Top 5 Revolut Alternatives for UK & EU Businesses [2026]

Revolut Business isn't free any more. The cheapest UK plan costs GBP 10 a month, includes GBP 1,000 of currency exchange at the interbank rate, and charges 0.6% on everything above that, or 1% outside market hours. A company converting GBP 20,000 a month on that plan pays about GBP 114 in FX fees before it sends a single international transfer, and each of those costs GBP 5.

Fees aren't the only reason people leave. Revolut's 4.7 rating on Trustpilot sits on over 460,000 reviews, and 7% of them are one-star: over 30,000 reviews, with recent ones from business owners describing accounts restricted for weeks and client payments held for 30 days. The five alternatives below all pass one test before anything else: each can open a business account for both UK-registered and EEA-registered companies. They're ranked on third-party signals, not on who pays for placement.

One thing has moved in Revolut's favour this year. Revolut Bank UK Ltd is now a fully authorised UK bank, as Revolut announced in March 2026, and according to Revolut, eligible business deposits that have moved to the bank are covered by the Financial Services Compensation Scheme (FSCS) up to GBP 120,000. None of the five alternatives is a bank, so weigh that before you move a large balance.

Why People Look for a Revolut Business Alternative

Five things drive most searches for a Revolut Business replacement, and each one can be checked on Revolut's own pages or its Trustpilot profile today.

The FX allowance runs out fast. Every Revolut Business plan includes a monthly amount of currency exchange at the interbank rate: GBP 1,000 on Basic, GBP 15,000 on Grow and GBP 60,000 on Scale. Above it, Revolut's business plan lists a 0.6% fee, and exchanges outside market hours cost 1%. For a business whose cross-border payments swing month to month, that makes the real cost hard to predict.

There's no free plan. UK plans cost GBP 10 a month on Basic, GBP 35 on Grow and GBP 125 on Scale when billed monthly. Basic includes no free international money transfers, so every one costs GBP 5.

Cash costs 2%. In the UK, every ATM withdrawal carries a 2% fee on every plan, and Basic's fee terms cap withdrawals at GBP 3,000 every 24 hours.

Support runs through chat. Revolut offers 24/7 support by in-app chat on its standard plans. A dedicated account manager comes with Enterprise only.

Account restrictions. Revolut holds 4.7/5 on Trustpilot from over 460,000 reviews, with 80% five-star and 7% one-star. Five-star reviewers mostly praise the app's ease of use, but recent negative reviews from businesses describe accounts restricted for weeks during "security checks", client payments held for up to 30 days and transfers frozen without explanation.

None of this makes Revolut a bad account, as our Revolut Business account review explains. If your FX volume fits inside your plan's allowance and you rarely need cash or a person on the phone, it may still be the cheapest option. If it doesn't, you're paying for a plan that doesn't fit, and the five providers below are worth comparing.

Find Your Best Fit in 60 Seconds

Skip the five deep dives and answer seven quick questions instead: where your company is registered, why you're leaving Revolut, your monthly FX volume, how you get paid, your card needs, the support you want and whether you hedge currency risk. You'll get a named recommendation, a runner-up and the reason for each.

The 5 Alternatives at a Glance

1. Wise: Best for Low-Cost FX and Receiving in Many Currencies

Wise is the only provider on this list that appears in the "people also looked at" panel on Revolut's own Trustpilot page, and it has by far the largest review base here: 4.3/5 from over 300,000 reviews. It operates in the UK as Wise Payments Ltd, an e-money institution authorised by the FCA (FRN 900507), and in the EEA through Wise Europe SA, authorised by the National Bank of Belgium.

Verified fees (UK, with EEA where it differs)

Key features

• Hold 40+ currencies in one multi-currency account, with account details to receive in 22 of them
• 24/7 phone support, alongside the help centre
• Spending on the card in a currency you already hold is free

2. iBanFirst: Best for High-Volume FX and Hedging

iBanFirst is built for established companies that trade internationally every month, and its reviewers rate it higher than any other provider here: 4.8/5 from over 1,300 reviews on Trustpilot, with 92% five-star and 1% one-star. In the UK it operates as iBanFirst Limited, an FCA-authorised e-money institution (FRN 1001629), and in the EEA, iBanFirst SA is regulated by the National Bank of Belgium.

Verified fees (EEA clients of iBanFirst SA: UK fees differ, see below the table)

UK companies are served by iBanFirst Limited on a separate schedule. Until 30 November 2026, they need GBP 50,000+ a year in FX, receive incoming payments free, and pay GBP 5 (shared), GBP 9 (you pay all fees) or GBP 0 (recipient pays) per SWIFT transfer. From 1 December 2026, the minimum rises to GBP 200,000 a year, and iBanFirst may charge a GBP 1,200 annual fee below that. Incoming payments stay free, and SWIFT transfers where you pay all fees cost GBP 9, GBP 20 or GBP 33 depending on the destination zone.

Key features

• Hold and receive funds in 25 currencies, and send payments in 135+
• Deliverable FX forward contracts to lock in a rate for a future payment, with collateral of 3% to 10% for contracts longer than a week
• An account manager as your first point of contact, plus free real-time payment tracking
• Connections to accounting or ERP software through EBICS, SWIFTNet or API, free until 30 November 2026, then EUR 1,000 to set up plus EUR 600 a year

3. Airwallex: Best for Multi-Currency Cards and Spend Control

Airwallex combines local account details in more than 20 currencies with company cards. It serves UK companies through Airwallex (UK) Ltd (FCA e-money institution, FRN 900876) and EEA companies through Airwallex (Netherlands) B.V., licensed by De Nederlandsche Bank, or AWX Lithuania UAB, supervised by the Bank of Lithuania. Its Trustpilot rating is the weakest of the rated providers here: 2.9/5 from over 2,500 reviews, with 36% one-star.

