Opening a business bank account in the UK no longer requires lengthy paperwork or waiting days for approval. With Revolut Business, you can start your application and have your account fully functional within as little as 15 minutes, making it an ideal solution for startups, freelancers, and growing companies.
🔹 Step 1: Quick Online Application
Revolut’s streamlined process starts with a digital application. You’ll need to provide:
- Your full legal name and company registration number
- Details about your business activity
- Your personal identification (passport or national ID)
- Contact information for directors and shareholders
The form takes about 10 minutes to complete.
🔹 Step 2: Upload Verification Documents
To comply with UK financial regulations, Revolut requires:
- Proof of ID (such as a passport)
- A selfie video for identity confirmation
- Certificate of incorporation
- Shareholder list and proof of business address
These documents can be uploaded securely through the Revolut Business portal or app.
🔹 Step 3: Fast Verification & Approval
Once all documents are submitted, Revolut begins its internal review. In most cases:
- Basic accounts can be verified within a few hours
- Complex business structures may take up to 24 hours
You’ll receive a confirmation email once your account is approved and ready to use.
🔹 Step 4: Start Using Your Account
Once verified, you’ll gain full access to Revolut Business features:
- GBP and multi-currency accounts
- Issue physical or virtual debit cards
- Send and receive payments internationally
- Real-time expense tracking and team management tools
- API integrations for invoicing, payroll, and accounting
You can manage everything through the Revolut Business app or desktop dashboard.
✅ Time Breakdown Summary
| Step | Approximate Time |
|---|---|
| Online Application | 10 minutes |
| Document Upload | 5–10 minutes |
| Verification & Setup | Within 24 hours |
| Total Time | As little as 15 minutes to start, 1 day for full access |
🔸 Who Can Open a Revolut Business Account?
Eligible applicants must meet these criteria:
- A UK-registered company (Ltd, LLP, PLC)
- At least one director based in the UK or EEA
- Business is not in restricted sectors (e.g., arms trading, gambling)
- Non-charity, non-cooperative legal structure
Sole traders and freelancers can also apply under Revolut’s specific personal or freelancer plans.
🔹 Plan Options
Revolut offers multiple business plans to suit different company sizes:
- Free Plan – Basic features with limited transfers
- Grow Plan – Includes multi-currency tools, team accounts
- Scale & Enterprise Plans – Advanced automation, API access, and higher limits
Each plan is designed to scale as your business grows, with flexible billing and transparent pricing.
🚀 Why Revolut Business?
- Fast onboarding without branch visits
- Competitive exchange rates and low fees
- Excellent for companies dealing with international clients
- Built-in invoicing, card issuing, and team expense tracking
- Ideal for remote and digital-first businesses
🔚 Final Word
Opening a Revolut UK Business account is a fast, secure, and modern solution for business banking. With application times under 15 minutes and same-day approval for most companies, Revolut helps entrepreneurs focus on growth—not paperwork.
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