Revolut Business Transfers review
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- Number of Currencies
- 40+
- Minimum Transfer Amount
- $0.01
- Pay By
- Bank transfer, Debit card
- Fees (Pay by Bank Transfer)
- $0
Summary
Revolut lets your business move money around the world quickly and cheaply, supporting over 40 currencies.
Revolut Business offers support for businesses operating around the world. It offers global payments solutions, business software integration via API, cards to handle corporate spending and a mobile app.
Revolut can help your business move and manage money across borders.
Revolut Business uses a subscription fee model, with different plans based on the level of service offered. Money transfers use interbank rates and you can make instant business payments to other Revolut users.
Pros
-
Physical and virtual cards
-
Access 40+ currencies
-
Make payments in over 100 countries
Cons
-
No credit options available yet
Details
Product details
| Product Name | Revolut Business |
| Pay By | Bank transfer, Debit card |
| Receiving Options | Bank account |
| Customer Service | Live chat, 24/7 support |
| Number of Currencies | 40+ |
How does Revolut's exchange rates work?
Revolut uses interbank or mid-market exchange rates. It's the rate banks use when transferring or trading large currency volumes. For consumers, this is usually cheaper than the exchange rate banks offer customers themselves.
Revolut payment options
Revolut offers multiple business payment solutions. This includes making bulk payments in multiple currencies plus domestic and international payments.
You can open sub-accounts in each currency you need. Using Revtags, you can make instant business payments without transfer fees to other Revolut customers.
Cards
Revolut Business offers physical and digital cards. You can issue cards to team members and set limits and automate expense reporting.
Revolut Business pricing
Revolut has 4 subscription tiers for its business plans. Each tier comes with a core set of features, like making bulk payments and local bank transfers.
Basic
$15 a month. You can make up to 1,000 local transfers fee-free and exchange up to $1,500 a month at the interbank transfer rate (weekend fees apply).
Grow
$30 a month. You can make up to 5 international transfers and 2,000 local transfers fee-free. You also get 1 complimentary metal card and exchange up to $25,000 a month at the interbank transfer rate (weekend fees apply).
Scale
$150 a month. You can make up to 25 international transfers and 5,000 local transfers fee-free. You also get 2 complimentary metal cards and exchange up to $100,000 a month at the interbank transfer rate (weekend fees apply).
Enterprise
Prices at this tier vary and are customised to your business needs. The amount of fee-free transfer and money you can exchange at the interbank exchange rate depend on how you set up your Enterprise plan (weekend fees apply).
Where can I send money with Revolut?
With Revolut you can send money to more than 100 countries. This includes:
ARE, AUS, CAN, CHE, CHL, CHN, COL, CZE, DNK, EGY, EUU, GBR, HKG, HUN, IDN, ISR, IND, ISL, JPN, KEN, KOR, KAZ, MAR, MEX, NOR, NZL, PER, PHL, POL, QAT, ROU, SRB, SAU, SWE, SGP, THA, TUR, TWN, USA, VNM, ZAF
Revolut's available currencies include:
AED, AUD, CAD, CHF, CLP, CNY, COP, CZK, DKK, EGP, EUR, GBP, HKD, HUF, IDR, ILS, INR, ISK, JPY, KES, KRW, KZT, MAD, MXN, NOK, NZD, PEN, PHP, PLN, QAR, RON, RSD, SAR, SEK, SGD, THB, TRY, TWD, USD, VND, ZAR
Sources
Your reviews
Richard Finder
Senior Money Editor
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