Revolut Business for Swiss Freelancers: 2025 Guide 🇨🇭

Revolut Business Overview (Switzerland)

Revolut Business is a digital banking platform offering multi-currency business accounts that can be opened online in minutes. It’s known for low foreign exchange fees, modern app-based banking, and a Swiss IBAN for CHF transfers. Revolut operates in Switzerland via Revolut Bank UAB (Lithuania) with a local representation (Revolut Switzerland AG).

For Swiss users, Revolut provides a “Swiss virtual IBAN” (in partnership with PostFinance) to handle CHF payments. This means Swiss freelancers can receive and send CHF domestically using a CH IBAN, even though the funds are held by Revolut Bank abroad. In practice, clients can pay your Revolut account just like a local Swiss bank account, which is essential for ease of use. However, note that this IBAN is technically not a PostFinance account in your name – it routes payments to your Revolut account. Your CHF deposits are protected by EU deposit insurance (Lithuania) up to €100k, rather than Swiss deposit insurance.

Who is it for?

Revolut Business in Switzerland is available to registered companies and sole traders (including Einzelfirma / raison individuelle that are in the commercial registry). If you’re a very small freelancer without a registered business, Revolut now suggests using Revolut Pro (a free business-like account inside the personal Revolut app) instead. Revolut Pro is tailored for side-hustlers and unregistered freelancers, with no monthly fee and basic invoicing & payment tools. For this guide, we focus on Revolut Business accounts (assuming a professional freelancer setup), but keep Revolut Pro in mind if you’re just starting out or not officially registered – it’s an option with no fixed cost.

In a nutshell, Revolut Business offers Swiss freelancers a modern, globally-minded bank account with multi-currency capabilities and low fees on FX, all accessible via a slick app/web interface. You get features like multiple currency accounts, corporate debit cards, and integrations, but you won’t have the full traditional Swiss banking conveniences (like in-person service or some local payment systems). Let’s break down the key aspects:

Pricing Details 💰

Revolut Business uses tiered plans (recently updated in 2025) for its account fees:

Basic Plan: CHF 10 per month (previously there was a free tier, but as of March 2025, the entry plan is paid). This includes a set of free local transfers and currency exchange allowance.
Grow Plan: CHF 40 per month (was CHF 30). Higher allowances (more free transfers, larger FX limit).
Scale Plan: CHF 150 per month (was CHF 125). For bigger needs (even higher limits, more features like metal cards, etc.).
Enterprise Plan: Custom pricing for large businesses (likely overkill for a solo freelancer).

What’s included in these fees?

For the Basic CHF 10 plan, you get up to 10 free local transfers per month (e.g. CHF payments within Switzerland), unlimited free incoming transfers in major currencies, and about CHF 1,250 worth of foreign exchange (FX) per month with no markup. Beyond the FX allowance, a small fee (~0.6%) applies to exchanges. Basic plan users can have multiple currency accounts and issue a few business cards (the first card may have a delivery fee ~CHF 6-10) – Revolut usually shows any card fees in-app when ordering. ATM withdrawals with the business card incur a 2% fee on Basic (Revolut Business isn’t really meant for frequent cash withdrawals). Higher plans increase these limits: Grow offers ~CHF 20k FX allowance/month and more free transfers, plus possibly lower FX fees, and Scale goes up to ~CHF 80k FX allowance and many more free transactions. You can also choose annual billing for a small discount (Grow was CHF 480/yr).

Transaction fees

Sending money within Switzerland in CHF counts as a local transfer (free up to your plan’s monthly allowance, then about CHF 0.30 each). SEPA Euro transfers (from your CHF base account) are treated as international since Switzerland isn’t in SEPA EUR zone – but if you hold a EUR account in Revolut, you can send SEPA from that (those would be free as local EUR transfers within SEPA). Other international (SWIFT) transfers cost about CHF 7 each on Basic (Grow includes a few free perhaps). Receiving money: Incoming transfers in CHF, EUR, GBP, USD are free unlimited – great for getting paid by clients worldwide without inbound fees.

Bottom line on cost

Revolut Business Basic at CHF 10/month is quite affordable compared to many Swiss banks (which often charge ~CHF 5-10/month plus extras). And Revolut’s currency exchange at interbank rates can save a lot if you invoice or spend in other currencies (more on that next). If you have very low activity, Revolut Pro (free) might suffice, but it’s more limited (designed for simple setups). For a typical solo freelancer dealing with a mix of CHF and maybe some EUR/USD, the Basic plan’s allowances are usually enough – and you can always upgrade or downgrade as needed month to month.

Features & Benefits

Despite its low price, Revolut Business packs a ton of features that can benefit freelancers:

Multi-Currency Accounts

Manage funds in 30+ currencies under one account, with local account details (e.g. Euro IBAN, UK sort code). Exchange at interbank rates (within limits) via the app, ideal for international clients or suppliers.

