Guide to sending large payments with Revolut Business, including transfer limits

Need to send a large business payment? You may be paying a UK bill or invoice, or putting down a rental deposit on new office space - or perhaps you’re paying suppliers overseas.

In either case, you’ll need to find the safest, fastest and most cost-effective way to make your transfer.

In this guide, we’ll take a look at how large payments work with Revolut Business here in the UK. This includes how to set up a transfer, how long it takes and how much it costs. Plus, those all-important security considerations.

We’ll also quickly show you an alternative - Wise Business. You can securely send large transfers with Wise Business for low fees and fair exchange rates. This makes it ideal if you’re making a transfer across international borders.

Get started with Wise Business🚀

Can you use Revolut Business for large transfers?

Revolut does offer the facility to make large transfers either online or via the Revolut app. But for businesses, the most you can send per single payment in GBP in the UK is £250,000.¹

For international transfers, limits vary depending on the currency. Revolut Business accounts also have fair usage limits on how much currency you can convert.² This will apply when you send money internationally, as your GBP needs to be converted to the receiver’s home currency.

If you send or convert currency above this monthly fair usage limit, fees will apply.² We’ll look at these in more detail later.

It’s also possible that large transfers may take slightly longer to be processed, as extra security and anti-fraud checks may need to be carried out.

And of course, you’ll also need to be a Revolut business account customer before you can send money.

Is Revolut safe for large payments?

Revolut isn’t a licensed UK bank, although it has recently received a UK banking licence and is currently in a ‘mobilisation’ period while it sets up its banking services.

In the meantime, it remains authorised by the UK’s Financial Conduct Authority (FCA) as an electronic money services provider.³

As such, it is required to use security measures to keep your money and transfers safe. This includes sophisticated fraud prevention systems, which flag up potentially fraudulent transactions.

So, you can feel confident that using Revolut for larger transfers is a sensible and safe choice.

However, it’s always wise to take sensible precautionary steps when sending a large sum. These include:

• Double-checking the recipient’s bank details.
• Avoiding sending money to people or companies you don’t know - or haven’t verified for authenticity.
• Never feeling pressured into sending a payment - as it could be a scam.
• Avoiding sharing your online or mobile banking details with anyone.

How to make a large payment with Revolut Business?

To send any amount of money with Revolut Business, you’ll need to have a few recipient details.

Here’s what you’ll usually need to provide, including details for sending money abroad:

• The recipient’s name or business name as it appears on their bank account
• Their bank account number and sort code
• The type of account (i.e. a business account)
• The International Bank Account Number (IBAN) - for international transfers
• The SWIFT/BIC code for their bank - for international transfers.

If you’re sending to an existing Revolut contact, you’ll already have their details saved. So all you need to do is select the person from your contacts list.

To make your payment, simply follow these steps:⁴

1. Login to your Revolut account
2. Go to ‘Transfers’
3. Select ‘Send money’
4. Select the recipient from the list or click the ‘New’ button to add a new recipient. You may need to verify your identity with a selfie authentication to add a new contact.
5. Follow the on-screen instructions to set up and send your transfer.

You can make both domestic (within the UK) and international transfers using your Revolut Business account.

How long do large transfers take with Revolut Business?

Revolut’s transfer times for business payments all depend on where you’re sending money to. Here’s a quick look at how long you can expect your payment to take:⁵

What's the Revolut Business maximum transfer limit?

For domestic (within the UK) transfers, you can send a maximum of £250,000 GBP per payment with your Revolut Business account.¹

For international payments, the limit varies by currency. For example, you can send a maximum of:¹

• 100,000 EUR to Europe (SEPA payment)
• 5,000 GBP to India (INR)
• 7,500 GBP to the Philippines (PHP)
• 15,000 GBP to Indonesia (IDR)
• 29,999 BRL to Brazil
• 5,000,000 KRW to South Korea.

Another important thing to know if you’re sending international transfers with Revolut Business is that it has fair usage limits on currency conversion. This is a limit on how much you can send per month (for transfers requiring currency conversion), before an additional fee is charged. It all depends on what business plan you’re on:²

It’s also worth noting that Revolut charges international transfer fees, which vary depending on the destination, currency and amount.

There’s also a 1% fee for exchanging currency outside of market hours,² so you’ll need to bear this in mind when arranging international transfers.

You should also check the Revolut exchange rate before sending your payment.

Revolut Business alternative: discover Wise Business account

As an alternative to Revolut Business, check out Wise Business - which has multi-currency account and card solutions for businesses of all sizes. Transfer limits depend on what currency is being sent, here's a few of the most popular:

• GBP - £20 million GBP per transfer
• EUR - €20 million EUR per transfer
• USD - $20 million USD per local wire transfer, $1.6 million per SWIFT transfer

It’s also worth knowing that Wise offers discounts for sending large amounts over £20,000 (or the currency equivalent). The more you send, the more you save.

There’s a one time fee of just £45 to open a Wise Business account, with no ongoing monthly fees and no minimum balance requirements.

All accounts can hold and exchange 40+ currencies, and come with local account details to receive payments from 8+ currencies.

Whenever you need to convert currencies, to send a payment, spend with your Wise debit card, or within your account you’ll get the mid-market exchange rate, and low conversion costs from 0.33%.

Want more? Here are some of the Wise Business features you can access:

• Send money quickly or instantly to bank accounts in 140+ countries
• Get local account details in 8+ currencies, to be paid easily by others
• Hold and exchange 40+ currencies using the mid-market rate with no markup
• Issue business debit and expense cards for you and your team with no foreign transaction fees, and low conversion costs from 0.33%
• 0.5% cashback on eligible card spending
• Expense management tools at no extra cost
• Generate invoices and payment links to receive money easily from customers
• Access accounting integrations, batch payments, and a powerful API.

Register with Wise Business🚀

Sources used:

Sources last checked on date: 01-Sept-2025