Does each revolut account require a specific bank account for it to work? i.e. if an employee gets a revolut card, does that need to be linked to his o r her bank account or would it be liked to an MJM account that we could issue balances from, to his card. E.g. transfer £20000 to the balance on an employees card, if not is there a limit that can be set on a card for a variable amount of time?
I’m assume with the lack of replies that it isn’t?
It sounds like each employee debit card will be linked to the company bank account.
Regarding employee limits, I’m unsure. @andriusb
Not really sure what you have in mind. If an employee gets a Revolut (personal) card then he just needs to have a RevolutApp (personal account), no need to link it to a bank if not need.
E.g. transfer £20000 to the balance on an employees card, if not is there a limit that can be set on a card for a variable amount of time?
As mentioned above, yes, you can transfer to an employees (personal) card.
hi I’ve been using Revolut business banking for two months now.
All employee cards are connected to the single Revolut bank account.
You can control their cards, by imposing limits to their spend and freezing cards.