Everything you need to know about Revolut Business banking

We sat down with Pierre Cahuzac, our Head of Product for Revolut Business, to understand what makes us different from other banks and how we simplify finance for companies worldwide.

Keep reading to find out what he told us, and learn everything you need to know about banking with us.

Listen to the full podcast on YouTube.

What is Revolut Business?

Revolut Business is a business bank account designed for companies of all sizes, from startups to enterprises. It lets you move money, manage team spend, and accept payments, with accounting software integrations that simplify your finance workflows.

Here's a quick breakdown:

• We're a fully licensed UK bank, authorised by the Prudential Regulation Authority (PRA), and regulated by both the PRA and the Financial Conduct Authority (FCA)
• We offer 4 plans, starting from £10 per month. Get started with the essentials, or choose a higher plan to unlock more features and allowances depending on your business needs
• You can hold and exchange 25+ currencies, make transfers to 150+ destinations, and manage cards, expenses, and bills in one place
• It takes 10 minutes to apply for an account, and you can be up and running within 24 hours of approval
• Over 800,000 companies worldwide trust us with their business finances. We're rated 4.9/5 on the App Store, 4.7/5 on Google Play, and 4.7/5 on Trustpilot

Who is Revolut Business for?

Revolut Business is designed for a wide range of companies. What you'll value most depends on your company's size.

For smaller businesses, we solve a common challenge that many companies face. According to our Head of Product, Pierre Cahuzac: "We hear often that businesses are tired of dealing with different partners for different aspects of their financial lives."

Revolut Business addresses that by bringing payments, currency exchange, expense management, bill automation, and savings into one platform, available on both mobile and web.

If you run a larger business, depth matters as much as breadth. With access to custom spend controls, approval rules, bulk payments, and accounting software integrations, you can manage complex operations as your business grows.

Pierre explains that many of these tools were once out of reach for smaller teams: "We're building features that are very sophisticated and were usually only for larger companies. We've made them available so that even smaller businesses can access these automations."

Revolut Business is a particularly strong fit for your company if you:

• deal in multiple currencies or pay international suppliers regularly
• need to issue cards to your team, while keeping transactions on policy with spend controls
• want a comprehensive solution to manage payments, currency exchange, bills, and expenses
• need accounting software integrations to connect to tools like Xero, QuickBooks, or Sage

To open an account, your company needs to be fully set up and registered, and not operating in an unsupported industry. If you're a sole trader or freelancer, Revolut Business isn't available to you, but you may be eligible for Revolut Pro instead.

What do I get with a Revolut Business account?

Payments and transfers

You can receive and hold payments in 25+ currencies, and send transfers to 150+ destinations in 35+ currencies. If your business is registered in the UK, you'll get a sort code and an account number for easy local transactions, as well as global details for international payments.

You can also set up Direct Debits, generate invoices, and make bulk payments to up to 1,000 suppliers or employees in a few clicks. And with Revolut Pay, you can accept payments from our 70+ million customers.

Spend management and expenses

Revolut Business provides the tools you need to manage spend both before and after it happens.

You can issue physical and virtual cards to your team, set custom spending rules per card or per person, and see all transactions in real-time. Approval workflows ensure the right people sign off on spend, without slowing your team down.

Pierre remembers how complex managing expenses was before having these tools: "I would often postpone it just because I didn't want to upload the receipt — scan it, take the picture, wait for the thing to load. Everything was so slow and painful."

With Revolut Business, submitting and reconciling expenses is simple. Your team just snaps a photo of the receipt, and we'll automatically match it to the right transaction.

Our expense management tools also connect with the accounting tools you already use, including Xero, QuickBooks, and SageHR. That means you can sync your records and keep your books up to date without the manual work.

Bill payments

Revolut BillPay automates the process of paying bills from start to finish. What used to be a tedious process is now a one-step approval.

Pierre outlines how it works: "If you receive a bill, you'll receive an email. It'll automatically create a draft payment with everything filled in. You get a push notification, you click on it, you approve. The payment will be scheduled for when the bill is due. And once it's paid, it'll be automatically reconciled with your accounting software."

If you have multiple bills to pay, you can upload them at once and review all the draft payments together, with your spend controls applied throughout.

Currency exchange

Our multi-currency accounts let you hold 25+ currencies and exchange between them at the interbank rate (within your plan's monthly no-fee allowance, during market hours), saving you money on every transaction.

To manage currency risk, you can set up Stop and Limit orders to exchange automatically when rates hit your target.

Savings

With our savings accounts, you'll earn interest on your spare cash, paid daily. Most banks make you wait weeks, months, or years for interest payments to land, but with us, you'll see your balance grow every single day.

Open a savings account in minutes, add money when you want to, and withdraw anytime with no fees or minimum balances.

Available on our Grow, Scale, and Enterprise plans. Interest rates depend on your plan. T&Cs apply.

What plans does Revolut Business offer?

We offer 4 plans, designed to grow with your business. All plans include multi-currency accounts, physical and virtual cards, and access to the mobile and web app. View each plan in more detail on our plans and pricing page.

Business T&Cs apply to all plans.

Is Revolut Business a bank in the UK?

Yes. In March 2026, the Prudential Regulation Authority (PRA) lifted all restrictions on our UK banking license, and Revolut Bank UK Ltd launched as a fully authorised bank. We're now supervised by both the PRA and the Financial Conduct Authority (FCA).

How does Revolut Business keep my money safe?

As a bank, we're able to offer protection on your eligible deposits up to £120,000 under the Financial Services Compensation Scheme (FSCS).

Beyond FSCS deposit protection, there are multiple security layers built into your Revolut Business account. Our AI algorithms swiftly block high-risk transactions and suspicious activity. Plus, count on 2-factor authentication for sensitive transactions, and 3D Secure for card payments.

You can freeze cards instantly, choose your preferred sign-in method, manage your devices, and block or trust specific merchants, all from your security settings in-app.

If you see any suspicious activity on your account, you can reach our support team directly in-app, 24/7. Find out more about how we keep your money safe.

How do I open a Revolut Business account?

It only takes about 10 minutes to apply for an account. Here's what the process looks like:

1. Fill out a short online form
2. We'll review your application and may reach out for more information
3. Once approved, we'll set up your account. Then you'll be ready to choose your plan, add money, and issue cards

During the application process, you'll need to verify both your identity and your business. Here's what we'll typically ask for:

• Identity verification: video selfie, national ID, or residence permit
• Certificate of incorporation or registration for your business
• Proof of your business activity: this could be a website, a supplier contract, or a sales invoice with a matching bank statement
• Proof of your operating address
• A document listing all directors and shareholders with more than 25% ownership

We aim to review your information within 24 hours after you submit it, though this can vary depending on the complexity of your application.

Learn more in our guide to getting started.

Go beyond business as usual

Cut costs, save time, and grow your business with all the finance tools you need under one roof. Select Open an account below to get started.