Opening A Revolut Bank Account Through A UK Company

Revolut is a financial platform offering cutting-edge digital banking services.

For this reason, with its wide range of features and low costs, the Revolut business account is ideal for companies.

Furthermore, thanks to its innovative features, it is a benchmark in current trends of digitalisation and ease of use.

Throughout the rest of the article, we provide information on how to open a Revolut bank account, the requirements, types, and advantages.

Revolut-ionise Your Business

It may seem that the most important benefit comes from the absence of commissions. Perhaps from its low cost compared to other banking institutions..

However, Revolut stands out for its technological innovations, which have revolutionised the way companies interact with economic capital.

For this reason, you will enjoy:

The possibility of holding multiple currencies in your account.
Use of debit and virtual cards
Advanced security, such as two-factor authentication and the ability to block your card from the app in case of loss or theft.
Access to state-of-the-art financial products, such as cryptocurrencies.

Moreover, all of this is accessible through an intuitive interface designed to facilitate financial management.

Types Of Revolut Bank Account For Companies

Revolut has a wide range of bank accounts to suit different companies and meet all their needs.

Business Standard account

This is free and designed for small companies or start-ups that do not have many international transactions but operate in several currencies.

Business Plus account

This plan is the most suitable for medium-sized companies and offers all the features of the Standard account.

Additionally, it provides unlimited currency accounts and advanced financial analysis for the company, along with other benefits.

Business Premium account

Recommended for medium-sized companies with more needs.

It offers medical and travel insurance, personalised cards for employees, and access to a savings plan to generate interest on unused funds.

Business Metal Account

This is the best option for large companies, offering a comprehensive set of features.

In addition to everything available in the Premium account, it includes personalised financial advisory, advanced reporting management, and access to investment services.

Additionally, it offers cashback on payments made with corporate cards.

Requirements for opening a Revolut bank account

To open a bank account, the company must meet the following prerequisites:

Be officially registered in the UK, at Companies House.
Have at least one director over the age of 18 registered.
Have registered address in the UK.

If your company meets these three standards, you can now open your bank account.

How to open a Revolut bank account for companies

1 Download the Revolut for Business App from the App Store (for IOS) or Google Play (for Android). It is important to select the option for Business.

2 When the download is complete:

Select ‘Open account for companies’ and fill in the requested details.
Verification of the company’s identity. You will have to provide all the documents requested.
Verification of the directors’ identity. This is done online. Each director must provide a photograph, an authorised and valid identity document, as well as a confirmation selfie.

Once this process has been completed, Revolut will review the documentation and you will receive a response within 24 to 48 hours.

3 As soon as you are notified that your account has been approved, you can take the final step: activate your Revolut bank account and start making transactions.

Conclusion

The Revolut bank account provides its customers with a global and efficient management of their finances, with low costs and a multitude of services and alternatives.

Revolut is an excellent choice for those seeking a modern banking experience in the UK.

Thus, doing business in the UK will be easier.