Verified fees (UK, with EEA where it differs)

Key features

• Global Accounts with local account details in 20+ currencies
• 10 company cards on Explore and 50 on Grow, with 5 free spend users on each plan
• Help centre and email support on all plans

4. WorldFirst: Best for Cheap Local Payments and Card Cashback

WorldFirst charges no subscription and prices local payments in pence, which suits a company paying many suppliers in GBP or EUR. It serves UK companies through World First UK Ltd (FCA e-money institution, FRN 900508) and EEA companies through World First Netherlands B.V., authorised by De Nederlandsche Bank. Trustpilot currently shows no rating for WorldFirst, citing a breach of its guidelines and the removal of fake reviews. The profile holds over 3,200 reviews, 16% of them one-star.

Verified fees (UK, with EEA where it differs)

Key features

• Up to 25 virtual cards, with no FX fee on card spending across 15 currencies and up to 1.2% cashback
• Phone, chat and email support
• Custom pricing for businesses turning over GBP 100,000+ a month

5. Payoneer: Best for Marketplace and Freelance Income

Payoneer is built around getting paid by marketplaces, platforms and overseas clients rather than running a full business current account. It serves UK customers through Payoneer Payment Services UK Ltd (an FCA-authorised e-money institution) and EEA customers through Payoneer Europe Ltd, authorised by the Central Bank of Ireland. Like WorldFirst, it has no Trustpilot rating on display because of a guidelines breach, and its profile holds over 63,000 reviews, 16% of them one-star.

Verified fees

Key features

• Send and hold 70+ currencies, with receiving accounts in 13 currencies
• Receiving accounts that let marketplaces and clients pay you locally
• Support by live chat, email and phone

Revolut vs All 5 Alternatives, Side by Side

Fees tell you what an account costs, while trust and support tell you what it's like when something goes wrong. The two tables below split the comparison that way.

Account Features and Fees

Support, Trust and Best Fit

At a glance: Wise publishes the lowest starting FX rate of the providers that publish one and has the deepest review base. iBanFirst wins on rating and personal service, but it only suits companies with high annual FX volumes. Airwallex is the pick for cards across currencies, WorldFirst for cheap local payments, and Payoneer for marketplace income. Revolut still beats all five on one point: eligible deposits at Revolut Bank UK carry FSCS cover.

Only Need One Market?

If your company only ever works in the UK, or only in one EU country, a single-market account can beat all five.

• UK businesses: Starling and Monzo are UK banks with FSCS cover, and Tide isn't a bank, but its current accounts are provided by ClearBank, with FSCS cover (some older Tide accounts are e-money accounts with PrePay Technologies). All three accept UK sole traders as well as limited companies, and Starling also accepts LLPs registered at Companies House. Our reviews of the Starling business account and Tide's business account, and our Revolut vs Monzo business account comparison, cover each one.
• EEA-registered companies: Qonto serves companies in France, Italy, Spain, Germany, Portugal, Belgium, Austria and the Netherlands, and bunq accepts businesses registered in the Netherlands, Belgium, France, Germany, Austria, Spain, Italy, Ireland or Portugal. Neither accepts UK companies.

How to Switch From Revolut Business Without Disruption

The riskiest part of switching is the gap between accounts, so run both in parallel for at least one billing cycle.

1. Open the new account first. Onboarding checks take anything from minutes to several weeks, and iBanFirst works through a representative. Don't touch Revolut until the new account is live and you've sent a test payment.
2. Send your new payment details to clients and platforms. Every customer, marketplace and payment processor that pays you needs the new account details, and some platforms re-verify a bank change before the next payout. Add a line to your invoice template straight away.
3. Move outgoing payments. Re-create supplier payees, standing orders and direct debits, and move card subscriptions to the new card before cancelling the Revolut card.
4. Reconnect your accounting software. Connect the new account to Xero, QuickBooks or whatever you use, and download your Revolut statements for your records before you close anything.
5. Check exit costs. On Grow and Scale, Revolut's UK fee terms say you repay the cost of your Metal card if you close your account or downgrade within three months of starting your plan, and an annual plan is paid up front.
6. Transfer the balance and close. Once a full month runs cleanly through the new account, move the remaining balance and close the Revolut account from the app.

Where Statrys Fits

Statrys doesn't open accounts for UK or EEA companies, so it isn't a like-for-like Revolut replacement. It's built for companies registered in Hong Kong or Singapore (and the BVI), which suits founders who trade with Asia through a local entity: say, a European founder with a Hong Kong or Singapore company.

For those companies, a Statrys multi-currency business account answers several of the reasons people leave Revolut:

• FX without an allowance cap: FX fees start from 0.1% on major currencies, with no monthly allowance to run out.
• A person, not just a chat window: every account comes with a dedicated account manager, with support also available by email, chat, phone and WhatsApp.
• One account number for 11 currencies: receive HKD, SGD, USD, EUR, GBP, RMB and five more, and send payments in 18 currencies.
• Local currency account details in Europe and Australia: Hong Kong account holders get local currency account details in the UK, Germany, Luxembourg, Denmark, Liechtenstein and Australia.
• A payment card in Hong Kong: eligible Hong Kong account holders can also get a Statrys Mastercard® payment card.

The application is 100% online, 96% of clients opened their accounts within 3 business days, and over 10,000 businesses hold a Statrys account. On Trustpilot, Statrys holds 4.9/5 from 500 reviews.