support is primarily digital
- total cost depends heavily on selecting the correct plan for your usage
However, Revolut’s full UK banking licence significantly strengthens its position compared to previous years, especially regarding regulation, trust, and deposit protection.
Which plan makes the most sense?
Basic
Good for getting started, but smaller businesses may outgrow the included limits relatively quickly.
Grow
Likely the best balance for most UK SMEs with regular international payments and FX activity.
Scale
Well suited for larger teams, higher FX volumes, and businesses operating internationally at scale.
Enterprise
Relevant mainly for larger organisations needing custom limits, integrations, or dedicated account management.
Conclusion
If your business is digital-first, internationally active, and operates mainly without cash handling, Revolut Business is a strong option in the UK in 2026.
With the addition of a full UK banking licence and FSCS protection, it now offers a significantly stronger regulatory and trust framework alongside its existing strengths in FX, payments, and operational efficiency.
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