Looking to open an online business account? Revolut Business offers a simple, efficient way to manage your finances with features like multi-currency accounts, merchant payments, and expense management. Plus, you'll get all the perks of a Revolut account, like international money transfers, fee-free spending, and 24/7 customer support. Plus, you can easily manage your finances with Revolut's easy-to-use mobile app. So if you're looking for a business account that offers all the features and benefits you need to succeed, be sure to check out Revolut Business today.
Revolut Business- An Overview
Revolut Business is a multi-currency account for small businesses, designed to save you time and money. With no monthly fees or foreign exchange markups, you can manage all your expenses in one place. Plus, with features like invoicing and spending insights, Revolut Business makes it easy to track your finances and stay on top of your business spending.
If you're looking for a simple and convenient way to manage your business finances, Revolut Business is worth considering.
Open an Online Business Account with Revolut Business
If you're a small business owner, you might be wondering how to open an online business account with Revolut Business. Here's a step-by-step guide-
1. Go to the Revolut Business website and click on the “Sign up” button.
2. Enter your personal details and create a password.
3. Verify your email address by clicking on the link in the verification email that Revolut will send you.
4. Once you're logged in, click on the “Get started” button.
5. Enter your business details, such as your company name, registered address, and VAT number (if applicable).
6. Select the type of business account you want to open – Standard or Premium.
7. Choose how you want to receive your payments – either through a UK bank account or a foreign currency account.
8. Enter your credit/debit card details so that Revolut can set up automatic payments for your subscription fees (if applicable).
9. That's it, Your Revolut Business account is now open and ready to use.
Save Money on Transfers, Payments and FX
Assuming you already have a Revolut Business account, there are a few ways you can save money on transfers, payments and FX-
Transferring money-
If you need to send money abroad, you can do so with zero fees using the Revolut Business app. You'll just need to make sure you have enough funds in your account to cover the transfer.
To make a transfer, simply go to the ‘Transfers' tab and enter the amount you want to send, the recipient's bank details and the currency you want to send it in. The recipient will then receive the funds within a few days.
Payments-
When it comes to making payments, Revolut Business offers two options – peer-to-peer (P2P) payments and card payments. Both options are fee-free and offer fast transactions.
To make a P2P payment, simply go to the ‘Payments' tab and select ‘Send Money'. Enter the amount you want to send, the recipient's mobile number or email address and hit ‘Send'. The recipient will then receive a notification that they've been paid.
Card payments can be made in-store or online. To make a card payment, simply enter your card details as usual. The transaction will be processed instantly and you'll receive a notification confirming the payment.
FX-
Revolut Business offers competitive rates on foreign exchange (FX). To get a quote, simply go to the ‘FX' tab and enter the amount you want to exchange. The app will then show you the current exchange rate and how much you'll get for your money.
To exchange your currency, simply hit the ‘Exchange' button and the funds will be added to your account instantly. You can then use them to make payments or transfers abroad.
Stay in Control of Your Expenses
As a business owner, it's important to stay in control of your expenses. With a Revolut Business account, you can do just that.
With our easy-to-use expense management tools, you can see exactly where your money is going and make sure that you're staying within your budget. You can also set up spending limits for yourself and your team, so you'll always know how much you have to spend.
Plus, our real-time notifications will keep you informed of all your transactions, so you can always stay on top of your finances. So why not sign up today and take control of your business expenses.
Everything You Need to Run Your Business in One Place
As a business owner, you know that every little bit counts when it comes to saving money and making your operation more efficient. That's why Revolut Business offers everything you need to run your business in one place. With our online business account, you can-
1- Save time and money with integrated accounting software
2- Get paid faster with instant payment processing
3- Access global markets with multi-currency support
4- Streamline your operations with our suite of business tools
With Revolut Business, you can finally stop wasting time and money on multiple providers. Get everything you need to run your business smoothly, all in one place.
Revolut Business FAQs
1- What is Revolut Business?
Revolut Business is a financial platform designed for small businesses and startups. It offers a range of features including invoicing, expense management, and international payments.
2- How can Revolut Business help my business?
Revolut Business can help your business save time and money by simplifying your financial operations. With its invoicing and expense management features, you can streamline your finances and focus on growing your business. Additionally, its international payments functionality lets you pay suppliers and employees in over 150 currencies at the real exchange rate.
3- How do I sign up for Revolut Business?
You can sign up for Revolut Business online in just a few minutes. Simply create an account and link your company’s bank account to get started.
4- What are the benefits of using Revolut Business?
There are many benefits of using Revolut Business, including-
1-Save time with streamlined financial operations
2-Grow your business with access to working capital
3-Make international payments in over 150 currencies
4-Get visibility into your spending with real-time analytics
5-Enjoy 24/7 customer support from our team of experts
5- Is there a fee to use Revolut Business?
No, there is no fee to use Revolut Business. You will only be charged the standard transaction fees associated with your bank account.
Concluding By
Opening an online business account with Revolut Business is a great way to streamline your finances and get access to great features like invoicing, expense tracking, and international payments. With Revolut Business, you can save time and money on your business banking needs. So what are you waiting for? Sign up today!
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