Is Revolut Business safe? Your guide to security

If you’re running a business in the UK, finding the right finance tools is essential. They can help you manage your expenses, keep track of revenue, and ultimately grow your business.

But with fraud scams on the rise, keeping your money secure is more important than ever. At Revolut Business, that's our priority. We use the latest technology to stay ahead of fraudsters' techniques and protect your account.

This guide will walk you through our advanced security measures, how you can keep your account safe with our security controls, and how your company's money is protected in the UK.

Learn more about Revolut Business.

What is Revolut Business and how does it help your company?

Revolut Business is an all-in-one finance platform designed for businesses of all sizes, from startups to established enterprises.

Launched in 2017, it provides a range of tools that integrate with the apps you already use to run your business, offering more control and flexibility than traditional accounts.

Since we operate entirely via our web and mobile apps, we invest heavily in digital security. This focus allows us to provide you with real-time spend controls, card security features, and more.

Why UK businesses use Revolut Business

Revolut Business helps you keep your company finances organised, streamlined, and more efficient. Here are some of the features you get, all in one place:

• Multi-currency accounts: hold, send, and receive over 25 currencies. T&Cs apply
• Currency exchange: exchange and send money abroad at the interbank rate (within allowance, during market hours), so you keep more with every transaction
• Spend management: issue physical or virtual cards to team members with custom spending limits and permissions, ensuring your employees always have the right access
• Expense management: simplify financial reporting and automate expense approvals with features like receipt matching
• Integrated tools: connect with popular tools like accounting, productivity, and HR apps to save time on admin

Is Revolut Business safe in the UK?

So, is Revolut Business safe for managing your day-to-day operations? The short answer is 'yes'.

Our priority is protecting your business' money and data with advanced technology and strict security measures.

Industry-leading security technology and protocols

We use multiple layers of protection to keep your account secure, 24/7:

• Advanced anti-fraud systems: our machine learning models monitor every transaction in real-time, looking for signs of suspicious activity. If a transaction looks unusual, we flag it instantly and may require additional verification for your protection
• Data encryption: all sensitive data, including customer details and communications, is encrypted to prevent unauthorised access
• Virtual cards: create virtual cards with unique details to protect your main account and guard against threats when shopping online
• Card security controls: you can freeze your cards instantly if you think a card has been compromised
• Account locks: if you lose your device or suspect unusual activity, you can report fraud and lock down your account in seconds. Or, if you’re an admin, you can restrict your team members’ activity, like card payments and transfers

Learn more about how we keep your money safe.

Money safeguarding vs FSCS

Since we're currently an Electronic Money Institution (EMI) and not considered a bank in the UK yet, we protect your money through a process called safeguarding.

This is different from the method banks use to keep your money safe through the Financial Services Compensation Scheme (FSCS).

Both methods ensure that, if the institution were to fail, your eligible funds would be covered.

How Revolut safeguards your business funds

All EMIs like Revolut are legally required to use safeguarding to protect their customers' funds. Here’s how it works:

1. Segregation: when you deposit money into your Revolut Business account, we’re required by law to transfer it into a dedicated 'safeguarding account' held with a major global bank
2. Ring-fencing: this safeguarding account is entirely separate from our own operating capital. The funds are legally 'ring-fenced,' meaning we can't use them for our day-to-day operations or investments

Understanding how your money is protected is vital. If you have any questions about compliance or security, our support team is available to help via our in-app chat, 24/7.

Learn more about how your money is protected.

Can Revolut Business handle large transactions securely?

Yes, Revolut Business is built to handle high-value transactions safely and efficiently.

We use high-speed payment systems like the Clearing House Automated Payment System (CHAPS) and Faster Payments in the UK so you can send and receive money with peace of mind.

For added protection on high-value transfers, we have several security measures in place:

• Real-time monitoring: like all transactions, high-value transfers are monitored with our anti-fraud technology and may trigger additional security checks to verify authenticity
• Source of funds checks: for extremely large or unusual incoming transfers, we may require additional documentation from you to verify the source of funds, ensuring compliance with anti-money laundering regulations
• Transfer limits: while we offer high transfer limits across most currencies for flexibility, there are maximum limits in place to protect your account. Transfers of all sizes are supervised using the security measures described above to guard your money

Tips for keeping your account secure

Our security systems are built to keep your account safe, but there are also extra measures you can take to make good use of the security technology we offer for added protection.

Here are a few simple but powerful steps you can take to keep your Revolut Business account even safer:

Activate two-factor authentication

Two-factor authentication (2FA) is one of the easiest and most important security measures you can use. Ensure 2FA is active on all devices your company uses to access the Revolut Business app.

Manage team permissions

If you have multiple team members using your Revolut Business account, use our in-app tools to make sure they have the right access levels and controls:

• Assign clear roles: give team members only the permissions they need (for example, a junior employee may only need to view transactions, not approve them)
• Set spending controls: use individual card limits to control company spend and minimise the risk of unauthorised transactions

Monitor your account activity regularly

We send real-time notifications for every transaction, allowing you to spot and report any suspicious activity immediately. Make sure these notifications are enabled so you can track payments as they happen.

Protect sensitive business information

Never share your login credentials, PIN, or 2FA codes with anyone. Be wary of business scams — we’ll never ask you for your full password or PIN over the phone or via email.

If you receive a suspicious communication, report it immediately by contacting our support team via the in-app chat. Here's how to report a fraudulent card payment.

Keep your withdrawals extra safe with Wealth Protection

Turn on Wealth Protection to activate our advanced facial recognition technology and add an extra layer of security to your Revolut Business account. Any withdrawals above your set limit will require selfie verification to make sure it's really you authorising the transaction.

Ready to build a safer financial future?

We’re committed to providing the security you need from a financial partner and helping you stay in control of your money.

With innovative technology, transparent safeguarding methods, and rigorous compliance monitoring in place, you're free to focus on what matters most: growing your business.

Take the next step towards a flexible and secure financial future for your company.

Open a Revolut Business account.