Revolut Ltd

Revolut Ltd Logo
Trustpilot Rating
Reviews 67,676 | Excellent
 (4.5)
Business Focus
offering banking services

Revolut Ltd is an electronic money institution focused on offering banking services. Revolut Ltd offers UK current accounts, EURO current accounts with IBAN, prepaid cards, virtual prepaid cards, cryptocurrency exchange, cryptocurrency transfers between Revolut users to individuals, businesses. In 2019 Revolut Ltd had total assets of 2,628.11 mln GBP, Revolut Ltd generated net income of -105,900,000.00 GBP. Incorporated in the United Kingdom, Revolut Ltd is authorized and regulated by the Financial Conduct Authority.

Products
  • UK current accounts
  • EURO current accounts with IBAN
  • prepaid cards
  • virtual prepaid cards
Services
  • cryptocurrency exchange
  • cryptocurrency transfers between Revolut users
Clients
  • individuals
  • businesses
Card Providers
  • Visa
  • MasterCard
  • Maestro

Personal Current Account

Currency
USD, GBP, EUR
and 26 more
Payment Cards
physical
virtual
Personal IBAN
available (GB IBAN)
UK Account Number
available
Customer Groups
all countries
Pricing Plans
Standard
Premium
Metal
Currency

Personal Current Account is a multi-currency account, allowing the account holder to have funds in USD, GBP, EUR, PLN, CHF, DKK, NOK, SEK, RON, SGD, HKD, AUD, NZD, TRY, ILS, AED, CAD, HUF, JPY, MAD, CZK, QAR, THB, ZAR, MXN, RUB, SAR, HRK, BGN.

Payment Cards

Revolut Personal Card can be ordered together with Personal Current Account.

International Transfers

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers
  • SEPA Direct Debits

Personal IBAN

  • available for verified customers
  • appears automatically for EUR balances
  • UK sort code and account number available for GBP balances

IBAN Countries

Personal IBANs assigned to Personal Current Account belong to the United Kingdom.

Personal IBAN vs EMI Banking Details
While Revolut uses an account holder's personal IBAN for some operations, Revolut's own banking details are used for the others.

Personal IBAN Operations

  • sending EUR to a SEPA country
  • receiving EUR from a SEPA country

EMI Banking Details Operations

  • receiving SWIFT transfers
  • sending SWIFT transfers
  • other transfers

Pricing Plans

Personal Current Account is offered with several pricing plans for different customer groups, namely Standard, Premium, Metal.

  • Standard
  • offered to: all countries
  • Monthly Fee 0.00 EUR
  • Free UK account
  • Free Euro IBAN account
  • Spend in over 150 currencies at the interbank exchange rate
  • No fee exchange in 30 fiat currencies up to €6,000 per month
  • No fee ATM withdrawals up to €200 per month
  • Premium
  • offered to: all countries
  • Monthly Fee 7.99 EUR
  • Free UK account
  • Free Euro IBAN account
  • Spend in over 150 currencies at the interbank exchange rate
  • Unlimited exchange in 30 fiat currencies - no monthly limit
  • No fee ATM withdrawals up to €400 per month
  • Instant access to 5 cryptocurrencies
  • Premium card with exclusive designs
  • Disposable virtual cards
  • Metal
  • offered to: all countries
  • Monthly Fee 13.99 EUR
  • Free UK account
  • Free Euro IBAN account
  • Spend in over 150 currencies at the interbank exchange rate
  • Unlimited exchange in 30 fiat currencies - no monthly limit
  • No fee ATM withdrawals up to €600 per month
  • Instant access to 5 cryptocurrencies
  • Exclusive Revolut Metal card
  • Disposable virtual cards
  • 0.1% cashback within Europe and 1% outside Europe on all card payments

Opening Personal Account

Opening Personal Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Account is ready to use in a few minutes

Revolut Personal Accounts are available to residents of all countries except for several sanctioned countries and territories.
Proof of Identity. To verify his/her identity, a private customer should take a picture of a valid government-issued ID and a picture of him/her-self.
Identity Verification. Revolut doesn't require a customer to verify his/her identity when opening an account, however to activate a Revolut card, the customer will have to verify his/her identity. Revolut will ask to submit a government-issued photo ID, a selfie, and sometimes a proof of your residency. The whole process normally takes less than 5 minutes.
Other Documents. Revolut doesn't require a proof of address, however upon reaching a certain account balance, the account holder will be asked about proof of funds.

