About Revolut Business
Revolut Business is a powerful, all-in-one financial platform designed to help modern companies save time and money. The Revolut Business account is a leading solution for digital business banking in the UK, trusted by thousands of companies, from freelancers to large enterprises. The platform is renowned for its powerful multi-currency business account, which makes managing international business payments simple and cost-effective. With features like unlimited company debit cards and expense management, Revolut Business streamlines financial admin and gives companies full control. With a range of plans, including free freelancer and sole trader accounts, there is a solution for every business. For new companies, a Revolut Business referral code can provide a fantastic start, with frequent promotions offering a £50 gift card for signing up and meeting qualifying criteria.
Why Choose Revolut Business?
Revolut Business is a top choice for modern companies for several compelling reasons:
- Powerful Global and Multi-Currency Banking: A key feature is the ability to hold, send, and receive funds in over 25 currencies at the real exchange rate, saving a huge amount on international transaction fees.
- Streamlined Expense Management: The platform makes it easy to issue unlimited physical and virtual corporate cards to team members, set spending limits, and automatically track all expenses in real-time.
- Fast and Simple Account Opening: Unlike traditional banks, businesses can apply for and open a powerful business account online in minutes, without needing to visit a branch.
- Seamless Accounting Integrations: Revolut Business integrates perfectly with major accounting software like Xero, QuickBooks, and Sage, automating bookkeeping and saving hours of admin.
- A Plan for Every Business Size: The platform offers a range of plans, from a free account for sole traders to custom enterprise plans for large corporations.
Key Revolut Business Features
A Revolut Business account is a complete financial toolkit:
- Multi-Currency Business Account: Hold and exchange multiple currencies, and get local account details for GBP and EUR to receive payments like a local.
- Company Debit Cards: Issue physical and virtual debit cards to team members with customisable spending limits for complete control over expenses.
- International Business Payments: Make fast, low-cost payments to suppliers and clients around the world.
- Expense Management: A powerful in-app tool that allows employees to submit expenses, and managers to approve them, in just a few clicks.
- Payroll and Bulk Payments: Easily manage payroll and make multiple payments at once with the bulk payment feature on paid plans.
- Rewards and Perks: Access a range of exclusive discounts and offers from leading business software and service partners.
Benefits of Using Revolut Business
Integrating Revolut Business into a company’s financial operations provides many significant advantages:
- Dramatically Reduce Banking and FX Fees: The competitive exchange rates and low-cost international transfers can save a business a significant amount of money compared to traditional banks.
- Save a Huge Amount of Time on Admin: The automated expense tracking, invoicing, and accounting integrations can free up hours of valuable time for business owners.
- Gain Real-Time Control Over Spending: The instant notifications and spending limits on company cards give managers complete, real-time visibility and control over company expenditure.
- Empower a Global Workforce: The platform makes it easy for businesses with remote or international teams to manage expenses and payments seamlessly.
Things to Consider When Signing Up
To choose the right plan for a business, potential customers should keep a few points in mind:
- It’s a Financial Platform, Not a Traditional Bank: While offering all the key features, Revolut is an e-money institution. They do not have physical branches and their accounts are not covered by the FSCS in the same way as a high-street bank.
- Plan Tiers and Allowances: The different plans (Free, Grow, Scale, Enterprise) are tiered based on the number of free local and international transfers, and the level of fee-free currency exchange included each month.
- Referral Bonus Conditions: An offer for a “£50 Gift Card” is a new customer incentive that requires signing up via a unique referral link and completing qualifying actions, such as spending a certain amount on the new company card.
Tips for a Great Revolut Business Experience
Business owners can get the most value from their account with these tips:
- Use a Referral or Partner Link: This is the best way for a new business to get a fantastic welcome bonus like a £50 gift card.
- Choose the Right Plan for Your Needs: Analyse the business’s monthly transaction volume. While the free plan is great, a paid plan can be more cost-effective for businesses with higher international payment needs.
- Connect Your Accounting Software: Integrating with Xero or QuickBooks from day one is the key to creating a fully automated and efficient bookkeeping process.
- Issue Virtual Cards for Online Subscriptions: Use the virtual card feature to create separate, secure cards for each online subscription, giving greater control and security.
Revolut Business Customer Support & Policies
As a major global FinTech company, Revolut Business provides dedicated customer support, with priority support available for paid plan subscribers. They have robust security protocols and clear, transparent policies regarding their account fees and services, providing a trustworthy and reliable platform for business finances.
The All-in-One Financial Platform for Your Business
For modern, ambitious businesses, a Revolut Business account is an essential tool for success. It provides a powerful platform for digital business banking in the UK, with a leading multi-currency business account perfect for managing international business payments. With smart tools for company debit cards and expense management, it’s a complete solution for freelancer and sole trader accounts and growing companies alike. New businesses should be sure to sign up with a Revolut Business referral code to get a fantastic welcome bonus, such as a £50 gift card.
Unlock your business’s global potential with Revolut Business!
