Revolut Business 4+

New Approach To Business Banking

What a refreshing change to banking ,, I run a small but successful business to which the high street banks have no interest in excepting charging you for stuff you don’t want or need. On top of which they charge you for everything & then offer no support in any way shape or form. After applying some modern thinking ,, was Recomended this bank. To be honest at first I was grabbed by it’s marketing .. But after looking around I thought you know what let’s give it a go.. Wow ,, glad I did .. such versatility it links and works with all my other business tools / apps & you can set up multiple accounts to split International funds aside from UK .. with ease of moving funds between them & to payees .. you can upload invoices & receipts against payments so there can be no mistake what you were paying .. an accountants dream . Oh of which I set them up on view only in like 5 mins .. that proses took around 6 weeks in my old high steer bank .. This bank & App are leap years ahead of main stream banks .. I can’t say enough about it .. the only draw back is you can’t get access to large amounts of cash fast ,, but who really wants cash when it could carry the virus !? Not Me ,, No I just changed the wag I do business .. adapt to your surroundings .. This app is certainly adaptable,, would highly recommend it .. ;)

Steve’o

Outstanding

I was a customer Lloyds banking for 10 years. During lockdown, I managed to sustain my business and expand it into opening a shop following year. I doubled the turnover and paid off things with the bank. That was not good enough annoyed, and instead, they do use my credit facilities and my turnover decreased by half which significantly affected the business drastically. I decided to beat my services away and open an account for Revolut due to high recommendations from other business owners. Well I can honestly say that 18 months down the line I have had no issues with Revolut business banking. It’s been a straightforward process. And I also have the Revolut card machine for when we do external event and that has never failed on us. With out Any hesitation I would recommend Revolut business banking to anyone and you won’t look back.

DANGER - Do Not Use This "Bank"

I have been using Revolut for business banking for a while with a relatively smooth experience. Suddenly a few days ago they requested that I update some company information as it had been a few years since it was provided and they want to update their records. The problem is that they said they would restrict the account until the information is updated. I provided all the requested information, which I had already given them and was just updating. Confirming the company structure, taking a picture of myself with my passport (twice already as it seems they keep losing it or there is an issue with there system). They have now stopped transactions while they are processing the information. Obviously I can't run a business where we can't pay people so I've complained and luckily they have an "expert" team who they immediately passed my case onto. They only take 14 days to process things (because they're experts) so now we've got no access to any of our money for 2 weeks. What a great "bank". If you don't want to end up in this situation, choose a traditional bank.

Developer Response ,

Hi there! We appreciate you taking the time to share your feedback with us, and we’re genuinely sorry to learn about the experience you faced. As a regulated financial institution, we have a legal obligation to gather certain information about you and your business to provide our services. Please find more in the FAQ here: https://help.revolut.com/business/help/managing-my-business/verifying-details/why-is-my-account-restricted/. However, we understand that you're experiencing difficulties with this process and with our support. Please reach out to us via direct messages on Facebook, Twitter, or Instagram so we can investigate this further. One of our agents will be more than happy to assist you.