Alternatives to Revolut Personal Current Account

See Also

Revolut Personal Cards

Revolut Personal Card
Card Type
debit
physical, virtual
contactless
Currency
multi currency
as per account
Card Provider
Visa, MasterCard, Maestro
Card Type

Revolut cards are debit cards, rather than prepaid cards.

Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.

Revolut cards are issued as both physical (plastic) and virtual cards; plastic cards are delivered to the customer's address.

Currency

Revolut Personal Card is a multi-currency card, the funds can be held in different currencies at the same time. Revolut Personal Card can hold funds in any as the corresponding account, namely in USD, GBP, EUR, PLN, CHF, DKK, NOK, SEK, RON, SGD, HKD, AUD, NZD, TRY, ILS, AED, CAD, HUF, JPY, MAD, CZK, QAR, THB, ZAR, MXN, RUB, SAR, HRK, BGN.

Customer Group

Revolut cards are available to verified Revolut customers globally, except for several countries and territories.

Up to 5 virtual cards can be connected to Revolut account.

Disposable virtual cards (suitable for one-time, online transactions) are available only to Revolut Premium customers.

Card Loading

Revolut card does not have a separate balance from Revolut e-wallet. So, topping up a Revolut e-wallet actually loads the Revolut cards connected to the e-wallet.

Card Security

Revolut provides a number of security settings which can be applied for each Revolut card separately:

  • location security
  • magstripe payments
  • contactless payments
  • ATM withdrawals
  • e-commerce transactions

Card Issuer

Revolut Ltd

Card Fees and Limits
StandardPremiumMetal
Card Issuance Feefreefreefree
Card Delivery FeeRegular: 4.99 GBP
Express: 19.99 EUR
Free Express DeliveryFree Express Delivery
Virtual Card FeeFirst Virtual Card: free
Extra Virtual Card: 4.99 GBP
freefree
ATM Withdrawal Feeup to 200 EUR: free
above: 2.00%
up to 400 EUR: free
above: 2.00%
up to 600 EUR: free
above: 2.00%

Alternatives to Revolut Personal Payment Cards

See Also

Business Current Account

Business Current Account
Currency
USD, GBP, EUR
and 26 more
Payment Cards
physical
virtual
Personal IBAN
available (GB IBAN)
Customer Groups
EEA, Switzerland
Pricing Plans
Free
Grow
Scale
Enterprise
Currency

Business Current Account is a multi-currency account, allowing the account holder to have funds in USD, GBP, EUR, PLN, CHF, DKK, NOK, SEK, RON, SGD, HKD, AUD, NZD, TRY, ILS, AED, CAD, HUF, JPY, MAD, CZK, QAR, THB, ZAR, MXN, RUB, SAR, HRK, BGN.

Payment Cards

Revolut Business Card can be ordered together with Business Current Account.

International Transfers

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers
  • SEPA Direct Debits

Personal IBAN

  • available for verified customers
  • appears automatically for EUR balances
  • UK sort code and account number available for GBP balances

IBAN Countries

Personal IBANs assigned to Business Current Account belong to the United Kingdom.

Personal IBAN vs EMI Banking Details
While Revolut uses an account holder's personal IBAN for some operations, Revolut's own banking details are used for the others.

Personal IBAN Operations

  • sending EUR to a SEPA country
  • receiving EUR from a SEPA country

EMI Banking Details Operations

  • receiving SWIFT transfers
  • sending SWIFT transfers
  • other transfers

Pricing Plans

Business Current Account is offered with several pricing plans for different customer groups, namely Free, Grow, Scale, Enterprise.

