You are not allowed to use a Revolut Personal Account for business transactions. Using it for business purposes is a breach of the agreement and could lead to account suspension or closure.
This analysis describes what Revolut's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Freelancers, sole traders, or small business owners who use their personal Revolut account for work-related payments could find their account suspended or closed, potentially losing access to funds.
Interpretive note: The terms do not define 'business purposes' with precision, leaving ambiguity for users with mixed personal and freelance financial activity.
Using your Revolut Personal Account for any business purpose, including receiving client payments or making business purchases, is a breach of these terms and gives Revolut grounds to suspend or close your account.
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If our moderators decide to remove content, or suspend or terminate the Member's account, we will notify the Member and explain how to contact us.
"You can't: open more than one Revolut Personal Account; use a Revolut Personal Account for business purposes; or open a new Revolut Personal Account if we've previously closed a Revolut Personal Account in your name. It is a breach of this Agreement to use your Account for business purposes.Excerpt from Revolut's Terms of Service
REGULATORY LANDSCAPE: This provision engages the FCA's regulatory perimeter for e-money institutions, which distinguishes between retail personal accounts and accounts used for commercial purposes.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
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Freelancers, sole traders, or small business owners who use their personal Revolut account for work-related payments could find their account suspended or closed, potentially losing access to funds.
Using your Revolut Personal Account for any business purpose, including receiving client payments or making business purchases, is a breach of these terms and gives Revolut grounds to suspend or close your account.
ConductAtlas has identified this type of provision across 277 platforms. See the full comparison.
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