Revolut Business
EU-licensed business banking with Irish IBANs, SEPA Instant, and multi-currency accounts
EUR pricing guaranteed
Free trial available
Read our full Revolut Business review →Irish Compliance Assessment
3/6Direct connection to Revenue Online Service (ROS) for tax submissions
Real-time payroll reporting to Revenue as required since 2019
Irish IBAN issuance via Revolut Bank UAB Irish branch. Supports SEPA Credit Transfer and SEPA Instant Credit Transfer (SCT Inst). Direct bank feeds to Xero, QuickBooks Online, Sage, and other major accounting platforms.
SEPA XML: SEPA Credit Transfer, SEPA Instant
None
Customer support available during Irish business hours
Overview
Revolut Business provides digital-first banking for Irish companies, sole traders, and freelancers, operated in Ireland via the Irish branch of Revolut Bank UAB (licensed by the European Central Bank through the Bank of Lithuania). Customers can receive Irish IBANs (IE) through the Irish branch, send and receive SEPA and SEPA Instant transfers, hold 25+ currencies, issue physical and virtual debit cards, and connect the account to Xero, QuickBooks, Sage, and other Irish accounting platforms via API or bank feed. Deposits up to EUR 100,000 are protected under the Lithuanian Deposit Insurance scheme. Revolut Business is best suited to Irish tech companies, agencies, e-commerce sellers, and international-facing SMEs that need fast onboarding, low FX fees, and modern tooling - rather than branch banking or overdraft facilities.
Vendors.ie Verdict
Revolut Business is our first-choice business bank for most Irish SMEs launching in 2026. The combination of fast onboarding, Irish IBAN issuance, SEPA Instant, strong multi-currency tooling, and first-class integrations with Xero, QuickBooks, and Sage makes it the most frictionless option for tech-forward Irish companies. The trade-offs are real - no branches, no overdrafts, and deposit protection sits under the Lithuanian scheme rather than the Irish Deposit Guarantee Scheme - so Irish businesses handling large cash balances or needing credit facilities should pair Revolut with a traditional Irish bank. For day-to-day operations, FX-heavy invoicing, and modern bookkeeping workflows, nothing else on the Irish market matches it.
Pros & Cons
Pros
- Fast online onboarding, typically days not weeks
- Irish IBAN available via Revolut Bank UAB Irish branch
- Strong multi-currency and FX rates for international SMEs
- Native integrations with Xero, QuickBooks, and Sage
- SEPA Instant transfers included
Cons
- No physical branches or cash deposits
- No overdrafts or traditional business lending
- Deposit protection is Lithuanian (EUR 100k), not Irish
- Customer support is primarily in-app
Best For
Company Size
Sectors
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Quick Facts
- Starting price
- Free tier available
- Free trial
- Yes
- GDPR residency
- EU
- Revenue integration
- No
- PAYE Modernisation
- No
- Irish support
- Yes
Alternatives
Verification Notes
Confirmed: Revolut Bank UAB operates an Irish branch and issues Irish (IE) IBANs to eligible business customers. SEPA Instant and SEPA Credit Transfer supported. Free Basic plan with transaction-based fees; paid plans (Grow, Scale, Enterprise) offer higher free allowances. Xero, QuickBooks, and Sage integrations available. No Revenue ROS integration or PAYE Modernisation - Revolut is a current account provider, not accounting software.
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Get matchedPricing and feature data is indicative and may not reflect current vendor offerings. Always verify details directly with the vendor before purchasing.