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Revolut Business Transfers review

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Revolut Business
Number of Currencies
25+
Minimum Transfer Amount
$2
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 25 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 25+ currencies
  • Make payments in over 100 countries

Cons

  • Not as many currencies as some competitors

In this guide

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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 25+

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 3 subscription tiers for its business plans. Each tier comes with a core set of features, like making bulk payments and local bank transfers.

Grow

From $21 a month. You can make up to 5 international transfers and 100 local transfers fee-free. You also get 1 metal card and exchange up to $15,000 a month at the interbank transfer rate.

Scale

From $79 a month. You can make up to 25 international transfers and 1,000 local transfers fee-free. You also get 2 metal cards and exchange up to $75,000 a month at the interbank transfer rate.

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.

Where can I send money with Revolut?

With Revolut you can send money to more than 100 countries. This includes:

AUS, BRG, CAN, CZE, DNK, HKG, HUN, IND, IDN, ISR, JPN, MYS, MEX, NZL, NOR, PHL, POL, QAT, ROU, SAU, SGP, ZAF, SWE, CHE, THA, TUR, GBR, USA

Revolut's available currencies include:

AED, AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, IDR, INR, ILS, JPY, MXN, MYR, NOK, NZD, PHP, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR

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How does Revolut Business compare to other business transfer services?

Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
Product AUFMT Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Within minutes
$0
Earn 10% cashback on your first $1,000 USD equivalent in eligible international card spend with Airwallex.
Streamline global payments across 150+ countries with fast settlements and competitive rates in over 60 currencies.
Within minutes
$0

Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in 100 currencies.
24 hours
$0
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Within minutes
$0
Earn 1 Qantas Point on every $1AUD equivalent converted in foreign currency. T&Cs apply.
Set up accounts in 11 different currencies and get rewarded for global business payments by earning Qantas Points.
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
24 hours
From $0
Open bank accounts in Australia, the UK, US, Canada, Japan and Europe. Send and receive funds with zero fees for large sums, including same-currency supplier payments.
Within minutes
$0
Revolut allows your business to move money around the world quickly and cheaply with 25+ currencies and no maximum limit transfers. Plan fees apply.
24 hours
$0
Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.
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Richard Finder

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