Question 1

What is a multi currency business account?

Accepted Answer

A multi-currency business account is a Revolut Business account where you can send and receive international payments in a number of different currencies: GBP, EUR, USD, ZAR, TRY, SAR, SGD, SEK, RON, PLN, NZD, NOK, MXN, JPY, ILS, HUF, HKD, DKK, CZK, CHF, CAD, AUD, BGN, QAR, THB, and AED.

Question 2

How much does it cost to convert currencies in my account?

Accepted Answer

The cost to convert currencies in your account will depend on the currency you want to exchange, and how much you want to exchange.

A 0.4% fee is applied to any exchange above your free allowance according to your plan. An additional fee may be charged depending on the currencies you want to exchange.

Question 3

Do I have local account details for my multi-currency account?

Accepted Answer

You can quickly set up unique local accounts in your business's name to make and receive local payments.

Enjoy local payments with: 
- Local GBP account details (BACS and Faster Payments for GBP payments in the UK)
- Local EUR account details (SEPA for EUR payments in the EEA)
- Local USD account details (ACH for USD payments in the USA)

Question 4

How do I grant / remove access to specific accounts for a team member, using the Account Privacy feature?

Accepted Answer

To add / remove access to specific accounts for a team member, please follow the below steps:
1. Go to the accounts dashboard > Select the specific account > Click on the three dots (...) > Select "Account settings"
2. Click on "Account access", then "Manage"
3. On the "Manage account access" screen > Select / deselect team members > click "Update"

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Business Currency Account FAQs

What is a multi currency business account?

How much does it cost to convert currencies in my account?

Do I have local account details for my multi-currency account?

How do I grant / remove access to specific accounts for a team member, using the Account Privacy feature?