What will happen to my account when it’s transitioned?
On the day we transition your Business account, it'll automatically transition from an e-money account with Revolut Ltd to a Business current account with Revolut Bank UK Ltd (Revolut Bank). You’ll still be able to use your Revolut Business app and all its features as normal.
Eligible deposits up to £120,000 will be protected by the Financial Services Compensation Scheme (FSCS). For more information about the scheme, and protection eligibility, read this article and the FSCS Information Sheet and Exclusions List.
Your Revolut Business account details will remain the same and there will be no changes to your existing features or fees.
Terms
From the day your account transitions to Revolut Bank, the following terms and fees documents will apply to your Business account:
In addition to these account terms, we've also updated other terms and policies that may apply to your account. You can view them on this dedicated webpage.