Integration with Xero would be REALLY awesome, none of the banks here (Ireland) support it very wellâŚ
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I was correct in saying it will basically be in Q3 
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I run a travel company with trip leaders all over the world - Iâm really interested to hear an update on how Revolut for Business is coming??? Already pre registered and have 2 of my guys trialling the standard personal cards. But the integration that would come for business users is key for us to roll it out to othersâŚany idea of updates guys??
Probably compliance/regulatory-regulated and operational things slowing down the roll-out.
They definitely wonât delay the launch indefinitely. Competition hot on the heels of Revolut.
Transferwise moving into the area (The easy to use International Business Account from Wise<!-- --> - Wise), Tideâs recently popped up in Shoreditch for demos (https://www.tide.co/) and more fintech companies being set up catering specifically to the enterprise sector.
Confident Revolut will roll out Revolut for Business soon. From a consumer standpoint, the currency account with minimal fees (compared to major retail banks.), fantastic. Iâm sure theyâll be able to replicate this experience on the enterprise side.
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@here keep your eyes peeled - itâs coming very shortly! veryâŚ
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Is there a number to contact for problems with signing up for Revolut Business?
I am a sole trader from the UK and just received an invitation to register to Revolut for Business. However, I am unable to complete the sign-up procedure as Revolut asks for a company incorporation number. As a sole trader, I do not have such a number. Could you please update the sign-up form to allow sole traders to input their Unique Taxpayer Reference (UTR) number instead of a company incorporation number?
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ÂŁ25 per month just for starting up? Are you kidding?
Itâs a good thing that we have a thing called competition in the GB.
TransferWise now has USD, GBP and EUR accounts and charges ÂŁ0 per month. And they charge one of the lowest exchange rate markups!
Revolut, are you listening? Yes, thatâs zero!
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Can you guys please work on your communication style?
In August of 2016 you claimed to be âlaunching Revolut for Business soon.â
10 Months later is not soon. Try to keep the word soon to mean âwithin 3 monthsâ - it would cause a lot less anger and confusion within the community.
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Transferwise charges 50p per outgoing bank transfer. Not a good deal. Revolut offers a completely different service.
I highly doubt a startup or a small business (making less than ÂŁ100k annually) would do 50 outbound transactions per month to justify Revolutâs ÂŁ25 per month fees. That is 600 outbound transactions per year. So, no, you are not making that much transactions.
Revolut would cost ÂŁ300 per year.
At TransferWise, assuming a fair EUR FX markup , you would have to be making at least EUR 60,000 per year to pay that much in foreign exchange.
If your business does not touch the far end of ÂŁ100,000 barrier; which is likely the case for small businesses, you would end up paying more to Revolut (based on current pricing).
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If its a better deal for you to pay 50p + 0,5% per transaction and you also need no corporate cards, nobody keeps you from using a TransferWise Borderless account. Maybe Revolut will also offer a pay as you go account for small businesses in the future. Just because the offer is not suitable for you, it is not generally bad.
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Small businesses make huge chunk of economy and ignoring that is definitely flawed, if not generally bad.
About pricing, have you looked at what other banks are charging for business accounts in the UK? If yes, youâd know that Revolut is over-priced for most people in the UK.
Itâs not me, itâs just basic maths (for small businesses).
Revolutâs < ÂŁ100,000 plan, does seem to be representing small business but with unjustifiable pricing.
With that being said, obviously, stuff still sells, whether expensive or not. I didnât call it âbadâ. I was just pointing to the factual trends in market or more generally what other average âbanking feesâ should be!
HSBC Business Account cost me 32 GBP / Year but offers nothing in terms of free exchanges, isnât multi-currency (which does cost extra!) and charges for international transfers, even if you send to HSBC in another country. If people all around the world use Revolut it will essentially be free transfers between Revolut accounts. Scale = win win!
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Need to keep in mind that percentage fees (Which is what Transferwise offers. Charging a spread per transaction.) punishes businesses that grow and increase their transaction volumes.
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Right, the opposite is also true (the point many are making here).
Transferwise âpunishesâ growth by taking a % fee off transactions.
Revolut âpunishesâ companies that grow slowly by charging upfront for services that may not be fully used.
Some people prefer to pay a % with each transaction so they donât have the initial capital outlay.
Some people prefer to have the initial capital outlay as they can plan their banking-related expenses at the get go.
In truth I would imagine very small businesses (start-ups) would prefer to pay a % fee, medium-sized businesses should pay a monthly fee. Large companies are tricky⌠Revolut is losing out on a lot of money by offering them accounts for 1000 GBP a month. These businesses probably spend much more in % terms with their current providers so Revolut is leaving a lot of money on the table.
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So⌠happy for the release of Revolut for Business, I tried to make my company subscribe to it. We are located in Belgium and Revolutâs FAQs claim that any company in the EEA can sign up for it.
Unfortunately, the signup page claims that Revolut for Business is not available in my country (Belgium).
Anyone else with the same issues?
Any chance for a lower entry level subscription as an example <10 000 GBP monthly income for 5-10 GBP/m ?
Hi @caprotti Belgium is definitely supported. Let me know if you still experience this issue, otherwise feel free to sign up via business.revolut.com/signup Look forward to see you onboard soon!