If you signed up to Revolut before 15th July 2019, these Business Fees will be effective from 1st October 2019 (or earlier if you upgrade before then). Please see a copy of the older terms here. If you signed up to Revolut after 15th July 2019, these Business Fees apply to you.
|Subscription fee||Free per month|
|Payments to Revolut accounts||Unlimited|
|Free FX allowance||Free|
|Payments to Revolut accounts||Free|
|Team members||£5 per additional team member per month|
|Local transfers||£0.2 per additional transfer|
|International transfers||£3 per additional transfer|
|Foreign exchange fees||0.4% markup above your free FX allowance|
|First card per team member||Free|
|Subsequent cards||Standard delivery: £4.99
Express delivery: Varies by country and address
|ATM fees||2% on all withdrawals|
|Physical cards||Two per team member|
|Virtual cards||20 per month|
|Monthly card spend||Unlimited|
|ATM withdrawal||£3000 per day (or the equivalent in other currencies)|
In some cases you may be offered a free trial of the product. During a free trial you are granted the free allowances stated above, according to the plan you chose during signup. If you exceed these free allowances we will charge as you as per the fees above.
You will be billed in advance of the month. Your allowances will reset on the first day of the billing month. If you chose to move plan mid-billing cycle, your subscription will start again and your allowances will be reset according to your new plan immediately.
Whenever you make a currency exchange in the Revolut app (except cryptocurrency conversions), we'll use an exchange rate based on our market rate, which is based on foreign-exchange market rates. There is more information about our exchange rate in our Personal and Business Terms. The rate we use to convert your e-money into cryptocurrency (and back) is based on the rate we get from the relevant cryptocurrency exchange (click here for more information).
For certain conversions we apply an extra percentage-based fee, which may change according to when and how frequently the currencies are traded. These fees are set out in the table below.
We charge a higher fee outside foreign-exchange-market hours because less currency is traded during these times. Foreign-exchange-market hours are all hours except midnight on Friday to midnight on Sunday in London.
|TBH and UAH||1.0%|
|USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN and CZK||No fee|
|Any other currency not listed above||No fee|
|TBH and UAH||2.0%|
|USD, GBP, EUR, AUD, CAD, NZD, CHF, JPY, SEK, HKD, NOK, SGD, DKK, PLN and CZK||0.5%|
|Any other currency not listed above||1.0%|
The highest rate relevant to your conversion will apply. For example, for a conversion between USD and THB during foreign exchange market hours, we will apply the mark-up that applies to THB (1%), not the mark-up for USD (0%).