Business account waiting list

Hey guys,

can someone tell us what is the average waiting time to activate a business account? We registered last week, got on # 763 on the waiting list. Today, still on the same position.

I am wondering how many applications are processed per day, to have an estimate of the waiting time untill we get set up.

Any advises are much appreciated.

Thank you
Sebastian | IN Romania

today is a public (bank) holiday in the UK so they aren’t processing applications

Hi @inutrition, have you got your business account yet?
I just signed up and I’m also interested to get an estimate of how long it will take.

Thanks,
Phileas

Hi @Phileas !

Thank you for signing up! We are aiming to review new applications within couple of business days. Someone from onboarding team should be getting in touch with your shortly!

Regards,
Rafael

@Phileas , hey mate. Our account was activated in couple of business days (approx. 10) but not fully, in terms of unique IBANS. If you request unique IBAN’s after you are all set up by the onboarding team, you will need to fill out further paperwork in order to be reviewed by Saxo (Saxo bank is their partner). We need to apply for unique ibans as our main currency is RON.

If your main currency is EUR or GBP then you are all set after the onboarding team activates your account.

Please keep in mind that you can only top-up your business revolut account by bank transfer.

Hope this helps.

That’s great news! I was worried when I read posts about people waiting for four months… thanks for your answer :slight_smile:

my standard onboarding took 2 weeks and the advanced around 6

Hi @rafael_revolut

We have submitted a request to open a business account for our company based in the USA but we have been blocked for 2 months now at the 521st place in the waiting list. We have no idea why. Do you need information? We are now in a hurry to get this account because we put on standby some business for which we were waiting to have this account.

Thank you in advance for your help, we are available for any additional information needed to open our account.

Regards

We have been waiting for about 1.5 months now for an update on our business account opening. We want to go with Revolut since they do great international payments however to get us up and running we couldn’t wait so we opened an account with Monzo business which literally took seconds. It’s really unbelievable the difference. Still waiting to hear from Revolut…