Revolut Business Expenses

Overview

Revolut Business Expenses is the expense management module inside a Revolut Business account, operated in Ireland through the Irish branch of Revolut Bank UAB (licensed by the European Central Bank via the Bank of Lithuania, Central Bank of Ireland reference C494274). Unlike Pleo, Soldo, Spendesk and Payhawk - which sit on top of a separate business bank account via open banking or a top-up wallet - Revolut Business Expenses is the same ledger as the underlying current account. Card spend, receipt capture, and accounting sync all happen against the company's primary IBAN, which since the corporate migration completed in 2023 is now an Irish (IE) IBAN for Irish-registered customers. That removes the reconciliation step most Irish finance teams hit when they pair a UK or Danish IBAN expense card with an AIB or Bank of Ireland current account. The expense workflow itself covers physical and virtual cards (up to three physical and up to 200 virtual per team member), per-card spend limits, custom spend programmes, optical character recognition that auto-fills the tax rate, transaction amount, date and vendor name from a receipt image, and native syncs to Xero, QuickBooks Online and Sage that push receipts, categories, tax rates and descriptions back into the accounting ledger automatically. Custom approval workflows and HR-system integrations are gated to the Grow plan and above. Pricing is two-part: the Revolut Business plan (Pro at EUR 0/month for sole traders and very small teams, Basic at approximately EUR 10/month, Grow from approximately EUR 30/month, Scale from approximately EUR 90/month, Enterprise on quote) plus a separate per-active-team-member fee for the Expenses add-on, where a member only becomes active and chargeable once they submit their first expense. Receipt images stored against an expense satisfy Revenue's six-year retention requirement under Section 886 of the Taxes Consolidation Act 1997, in line with Revenue eBrief 09/15 which permits clear, unaltered electronic image storage in place of paper originals. The fit profile is Irish SMEs already running Revolut Business as their primary current account who want a single-pane view of card spend, receipts, and accounting sync without bolting on a second platform.

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