  • Free
  • offered to: EEA, Switzerland
  • Monthly Fee 0.00 EUR
  • 2 free team members; €5 per user per month above free allowance
  • 5 free local transfers; €0.2 per transfer above free allowance
  • 0 free international transfers; €3 per transfer above free allowance
  • €0.00 allowance of FX at the real rate; 0.4% markup on FX above free allowance
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Grow
  • offered to: EEA, Switzerland
  • Monthly Fee 25.00 EUR
  • 10 free team members; €5 per user per month above free allowance
  • 100 free local transfers; €0.2 per transfer above free allowance
  • 10 free international transfers; €3 per transfer above free allowance
  • €10,000.00 allowance of FX at the real rate; 0.4% markup on FX above free allowance
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Priority 24/7 support
  • Bulk payments
  • Expense management
  • Scale
  • offered to: EEA, Switzerland
  • Monthly Fee 100.00 EUR
  • 30 free team members; €5 per user per month above free allowance
  • 1000 free local transfers; €0.2 per transfer above free allowance
  • 50 free international transfers; €3 per transfer above free allowance
  • €50,000.00 allowance of FX at the real rate; 0.4% markup on FX above free allowance
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Priority 24/7 support
  • Bulk payments
  • Expense management
  • Enterprise
  • offered to: EEA, Switzerland
  • Monthly Fee 1000.00 EUR
  • ∞ free team members
  • ∞ free local transfers
  • ∞ free international transfers
  • ∞ allowance of FX at the real rate
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Priority 24/7 support
  • Bulk payments
  • Expense management

Opening Business Account

Opening Business Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Upload your company details
4.
Upload your proof of operating address
5.
Account is ready to use in 1-7 days

Revolut Business Accounts are available to companies registered and having physical presence in the EEA and Switzerland.
Company Details. A client needs to fill an application form online (including documents for a normal personal account, incorporation details of the company, a short description of the company and its directors and primary shareholders).
Proof of Operating Address. Physical presence in the EEA or Switzerland is an essential prerequisite for opening a Revolut account. Revolut accepts, for example, the following documents as such a proof: rental agreement for the office, utility bills, Employee payslip with proof of the employee's address.
The application is put into a waiting queue, and Revolut's team will contact the customer back to clarify additional details.
It usually takes between 1-7 days to open a business account.

Alternatives to Revolut Business Current Account

See Also

Revolut Business Cards

Revolut Business Card
Card Type
debit
physical, virtual
contactless
Currency
multi currency
as per account
Card Provider
Visa, MasterCard, Maestro
Card Type

Revolut cards are debit cards, rather than prepaid cards.

Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.

Revolut cards are issued as both physical (plastic) and virtual cards; plastic cards are delivered to the customer's address.

Currency

Revolut Business Card is a multi-currency card, the funds can be held in different currencies at the same time. Revolut Business Card can hold funds in any as the corresponding account, namely in USD, GBP, EUR, PLN, CHF, DKK, NOK, SEK, RON, SGD, HKD, AUD, NZD, TRY, ILS, AED, CAD, HUF, JPY, MAD, CZK, QAR, THB, ZAR, MXN, RUB, SAR, HRK, BGN.

Customer Group

Revolut cards are available to verified Revolut customers globally, except for several countries and territories.

Up to 5 virtual cards can be connected to Revolut account.

Disposable virtual cards (suitable for one-time, online transactions) are available only to Revolut Premium customers.

Card Loading

Revolut card does not have a separate balance from Revolut e-wallet. So, topping up a Revolut e-wallet actually loads the Revolut cards connected to the e-wallet.

Card Security

Revolut provides a number of security settings which can be applied for each Revolut card separately:

  • location security
  • magstripe payments
  • contactless payments
  • ATM withdrawals
  • e-commerce transactions

