Lawyer
Expert in international corporate, IT, and crypto law. Has extensive experience in business setup and support in the USA, EU, LATAM, and the Middle East. Specializes in corporate structuring, compliance, KYC/AML, IP, GDPR, as well as regulation of crypto and fintech projects.
Opening a corporate account in the neobank Revolut
In a world where traditional banking institutions may still require your physical presence and stacks of paper copies, opening a full-fledged European corporate account from a smartphone seems like an impossible feat. However, behind the friendly interface and instant transfers lies a tough, fully automated compliance system. The algorithm that lightning-fast approves your application for business registration can also instantly freeze the company’s assets at the first suspicion of a violation of financial monitoring rules. Prikhodko and Partners lawyers provide comprehensive support in working with neobanks: from a detailed explanation of compliance rules and assistance with the safe opening of a corporate account to the prompt unblocking of assets in the event of their unforeseen freezing.
Opening a corporate account in Revolut for Ukrainians 2026
Only Ukrainian entrepreneurs and companies whose business is officially registered in the countries of the European Economic Area (EEA), the United Kingdom, Australia, Singapore, Switzerland or the United States, on the Åland Islands, Canary Islands, Azores, Madeira and Mayotte Islands can open a full-fledged corporate account. In addition, a critical requirement is confirmation of the European address of residence of the founder himself (Proof of Address). The system accepts a clearly regulated list of documents issued in Latin letters, including: statements from local bank accounts, recent utility bills, official housing lease agreements, letters from government agencies on the accrual of social benefits or a residence permit with the specified address. For Ukrainian entrepreneurs considering the jurisdiction of the United States, Revolut Business in 2026 offers the “Run your US business from abroad” model.
Revolut tariff plans
The neobank’s economic model is based on a “freemium” strategy – basic needs are met for free, but true financial freedom begins after signing up:
| Tariff plan | Cost (per month) | Free transfers (Local/International) | Currency exchange limit and benefits |
| Basic | £10 / €10 | 10/0 | £1,000; basic features to get started |
| Grow | £30–35 / €30 | 100/5 | £15,000; 1 Metal card, API access |
| Scale | £90–125 / €90 | 1,000/25 | £60,000; 2 Metal card, priority API |
| Enterprise | Individual | Custom | Custom limits and dedicated manager |
As practice shows, switching to extended tariffs pays off in just a few large international transactions with counterparties due to savings on interbank commissions.
Revolut Business for Ukrainian companies
Among the main scenarios for using a corporate profile for small and medium-sized businesses, the following are worth highlighting:
- Card issuance and flexible expense control: legal entities and entrepreneurs can issue virtual and physical corporate cards for their employees, setting individual limits and transaction authorization rules.
- Payment automation and integration with accounting: the Revolut BillPay module uses elements of artificial intelligence to recognize invoices, and the open API provides seamless synchronization of income and expenses with popular accounting programs.
- Multi-currency settlements and bulk payments: the company gets the opportunity to accumulate funds in more than 30 currencies, make bulk payments to contractors or employees (bulk payments), and convert capital at a favorable interbank rate.
Blocking of Revolut corporate accounts: reasons and risks for Ukrainians
What most often becomes a trigger for financial monitoring algorithms:
- A sharp change in usual transactional behavior, for example, receiving an unusually large transfer from a new unverified counterparty.
- Expiration of the founder’s residency documents (if your temporary residence permit in the EU has expired and a new one has not yet been uploaded to the system, access to corporate funds is automatically limited).
- Regular or large-scale transactions related to cryptocurrency exchanges, which European regulators traditionally mark as operations with an increased risk of money laundering (AML checks).
Proof of Source of Funds: What is Compliance Required?
If you receive an official request for Source of Funds verification, the system will only accept clearly structured evidence:
- For B2B services and freelancers: official contracts with signatures of the parties, invoices, tax returns and detailed bank statements that clearly show the name of the counterparty in the payment order.
- For private investors and shareholders: certificates from management companies about the payment of dividends, statements from brokerage accounts, investment certificates or tax reports of a legal entity confirming your legal status.
- In cases of sale of corporate property: notarized purchase and sale agreements, documents on the change of ownership, supported by bank statements on the transit of funds.
Find out the cost of legal support
Legal Services: Revolut Account Unblocking and Asset Protection
When it comes to frozen corporate assets of a company, independent attempts to prove your case often lead to the final closure of the profile without the right to appeal. The practical expertise of Prikhodko & Partners proves that 90% of refusals arise not due to the illegality of capital, but due to incorrect legal registration of evidence (Source of Funds), translation errors or inconsistency of transactions with the declared profile of activity.
The unblocking process begins with a detailed audit of your corporate financial history, structuring of income and preparation of verified memoranda. Prikhodko & Partners lawyers mediate directly with European regulators, which allows you to bring the case out of the deadlock of standardized replies into the plane of constructive legal dialogue.
Legalization of capital, correct preparation of tax returns, structuring of dividends for business owners – all this requires a systematic approach. For Prikhodko & Partners clients, interaction with the European financial machine turns from an unpredictable lottery into a clear, consistent process, the purpose of which is to guarantee the return of access to their own finances and protect their international business reputation.
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How do I properly confirm income for foreign bank compliance if I am a freelancer?
It is not enough for freelancers to simply explain the essence of their activities to the support service. European financial monitoring requires clear documentary evidence: signed contracts with foreign customers (with deadlines and amounts), official invoices, bank statements showing the sender’s name, and current tax returns. All these documents must be current, contain your accurate passport data, and be properly translated, otherwise the scoring system will automatically reject them.
What activities does Revolut Business consider prohibited or too risky in 2026?
The bank refuses to serve companies operating in the areas of gambling, arms trading, antique auctions, as well as cryptocurrency exchanges, brokers and mining companies. At the same time, the platform allows opening accounts for NFT platforms, blockchain application developers and regular businesses that accept cryptocurrency as payment for their services.
How quickly are funds from customers for goods or services sold credited to the business account?
In 2026, Revolut Business provides fast settlement: payments from customers received via payment acceptance tools (QR codes, payment links or web acquiring) are typically credited to your Merchant account within 24 hours. This allows entrepreneurs to quickly manage the capital received to cover ongoing business expenses.
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