Opening a Revolut Account

Processing Time

For Individuals:

• Account registration takes from 10 to 30 minutes, provided all necessary documents are correctly submitted. Key steps include:
  
  

• Uploading personal data and documents through the mobile app.
  
  

• Passing the automatic KYC (Know Your Customer) verification.
  
  

• Gaining immediate access to account features after successful verification.
  
  

For Legal Entities:

• Opening a business account may take anywhere from a few days to two weeks. This is due to more complex verification procedures, including:
  
  

• Verification of company documents, such as the charter, registration certificates, and beneficiary lists.
  
  

• Clarification of the nature of the business and intended account use.
  
  

• Potential additional information requests from Revolut based on regulatory requirements.

Fees

The cost of service depends on the chosen pricing plan and additional services requested.

For Individuals

Revolut offers several pricing plans:

• Standard: Free, includes basic features such as multi-currency accounts, transfers between Revolut users, and a limited amount of currency exchange without fees.
  
  

• Plus: From €2.99 per month, includes extended features (+ purchase protection).
  
  

• Premium: From €7.99 per month, includes travel insurance, higher transaction limits, and other benefits.
  
  

• Metal: From €13.99 per month, offers exclusive features including cashback, personalized support, and higher limits.
  
  

For Legal Entities

Revolut Business offers plans tailored for companies of various sizes:

• Free: A basic plan with no monthly fee but limited transaction volume.
  
  

• Grow: From €25 per month, suitable for small and medium businesses with higher limits and access to integration tools.
  
  

• Scale: From €100 per month, designed for companies with higher transaction volumes and advanced management features.
  
  

• Enterprise: Custom pricing for large companies with personalized solutions.
  
  

Additional Fees

• Currency Conversion: Transactions within monthly limits are free; beyond the limit, a 0.5% fee applies.
  
  

• International Transfers: Free between Revolut users, but additional fees may apply for SWIFT transfers.
  
  

• Cash Withdrawals: Free within limits (e.g., up to €200 for Standard); beyond the limit, a 2% fee applies.
  
  

Legal Support

Opening an account with Revolut can come with complications, such as incorrect documentation, difficulty identifying company beneficiaries, or account blocks during transaction checks. These issues are particularly relevant for legal entities with complex structures or foreign founders.

"Kadyrov, Drokonov & Partners" helps eliminate such risks by offering services for document preparation and verification, supporting the KYC process, and consulting on compliance with Revolut’s requirements. Our experts promptly resolve disputes and ensure compliance with all legal and tax regulations so that you can enjoy the benefits of the service without delays.