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How can I transfer the ‘Owner’ account role to another person in the company?

What’s an account Owner?

Each Revolut Business account has one team member with the ‘Owner’ role. It’s initially the person who opened the Business account (the applicant), and who serves as our main contact. There can be only 1 Owner per account, but Admin role also provides additional team members full access to the account.

Can the account Owner transfer account ownership?

Account Owners can’t transfer the account ownership themselves, only an Admin can by following the steps below.

How can an Admin transfer ownership?

Before transferring ownership, ensure that the new Owner is on the Revolut Business account with the Admin role:

  • If they aren’t on the account yet, the current Owner (or any team member with the 'Manage team members' permission) needs to invite them as Admin (Team tab → Invite).
  • If they are already on the account but don't have the Admin role, the current Owner (or any team member with the 'Manage team members' permission) needs to re-assign them the Admin role (Team tab → select their profile → ‘Role’).

Now, the Admin can transfer account ownership on the web app:

  1. Log in to Revolut Business on web
  2. Go to the Team tab and select the current owner's profile
  3. Click ‘Delete team member’ (deleted profiles can be invited again later)
  4. Select the new owner from the list that displays

You can only change the Owner role after completing the application process. If your application isn’t complete, you’ll need to terminate the current application, and the correct account Owner will need to start a new one.