Business fees (Enterprise - Custom)

Subscription

Subscription Fee

Add money

From a bank

* Note that intermediary and sending banks may also impose a charge on the sender.

** The Enterprise - Custom International Transfer Allowance excludes international transfers (inbound) in USD, GBP, EUR and CHF.

Cards

Card fees

* The Business is limited to holding three physical Revolut Cards per Authorised Team Member.

** Fees may apply if a Business Account is cancelled or Business Plan is changed within 3 months of opening or change.

Spend

ATM Withdrawals

ATM withdrawals are not permitted in Singapore.

* The amount of ATM withdrawals per day is limited to S$17,000.00 (or local currency equivalent).

** Please note that the ATM provider may still charge a fee to the Business for making an ATM withdrawal.

Send

Fiat Currency Transfers

* Note that intermediary and receiving banks may also impose a charge on the recipient.

Payment Processing Products

If no custom offer has been provided to you in respect of this section (fees for payment processing products and/or merchant chargebacks), the default rates below will apply.

Fees for our payment processing products

The table below shows the fees we charge for our payment processing products. Fees are payable on all transactions and there is no free allowance.

Our fees are made up of two components: the variable fee which depends on the transaction value, plus the flat fee (charged in Singapore dollars).

Merchant Chargebacks

The amount of the chargeback fee depends on the currency of the original transaction, as set out below:

Exchange

When a Business initiates a currency exchange in the Business app, we'll use a variable exchange rate, as set out in our Business Terms.

The exchange rates we offer do not include any fees within the rate of exchange. Rather, we apply a separate percentage-based fee as set out below, which is shown separately in the Business app whenever a currency exchange is made.

Exchange fees

Exchange fees applicable outside exchange market hours

An additional fee will apply to transactions made outside of exchange market hours. A transaction will be outside of exchange market hours if it is made between Friday 5pm and Sunday 6pm (New York time), which is a U.S. based time zone. For reference only, without taking into account daylight savings, the equivalent time period in Singapore is approximately Saturday 5am to Monday 6am (SGT).

The Business will be able to see the relevant exchange rate and the total of any applicable fees prior to transacting.

Features

The Business may be charged for the use of certain product features by an Authorised Team Member as set out below.

The Business can disable an Authorised Team Member’s access to certain product features in the Business app at any time. If product features are disabled prior to the commencement of the next monthly cycle the Business won't be charged in that month.

Feature fees

* The Business will be charged for an Authorised Team Member after they submit or approve an expense for the first time.

Cancellation and Variation

If a Business elects to vary its Business Plan mid-billing cycle, the new Business Plan will start on the variation date, and:

• the new monthly or annual Subscription Fee will be payable on the monthly or annual anniversary of the variation date; and
• the Business receives all of the benefits under the new Business Plan on the variation date. However, if a Business downgrades its Business Plan and has used up its card allowances it will not receive additional cards under the new Business Plan.