1. Why this information is important
These terms along with our Group Framework Terms, Business Terms and Business Fees page forms the legal agreement between you and Revolut (Revolut/we/us) for accounting integration software (the Accounting Integration) provided to you by third parties in the Revolut App.
2. What is Accounting Integration?
Accounting Integration is accounting software provided to you by third parties through the Revolut App. This software includes software to:
- manage your accounting information,
- sync invoices, and
- manage expenses.
We may make Accounting Integration available to you if you:
- have a Business Account with a Revolut Group entity, and
- use an accounting platform supported by the Accounting Integration available in the App.
Accounting Integration is not regulated by any financial services regulator. Complaints will therefore not be heard by the mechanisms for financial services dispute resolution.
3. How much does it cost to use the Accounting Integration?
Accounting Integration is included in the plan fee for your Revolut Business Grow and Scale.
4. What are my obligations when I use Accounting Integration?
You agree to:
- use Accounting Integration for internal business purposes only,
- comply with these terms and the Business Terms, and
- not use the product in any way that is unlawful or facilitates illegal activity.
We may suspend or terminate your access to the Accounting Integration immediately and without notice if you breach these terms or the Business Terms.
5. How do you use my data?
For the purpose of providing accounting data to you, we will need to share certain data about your Business Account with the providers of the Accounting Integration.
By using Accounting Integration, you acknowledge and agree that this data:
- can be shared with the providers of the Accounting Integration as necessary to facilitate our provision of the Accounting Integration, and you give us your consent for such data sharing,
- is legally obtained and owned by you, and doesn't violate anyone else's rights;
- shall be true and accurate, to the best of your knowledge, and shall not be defamatory, discriminatory, offensive, obscene, indecent or otherwise unlawful or objectionable,
- can be stored, used, reformatted and distributed and otherwise processed by Third Party Software providers to: (a) provide Accounting Integration; (b) to monitor, detect, prevent, reduce, or otherwise address fraud, risk, security, or technical issues; (c) to enhance or improve the Third Party Software providers’ products, or (d) as required by applicable law, and
- shall be provided in a description and format that Third Party Software providers may require to enable us to provide Accounting Integration.
6. What happens if something goes wrong?
We won’t be liable for any direct or indirect loss or damage that you suffer as a result of something that is outside our control or circumstances that are unavoidable despite us taking reasonable care. For example, failures of the Accounting Integration, legal or regulatory intervention or obligations and hardware or software issues. We’ll only be liable for foreseeable losses. If we break these terms, we will only be responsible for any loss that we could have foreseen at the time we entered into these terms. We will not be liable for any indirect loss you suffer arising in relation to your use of Accounting Integration, for example: loss of opportunity, loss of business or loss of profit.
You are solely responsible for checking the information created by or from the Accounting Integration. We are not responsible for any actions you take and payments you approve or create based on this information.
7. Will this agreement change?
We can make changes to these terms at any time. Where possible, we will give you notice before the changes take effect.
We reserve the right to suspend or terminate your access to Accounting Integration at any time without notice.
8. Legal bits and pieces
Subject | Clause |
Company information | Revolut Ltd is a company registered in England and Wales under the registration number 08804411 at 30 South Colonnade, London E14 5HX, United Kingdom. |
Accounting Integration providers | Codat Limited, a company registered in England and Wales under the registration number 10480375, with its registered office at 6-7 St. Cross Street, London, EC1N 8UB Chift, a company registered as a Belgian SRL, with the Crossroads Bank for Enterprises under number 0784.930.037, with its headquarter at 40 Rue Beeckman 40/5, 1180 Uccle, Belgium. Any other provider available to you in the App from time to time. |
Governing law | The laws of England and Wales apply to this agreement. |
Disputes | The courts of England and Wales have jurisdiction over any disputes between us. |
Entire agreement | These Terms, the Group Framework terms, the Business Terms, the Business Fees page and any other terms and conditions which are incorporated by reference in these documents constitute the entire agreement between you and Revolut in relation to third party accounting integration. For the avoidance of doubt, FAQs do not form part of our agreement with you. |
Our right to transfer | We may transfer and/or assign our rights and/or obligations under this agreement if we reasonably believe that this won’t have a significant effect on your rights under this agreement or if we’re required to do so under law. You cannot do this. |
Our right to enforce these terms | If you have broken any terms of this agreement and we don’t exercise our rights immediately, we reserve the right to exercise our rights at a later date. |
These terms are severable | If something in these terms is held to be unlawful, the rest of these terms will still apply. |
Third parties do not have rights | Other than the Accounting Integration providers, third parties do not have rights under these terms under the Contracts (Rights of Third Parties) Act 1999. |
Survival | The following provisions of the Business Terms will continue in force on or after the termination or closure of your account and shall remain in full force and effect: 5. How do you use my data? 6. What happens if something goes wrong? |