Business fees

Business fees (Enterprise)

Business Plan Subscription (Enterprise)

Subscription

Subscription Fee

Subscription Type

Fee

Paid monthly

A$750 per month


Add money

From a bank

Transfer type

Transfer amount

Fee

AUD Transfers from bank accounts in Australia

Up to 1000 inbound and outbound transfers per month (the Enterprise Domestic Transfer Allowance)

A$0

Over the Enterprise Domestic Transfer Allowance

A$0.20 per transfer

International transfers (inbound)

Up to 50 inbound and outbound transfers per month (the Enterprise International Transfer Allowance**)

A$0*


Over the Enterprise International Transfer Allowance

A$10 per transfer*

* Note that intermediary and sending banks may also impose a charge on the sender.

** The Enterprise International Transfer Allowance excludes international transfers (inbound) in USD, GBP, EUR and CHF.

Cards

Cards fee

Revolut Card Type

Number of Cards*

Fee

Revolut Non-Metal Card

First Revolut Non-Metal Card per Authorised Team Member

A$0

Additional Revolut Non-Metal Card(s)

This includes any replacements for lost or stolen cards.


A$9.99 per card

Revolut Metal Card

First, second, third, and fourth Revolut Metal Card per Business Account

A$0**

Additional Revolut Metal Card(s)

This includes any replacements for lost or stolen cards.


A$79.99 per card

Virtual Revolut Card

Per virtual card

A$0

* The Business is limited to holding three physical Revolut Cards per Authorised Team Member.

** Fees may apply if a Business Account is cancelled or Business Plan is changed within 3 months of opening or change.


Spend

ATM withdrawals

ATM withdrawal type

Withdrawal amount

Fee

Revolut Card ATM Withdrawal

Any amount*

2% of the ATM withdrawal amount**


For example, withdrawing A$100 will incur a A$2 fee.

* The maximum amount of ATM withdrawals per day is limited to £3000 (or AUD/local currency equivalent).

** Please note that the ATM provider may still charge a fee to the Business for making an ATM withdrawal.


Send

Fiat Currency Transfers

Transfer Type

Number of Transfers

Fee

Transfers to other Revolut users

Any amount

A$0

AUD transfers to bank accounts in Australia

Up to the Enterprise Domestic Transfer Allowance

A$0

Over the Enterprise Domestic Transfer Allowance

A$0.20 per transfer

Foreign Currency Transfers to bank accounts and AUD Transfers to bank accounts outside of Australia

Up to the Enterprise International Transfer Allowance

A$0*

Over the Enterprise International Transfer Allowance

A$10 per transfer*

Automated Clearing House (ACH): Transfers to US bank accounts processed by the ACH network

Any amount **

0.2% of the transfer amount


Subject to a minimum charge of A$0.88


For example, transferring A$500 will incur a A$1 fee

* Note that intermediary and receiving banks may also impose a charge on the recipient.

** Transfers processed by the ACH network are not included in the Enterprise International Transfer Allowance.

Exchange

When a Business initiates a currency exchange in the Business app, we'll use a vaiable exchange rate, as set out in our Business Terms.

The exchange rates we offer do not include any fees within the rate of exchange. Rather, we apply a separate percentage-based fee as set out below, which is shown separately in the Business app whenever a currency exchange is made.


Exchange fees

Exchange type

Exchange amount

Fee

Fiat Currencies

Up to A$375,000 per monthly billing cycle (the Enterprise Exchange Allowance)

A$0

Any amount over the Enterprise Exchange Allowance

0.6% of the value of the exchange


For example, exchanging A$1000 over the Enterprise Exchange Allowance will incur a A$6 fee

Exchange fees applicable outside exchange market hours

An additional fee will apply to transactions made outside of exchange market hours. A transaction will be outside of exchange market hours if it is made between Friday 5pm and Sunday 6pm (New York time), which is a U.S. based time zone. For reference only, without taking into account daylight savings, the equivalent time period in Australia is approximately Saturday 7am to Monday 8am (AEST).

The Business will be able to see the relevant exchange rate and the total of any applicable fees prior to transacting.

Currency type

Exchange amount

Fee

Fiat Currencies

Any amount

1% of the value of the exchange


For example, exchanging A$500 outside exchange market hours will incur a A$5 fee.


Features

The Business may be charged for the use of certain product features by an Authorised Team Member as set out below.

The Business can disable an Authorised Team Member’s access to certain product features in the Business app at any time. If product features are disabled prior to the commencement of the next monthly cycle the Business won't be charged in that month.


Feature fees

Feature type

Fee

Expenses feature

A$8 per month per active Authorised Team Member*

* The Business will be charged for an Authorised Team Member after they submit or approve an expense for the first time.

Cancellation and Variation


Cancellation Period

Fee

Within 3 months of opening Business Account or changing of Business Plan

  • The Business will have to pay $79.99 for each Metal Card ordered by the Business at no cost, that is beyond the allowance of the new Business Plan.
  • There are no other fees charged for cancelling the subscription; and
  • Fees already paid by the Business will not be refunded.

After 3 months of opening Business Account or changing of Business Plan

  • There are no fees charged for cancelling the subscription; and
  • Fees already paid by the Business will not be refunded

If a Business elects to vary its Business Plan mid-billing cycle, the new Business Plan will start on the variation date, and:

  • the new monthly or annual Subscription Fee will be payable on the monthly or annual anniversary of the variation date; and
  • the Business receives all of the benefits under the new Business Plan on the variation date. However, if a Business downgrades its Business Plan and has used up its card allowances it will not receive additional cards under the new Business Plan.