One Place to Manage your Assets with Revolut Business
Learn How Revolut Business is making life easier for entrepreneurs, freelancers or companies no matter their size starting with a 100% free business account!
Revolut Business is one place to manage your business finances, with access to your account anytime, anywhere from the iOS or Android app or using the browser portal. Whether you’re a start-up, small or large business, they’re rewriting the rules of business so their customers can grow locally or globally. Also by law and under regulation, with Revolut Business your money is safeguarded by licensed banks!
Company Eligibility
To open a Revolut Business account your business must be registered with a physical presence in the following countries within the European Economic Area (EEA) and Switzerland or US.
Account opening requirements:
- Name, address, ID photo and a selfie for an identity-check
- Business name, address and incorporation details
- A summary of the company’s location and what the business does
- Basic information regarding the company directors/shareholders – defined as someone who owns more than 25% in the business – (an identity check for these is also required, this can be submitted on their behalf or completed by them), requirement not needed for freelancers.
Business debit card for your company
Get physical & virtual cards for your team. Virtual cards live on your phone as digital debit cards which you can simply order in-app.
However big or small your team is, Revolut business cards got you covered. Spend securely with physical and virtual debit cards that you control. Set limits, track, freeze/unfreeze and decide where cards can be used. Expenses automatically remind staff to submit receipts; it’s bookkeeping made easy.
Stay secure online with virtual debit cards
Get added protection from online fraud with virtual cards – each team member can get up to 200. Perfect for tracking subscriptions and other online payments.
Manage and control your team’s spending in one place
Stay in total control of your team’s spending by managing their permissions and levels of access. Create custom roles and choose the combination of apps and features you want them to use.
Multi-currency account for your business
Exchange, send, and spend money at excellent rates in 30+ currencies.
You can receive, hold & exchange money in 30+ currencies worldwide with no hidden fees. Set up as many sub-accounts in each currency as you need to run your business.
FX Forwards. What is a forward contract?
Lock in your exchange rates up to 6 months in advance with forward contracts. A forward contract is a contract between you and Revolut Business that fixes a foreign exchange (FX) rate for a set amount of your chosen currency until an agreed date in the future.
International payments for your business
Domestic and international payments
Save money with local and global transfers at market leading rates. Track the status of your transfers in real time, directly in app, available across both our mobile and web apps.
Receive, hold and exchange money in 30+ currencies worldwide with no hidden fees. Set up as many sub-accounts in each currency as you need to run your business.
You can send money to 100+ countries in 30+ currencies with Revolut Business. Where you can send money depends on where you’re sending from, the currency you want to send, and where you’re sending to.
Simplify salaries with powerful Payroll
Effortlessly customise employee pay, save time with automatic calculations, and much more. Get started quickly with a simple setup, then easily add team members, fill in basic details, and set pay schedules. No spreadsheets in sight. Adding employee details, making tax calculations and paying salaries is effortless. No need to switch to other software – it’s all in one place.
Accept payments easily from anywhere
Get fast payment processing with online and in-person payment systems. Get great rates for accepting payments with no commitment. You’ll only be charged per transaction, with fees starting from 0.8% + £0.02. Accept payments in up to 28 currencies into dedicated currency accounts.
Request payments from anyone, anywhere
Use payment links to get paid easily without sharing your account details, wherever you are in the world.
E-commerce payments gateways directly from your website
Create a smoother checkout experience for customers, keep costs down and customer satisfaction high and integrate plugins to start accepting payments in minutes with integrations for Woocomerce, Magento, Prestashop, OpenCart and BigCommerce.
