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Unsupported industries for Revolut Business

Client funds management

You can't use a Revolut Business account to process money from clients, regardless of your business type. You can't hold, exchange, transfer, or manage client funds in a Revolut Business account.

Client funds refers to any money that still belongs to your customers, for example in funding accounts. Any customer money you deposit must be in the form of earnings (profits) you've received from customers in exchange for products and services.

You can't open or hold a Revolut Business account if you carry out any sort of business or activity related to the following areas:

  • Armaments, nuclear, weapons, or defence manufacturers
  • Adult entertainment and pornography
  • Auction houses
  • Cannabinoids (THC, CBD, CBN)
  • Chemicals and allied products not elsewhere classified¹
  • Crowdfunding platforms
  • Cryptocurrency firms²
  • Consulates
  • Dating escort services
  • Diplomatic offices
  • Gambling
  • Embassies
  • Equity funds, mutual funds, and other investment funds
  • Fake goods and counterfeit consumer products
  • Fine art dealers
  • Foundations
  • Funds (including venture capital funds)
  • Non-profit organisations
  • Pawnbrokers
  • Pension schemes
  • Political organisations and institutions
  • Precious metals and stone dealers
  • Quasi-cash merchants
  • Religious organisations
  • Registered and unregistered charities
  • Secondhand car dealers
  • Secondhand heavy construction equipment dealers
  • Special purpose vehicles (SPVs) and special purpose entities (SPEs)
  • Streaming companies
  • Trusts
  • Video game arcade
  • Unregulated FX businesses
  • Unregulated loan businesses
  • Unregulated money services businesses
  • Unregulated remittance businesses

Chemicals and allied products

We’re unable to onboard any business (in any country) that:

  • produces, owns, sells, distributes, or supplies original materials to produce any goods that's on strategic export control lists in the UK. You can check the list on this page
  • produces, owns, sells, distributes, or supplies original materials to produce any goods that aren't on the control lists, but a general licence is required under end-use controls
  • involves sectors that may be subject to sanctions, such as the petroleum industry and the global processes of exploration, extraction, refining, transporting (for example by oil tankers and pipelines), and marketing of petroleum products

Cryptocurrency firms

We accept the following cryptocurrency firm types:

  • NFT platforms
  • Regulated custodial wallets
  • Non-custodial wallets
  • Blockchain consulting, application development, and technology service providers (hardware and software)
  • Blockchain and crypto news, learning and development platforms
  • Companies that accept or pay with cryptocurrency

We don’t accept:

  • Cryptocurrency exchanges
  • Cryptocurrency brokers and dealers
  • Ramp-up and ramp-down service providers that provide fiat-to-crypto exchange
  • Crypto ATM exchange operators that provide cash-to-crypto exchange services
  • Initial coin offering (ICO) providers where the coin could be used as a share in the firm, a prepayment voucher for future services, mode of payment in or outside the business that generated the coin
  • Companies where the primary business is crypto mining, investment, or trading
  • Crypto asset and investment management companies
  • Unregulated custodial wallet service providers