Revolut is a fast-growing startup that provides a number of financial services, including payment cards, currency exchange, and banking. It is headquartered in London with over 1 million customers and €3 billion in transactions per month. Since the company was founded in 2015, it has raised over $200 million from investors such as Index Ventures and Balderton Capital. If you want to more details about Revolut Account you can visit “buy vcc”. Anyway, let’s get into our main topic.
What is Revolut?
Revolut is a digital bank that offers prepaid cards, current accounts, and business accounts. They also offer insurance, and cryptocurrency trading and they have their own payment app too.
Why do you need it?
Verified accounts are more likely to get approved. Revolut is a digital bank and needs to be sure you are who you say you are. Verified personal accounts can be used for business purposes in the UK, Europe, and Australia only.
How to apply for a Revolut account online
To begin the process of applying for a Revolut account online, you need to go to their website and click on the “Sign up” button. You will then be asked to select your country of residence and payment method.
After that, you will fill out a form with your personal information such as name, email address, and phone number. After filling out this information, you must upload any documents that prove your identity (for example passport). This step is mandatory because it ensures that only verified individuals can access Revolut services. When filling out this last step in applying for a new Revolut account online remember not to forget anything important so that there won’t be any delays in getting started with using their services quickly!
Once all these steps have been completed successfully then all that is left is to click on “Submit” so that they can know how soon they can expect someone from the support team to contact them back via email about verifying their account soon enough!
Get a UK current account.
To get a Verified Revolut Account, you need a current account with Barclays or Lloyds Bank. If you don’t have one, set up a UK current account with Barclays or Lloyds Bank.
Next, open your UK current account with Barclays or Lloyds Bank and link it to the payment card you wish to link to your Revolut account. You’ll need:
- Your name as it appears on your passport (or another form of ID)
- A UK mobile number (you can use Google Voice)
- A UK email address (with Gmail)
Get a business account.
In order to get a business account, you need to have a company that’s registered with the government. You can do this by registering your company as an LLC (limited liability corporation), or getting yourself incorporated in Delaware as an S-corp or C-corp.
You’ll also need to show proof of your business by providing a certificate of incorporation, or some other form of documentation which shows that you are indeed operating a legitimate business.
Payslips, bank statements, and letters from clients.
When applying for a Verified Revolut Account, you will need to provide the following: payslips, bank statements, and letters from clients.
- Payslips
You must include two months of payslips for each person applying for the account. This will help prove that you are earning enough income to meet the requirements of opening a Revolut account.
- Bank Statements (including credit cards)
You must also provide six months’ worth of recent bank statements showing your income or holding accounts with an average monthly balance of at least £5k. You may also need to show credit card details if applicable as well as any other sources of income such as property rentals etc. Make sure that these are not older than 90 days old when submitting them in order for them not to be rejected because they no longer belong there after being paid out into it over time – this is due to security reasons so only submit up-to-date ones instead if it applies!
Prepare your documents to be verified.
To apply for a non-business account, you will need to provide the following documents:
- Proof of residence (a UK current account): Recent payslips/bank statements or letters from clients.
- Proof of business (a business account): Bank statements showing your company’s turnover and balance sheet or letter from an accountant.
Conclusion
If you’re starting your own business, having a Revolut account can be very beneficial. It allows you to make payments from anywhere in the world without having to pay any fees, and it also gives you access to local currency wherever you might be located. This article has covered some of the most important steps for getting your business up and running on Revolut: getting a UK current account, applying for an EU-wide business account and preparing your documents for verification purposes. We hope this helps guide you through the process with ease!
