Revolut Business
Global business banking with multi-currency accounts and low FX fees
About Revolut Business
Revolut Business provides businesses with local account details in GBP, EUR, USD, and other currencies, enabling them to collect and hold money internationally without high conversion fees. Exchange rates are interbank with a small markup, making international transfers significantly cheaper than traditional banks. The platform includes corporate card issuance, spend controls, and automated expense management with receipt capture. API access allows businesses to automate payments and integrate banking into their products. Revolut Business is not a fully licensed bank in all regions, so deposit protection varies by country — an important consideration for larger balances. It is popular with SMEs, freelancers, and scale-ups operating across Europe and beyond.
Key Features
Pros & Cons
Pros
- • Significantly lower FX fees than traditional banks
- • Fast account setup — fully online in hours not weeks
- • Multi-currency holding avoids constant conversion
- • Modern interface and mobile app are best-in-class
Cons
- • Not a fully licensed bank in all regions — limited deposit protection
- • Customer support is chat-only and can be slow
- • Account freezes reported for unusual transaction patterns
- • Not suitable as a sole banking provider for large cash reserves
Best For
Quick Info
- Category
- finance
- Pricing Model
- Starting Price
- Free
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