How to Withdraw Money from Revolut Business Account

Remay Villaester (May)
3 minute read

Revolut is one of the fastest-growing digital banks. It started in 2015 as a travel card that provided cheap exchange rates but has now grown into a global financial superapp for handling all things financial.¹ In this article, we’ll look at how best to withdraw money from Revolut.

What are the ways to withdraw money from Revolut?

Revolut has multiple ways for you to withdraw money from the app. Here are a few ways to do that:

  • Withdraw with a Debit Card: Revolut provides its users with a Mastercard or Visa debit card that can be used worldwide. You can also create a virtual card for online purchases. However, this option is mostly for purchases rather than withdrawals to yours or someone else’s bank account.²
  • Withdraw to bank account: You can withdraw your money from Revolut directly into your bank account. You can transfer money into your local personal account, or internationally into another account with a different currency.³
  • ATM withdrawals: You can withdraw money from ATM Machines globally via Revolut’s supported providers. ⁴

As you can see, there are a few different ways to withdraw from Revolut.

How much does it cost?

One important thing to know is how much it costs to withdraw money from Revolut. The fees depend on the type of subscription you have with them. Here’s a quick rundown of withdrawals fees per subscription.⁵

Subscription feeFree£25/month£100/month£1,000/month
Local transfers£0.2 per payment after the free allowance100 free transfers then £0.2 per payment for anything over1000 free transfers then £0.2 per payment for anything overFree
International Transfers£3/payment + 0.4% markup on FXNo fees for transfers below £10K (both inbound and outbound) then £3/payment + 0.4% markup on FXNo fees for transfers below £50K (both inbound and outbound) then £3/payment + 0.4% markup on FXFree
ATM withdrawals2% fee on all withdrawals2% fee on all withdrawals2% fee on all withdrawals2% fee on all withdrawals

Please keep in mind that there's also a fee of 1% for exchanges in money currencies that are traded less and so are not always easily available. These currencies are THB and UAH. They also charge a fee of 0.5% for exchanges on weekends and bank holidays (in London) because exchange markets are generally closed and less currency is traded during these times.

Revolut currently supports these currencies: AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, JPY, NOK, PLN, RON, SEK, USD, ZAR.

If you’re dealing with higher amounts and don't want to get a subscription, consider using an alternative like Wise to take advantage of the real exchange rate for all transfers without limits and conversion in over 50 currencies. You can also take advantage of the multi-currency account and receive payments in EUR, USD, GBP, AUD, NZD, PLN, RON and HUF for free. This also comes with a multi-currency debit card that you can use while traveling or simply for purchases in different currencies. See how Revolut is compared to Wise.

Start saving today with Wise

How to Withdraw Money from Revolut Business?

How you withdraw money from Revolut depends on the type of withdrawal that you enact.

Withdrawing with a debit card on an ATM is very simple, and it follows the normal withdrawal process. The only major difference is that you should select to be charged in the local currency of the country that you are in. This ensures that the Revolut exchange rate is used.

Transferring to another bank account is pretty simple too.

  • Simply tap the Payments tab in the Revolut app, then click Transfer, followed by Add bank account.
  • You will then be asked to add the recipient’s bank details, the amount and currency, and hit send.

Transferring to a Revolut account is also very easy. All you need to do is either search for your friend’s username or use their phone numbers if you have them. Just click payments, and then the + button, and you’ll see your friend’s name with a big blue R in front. Just tap their name, select the amount you want to send, and the currency, and they’ll receive it instantly in their Revolut account.

To set-up a direct debit:

  • Just provide the company with your bank account details, as seen in the Revolut app (only available for EUR or GBP).
  • For direct debits that require a GBP address, just input: Revolut Address: 7 Westferry Circus, Canary Wharf, London E14 4HD.


  1. Revolut About page
  2. Revolut help articles - making cash withdrawals
  3. Revolut help article - How to send money to a bank account
  4. Revolut Business account fees
  5. Revolut Business Price Plans

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

Wise is the smart, new way to send money abroad.

Find out more

Tips, news and updates for your location