Revolut freelance business account

fionagalway

I am in the early stages of setting up a podcast management business as a sole trader and looking at business accounts. I have registered a business name "Lunar Wave Media" and was considering opening a freelancer account with Revolut. I have a Revolut personal account and find it very good especially the foreign exchange.

You cannot use your business name on a Revolut freelance account will that look unprofessional?

Has anyone any experience with Revolut Freelance accounts?

GoogleBot

https://www.boards.ie/discussion/2058228000/revolut-freelance-business-account

Stay away from Revolut many people already lost money. Use Google Search. Is Not financially regulated in Ireland. If they take your money or get busted nothing you could do.

Effects

What kind of issues have people had with revolut?

GoogleBot

Revolut is not a bank and is not financially regulated in Ireland. Just some "dude" from the Internet so called digital bank...

And that's what people said about revolut

https://www.reviews.io/company-reviews/store/revolut

Effects

I like the way a dude from the internet made it easier to bank than actual banks.

fionagalway

https://www.boards.ie/discussion/comment/118478200#Comment_118478200

The internet will give you the answers you look for trust pilot.ie give a high rating 76% excellent, (Boards.ie won't let me post the link)

It would be nice to hear from someone that has actually used their business or freelancer account, I have been using the personal account for years and love it.

GoogleBot

https://www.boards.ie/discussion/comment/118484184#Comment_118484184

Trust pilot s year ago was full of negative comments until revolut start posting sweet comments about themselves.

Bottom line is not a bank and you have Zero guarantee of your money. Anytime anywhere by surprise expect your account beign closed and money vanished.

If you want to hide extra income from revenue that wouldn't work either.

fionagalway

I'm not hiding earningd from revenue.ie the only way to get away with that would be cash only,

I may have clients outside EU an would want a good exchange rate.

I can tell you really don't like revolut, can you advise on an other business account that is easy to set up and has a good foreign currency rate.

in2dark

N26 business. It is a bank (guarantee) and I use them the last 3 years

retalivity

I use Revolut for business banking, although mine is very much a money in/money out business - I do not keep much there, pay myself and revenue generally as soon as I can once the business gets paid. For those purposes, I have no issue it with it, its been relatively stress free.