Revolut Business Review
Best for multi-currency operations · Founded 2015 · London, UK
Overview
Revolut Business is one of the most feature-rich neobanks for European companies. Backed by a full banking license from the ECB and regulated by the Bank of Lithuania, it offers deposit protection up to EUR 100,000 — a level of security that sets it apart from many fintech competitors.
The platform supports 30 currencies with free FX allowances that scale by plan: EUR 1,000 on Basic, EUR 15,000 on Grow, and EUR 60,000 on Scale. Beyond those allowances, FX conversions carry a 0.6% markup during market hours and a 1% surcharge on weekends. For high-volume businesses, the tiered plan structure can deliver significant savings compared to pay-per-transaction models.
Revolut shines for teams: every plan includes virtual card issuance (up to 200 per member), and higher tiers add metal cards, bulk payments, custom approval workflows, and full API access. Accounting integrations with Xero and QuickBooks come standard. With availability across 30+ countries in the EU, EEA, and UK, it is one of the most geographically accessible business banking platforms in Europe.
Plans & Pricing
Basic
€10/mo
- Multi-currency account (30 currencies)
- 10 free local transfers/month
- EUR 1,000–1,500 free FX allowance/month
- 1 physical card per person
- Up to 200 virtual cards per member
- Payment links
- Accounting integrations
Local transfers: 10/mo
International: Not included
Cards: 1
Grow
€35/mo
- Everything in Basic
- 100 free local transfers/month
- 5 free SWIFT transfers/month
- EUR 15,000 free FX allowance/month
- 1 physical + 1 metal card per member
- Bulk payments
- API access
- Custom approval workflows
- Expense management
Local transfers: 100/mo
International: 5/mo
Cards: 10
Scale
€125/mo
- Everything in Grow
- 1,000 free local transfers/month
- 25 free SWIFT transfers/month
- EUR 60,000 free FX allowance/month
- Up to 3 physical + 2 metal cards per member
- Priority support
Local transfers: 1000/mo
International: 25/mo
Cards: 30
Enterprise
Custom pricing
- Custom transfer and FX allowances
- Unlimited cards
- Dedicated account manager
- Custom API integrations
- SLA guarantees
Local transfers: Unlimited
International: Unlimited
Cards: Unlimited
Prices as of . See official pricing page for the latest rates.
Key Features
- Multi-currency accounts (30 currencies)
- ECB banking license with EUR 100,000 deposit insurance
- SEPA and SWIFT transfers with free allowances
- Team expense cards with granular spending limits
- Payment links for collecting payments
- Bulk payments and custom approval workflows (Grow+)
- Open API for integrations (Grow+)
- Accounting integrations (Xero, QuickBooks)
Key Information
| FX Fee | 0.6% |
|---|---|
| Supported Currencies | 30+ |
| Countries Served | GB, DE, FR, ES, IT, NL, IE, PL, PT, AT, BE, LT, SE, DK, FI, NO, CZ, HU, RO, BG, HR, SK, SI, EE, LV, GR, CY, MT, LU, IS |
| Target Audience | SMEs and startups with international operations |
| Founded | 2015 |
| Headquarters | London, UK |
Pros & Cons
Pros
- ECB banking license with EUR 100,000 deposit insurance
- Generous free FX allowances (up to EUR 60,000/month on Scale)
- Wide currency support (30 currencies)
- Quick onboarding (often under 24 hours)
- Strong mobile app with real-time spending notifications
Cons
- Weekend FX surcharge of 1% on all conversions
- No built-in invoicing
- Add-on fees rising (Expenses EUR 5 per user, increasing to EUR 8)
- Customer support can be slow on Basic plan
Revolut FAQ
Is Revolut Business a real bank?
Yes. Revolut Bank UAB holds a full banking license from the European Central Bank (ECB) and is regulated by the Bank of Lithuania. Deposits are protected up to EUR 100,000 per depositor under the Lithuanian deposit insurance scheme (VAS Indėlių ir investicijų draudimas). This is the same level of protection as traditional European banks.
What currencies does Revolut Business support?
Revolut Business supports accounts in 30 currencies, including EUR, GBP, USD, CAD, AUD, CHF, JPY, and a wide range of European and global currencies such as PLN, CZK, DKK, HUF, RON, SEK, NOK, BGN, SGD, HKD, NZD, and more. You can hold, send, and receive money in all supported currencies from a single account.
How does Revolut Business FX pricing work?
Each plan includes a free FX allowance: EUR 1,000–1,500 on Basic, EUR 15,000 on Grow, and EUR 60,000 on Scale. Beyond the allowance, Revolut charges a 0.6% markup on the interbank rate during market hours. On weekends (Friday 17:00 to Sunday 18:00 New York time), a 1% surcharge applies to all FX conversions.
Can I integrate Revolut Business with my accounting software?
Yes, Revolut Business integrates directly with Xero, QuickBooks, and FreeAgent on all plans. The open API (available from the Grow plan) allows custom integrations. Transactions can be exported in CSV or other formats compatible with most accounting software.
Head-to-Head Comparisons
Ready to open a Revolut account?