Card Issuer

Revolut Ltd

Card Fees and Limits
FreeGrowScaleEnterprise
First Card per Team Memberfreefreefreefree
Subsequent Cards DeliveryStandard: 4.99 GBP
Express: Varies by country and address
Standard: 4.99 GBP
Express: Varies by country and address
Standard: 4.99 GBP
Express: Varies by country and address
Standard: 4.99 GBP
Express: Varies by country and address
ATM Withdrawal Fee2.00 %2.00 %2.00 %2.00 %
Physical Cardstwo per team membertwo per team membertwo per team membertwo per team member
Virtual Cards20 per month20 per month20 per month20 per month
Monthly Card Spendunlimitedunlimitedunlimitedunlimited
Monthly Top-upunlimitedunlimitedunlimitedunlimited
ATM Withdrawal Limit3,000 GBP per day3,000 GBP per day3,000 GBP per day3,000 GBP per day

Alternatives to Revolut Business Payment Cards

See Also

Operations with Cryptocurrencies

Revolut offers the following operations with cryptocurrencies:

  • cryptocurrency exchange
  • cryptocurrency transfers between Revolut users

Supported Cryptocurrencies

  • BTC Bitcoin
  • LTC Litecoin
  • ETH Ethereum
  • BCH Bitcoin Cash
  • XRP Ripple

Revolut conducts operations with Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple.

See Also

Financial Highlights

Total Assets (2019)
2,628.11 mln GBP  (+129.56%)
Revenue (2019)
162.72 mln GBP  (+179.40%)
Net Income (2019)
-105,900,000.00 GBP  (+222.56%)

Mobile Applications

Mobile Application: Revolut - Radically Better

 4.8, 14,779 Ratings

Revolut - Radically Better
Revolut - Radically Better
Revolut - Radically Better
Revolut - Radically Better
Revolut - Radically Better Supported Languages
BGBulgarian
HRCroatian
CZCzech
DKDanish
NLDutch
GBEnglish
EEEstonian
FIFinnish
FRFrench
DEGerman
GRGreek
HUHungarian
ITItalian
JPJapanese
LVLatvian
LTLithuanian
NONorwegian
PLPolish
PTPortuguese
RORomanian
RURussian
CNChinese
SKSlovak
SISlovenian
ESSpanish
SESwedish
TRTurkish

Mobile Application: Revolut Business

 4.9, 32 Ratings

Revolut Business
Revolut Business
Revolut Business
Revolut Business
Revolut Business Supported Languages
NLDutch
GBEnglish
FRFrench
DEGerman
ITItalian
LTLithuanian
PLPolish
PTPortuguese
ESSpanish

Mobile Application: Revolut Junior

 3.7, 3 Ratings

Revolut Junior
Revolut Junior
Revolut Junior
Revolut Junior Supported Languages
BGBulgarian
HRCroatian
CZCzech
DKDanish
NLDutch
GBEnglish
EEEstonian
FIFinnish
FRFrench
DEGerman
GRGreek
HUHungarian
ITItalian
JPJapanese
LVLatvian
LTLithuanian
NONorwegian
PLPolish
PTPortuguese
RORomanian
RURussian
CNChinese
SKSlovak
SISlovenian
ESSpanish
SESwedish
TRTurkish

Company Details

Country of Registration
GBUnited Kingdom
Company Number
08804411
BIC
REVOGB21
Authorized By
Financial Conduct Authority
Reference Number
900562
Authorization Granted
11 May 2018
Authorized Activities
  • placing cash to a payment account
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • execution of payment transactions on a payment account (using a credit line)
  • issuing payment instruments or acquiring payment transactions
  • money remittance
  • execution of payment transactions via telecoms, IT system or network operator
  • account information services

Revolut Ltd is authorized by the Financial Conduct Authority (reference number 900562) for placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator, account information services. The authorization was granted on 11 May 2018.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules Revolut Ltd, can conduct its activities in any of the 31 EEA member states. Revolut Ltd do not participate in deposit guarantee schemes.

Membership
SWIFT
SEPA
FasterPayments

Revolut Ltd is a SWIFT member and a SEPA (SCT, SCT Inst, SDD) scheme participant. Revolut Ltd is also a directly connected FasterPayments participant.

Visa
MasterCard
Maestro

Revolut Ltd is connected to the following major payment card schemes: Visa, MasterCard, Maestro.

See Also

Contacts

4th Floor 7 Westferry Circus, E14 4HD, London, United Kingdom
020 3963 7778
Website Languages
GBEnglish

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