Revolut as a main business account

[Fadi]

Hi,

I was wondering, I've just started my limited company and since I deal a lot with multi currencies I'm considering Revolut business account.
My question is, since Revolut is not an actual bank, can it be my company's only bank account, or do I need to also open a high street bank account?

Thanks,

 

[Tornado220]

Hi,

I was wondering, I've just started my limited company and since I deal a lot with multi currencies I'm considering Revolut business account.
My question is, since Revolut is not an actual bank, can it be my company's only bank account, or do I need to also open a high street bank account?

Thanks,

My experience is that certain companies / suppliers may not deal with you, some merchant service companies will also need a bank. This is my experience only I am no expert

 

[fisicx]

Revolut is not a business bank. It’s a transaction service.

I’d not rely on it as a sole financial source