Business Debit Cards

Get physical and virtual cards (Mastercard) with multi-currency support. Spend in 150+ currencies, auto-convert at interbank rates, and avoid typical foreign transaction fees. Up to 3 physical cards per person and 200 virtual cards on Basic. Higher plans offer Metal cards.

Invoicing & Payment Collection

Create invoices and payment links directly in the app. Clients can pay by card, Apple/Google Pay, or via a Revolut Reader (card terminal). Revolut Pro includes 1% cashback and enhanced payment tools.

Accounting Integrations

Sync with Xero, QuickBooks, and use the open API for custom connections. Swiss users can link to Bexio via Zapier or third-party tools like Revoxio.

Expense Management

Capture receipts, categorize spending, set spend limits, and track cash flow. Useful export options and analytics for taxes or financial review.

Mobile & Web App

Full control via a mobile app and web interface. Clean UI, real-time notifications for transactions, and ongoing feature updates.

Other Perks

Access to bulk payments, add team members with role permissions, and enjoy extras like discounts or partner rewards.

Feature Verdict

Revolut Business is surprisingly comprehensive for an SME account, earning a high feature rating (8/10) in one 2025 review. You get a powerful multi-currency wallet, cheap FX, cards, and modern finance tools that global freelancers will love. It’s essentially an all-in-one platform to run finances internationally. But what about the Swiss-specific needs? Let’s look at that next.

Integration in the Swiss Freelance Ecosystem 🇨🇭

Swiss freelancers have some unique requirements – think e-billing, QR invoices, VAT accounting, etc. Here’s how Revolut Business measures up in the local context:

Accounting Software (Bexio, etc.): Swiss tools like Bexio, Klara, and Abacus support automatic sync with Swiss banks via bLink, but Revolut is not supported. You'll need to export CSV or camt files or use an integration service like Zapier – an extra manual step compared to syncing with UBS or PostFinance.
VAT Handling: Revolut doesn’t handle Swiss VAT reporting. You can add VAT to invoices, but reporting must be done via external accounting software. This is normal, as even Swiss banks don’t offer VAT features.
QR-Bill Support: Revolut cannot scan or generate QR-bills. You can still manually enter IBAN and reference to pay them. However, it’s less convenient than using a Swiss banking app with a QR scanner. You also can’t issue QR references on Revolut invoices.
eBill (Electronic Bill Presentment): Revolut does not support eBill, the Swiss system for receiving bills directly in online banking. You’d need to receive PDFs by email or use another bank account for these.
Payment Methods (TWINT, Direct Debits): Revolut does not support TWINT or LSV direct debits. If you need TWINT (common in CH), you’ll need a Swiss bank or a Twint Prepaid wallet. For most freelancers, this means maintaining an extra local account.
Swiss Franc Cash or Checks: No cash or check deposits with Revolut, as it has no branches. You’ll need an alternative if your clients pay in cash – e.g. using a Swiss account to collect and then transfer to Revolut.
Language & Local Support: Revolut’s support is mainly in English; no full DE/FR/IT language service like with Swiss banks. This may be a downside if you prefer local-language interfaces or help.
Integration Summary: Revolut Business works well for CHF operations (you get a local CHF account), but lacks Swiss-specific features (QR-bills, eBill, TWINT). If your business is international, Revolut is great. For a domestic-only freelancer, a local bank may offer a smoother experience.

Customer Support & Service 🤝

As a freelancer, when you have an issue with your bank, you want quick help. Revolut is 100% digital support – primarily via in-app live chat. There’s no relationship manager or branch to visit, and no general phone line for human support (only an automated line to block a card).

Availability

The support is available 24/7 in-app, and Revolut boasts support in many languages (100+ languages via chat, per some reports). In practice, English is the main language for Swiss customers; you might get agents who can handle basic German or French queries, but expect English for advanced help. The response time is usually within a few minutes to an hour on chat, depending on time of day and load.

Quality

Experiences vary. Many users have positive interactions – quick answers and problems solved (as reflected in Revolut’s high Trustpilot rating 4.4/5). They can help with routine issues like card troubles, transaction inquiries, etc. For more complex issues (like compliance/account verification questions), resolution can take longer and you might deal with multiple agents. There is no dedicated business hotline unless you are on Enterprise (which offers a personal account manager). Basic/Grow/Scale users rely on the standard support team.

Swiss bank support vs Revolut

With a traditional bank, you could call a helpline or talk to a banker in-person for complex needs (like a loan, or an account freeze). Revolut’s model is different – faster for day-to-day things (no need to wait for office hours), but in extraordinary situations (say an account is temporarily frozen for a compliance check), you might feel a lack of human touch. That said, many freelancers using Revolut have no issues and appreciate the prompt chat help for small questions. Just be aware that there’s no local Swiss hand-holding; you are dealing with a big fintech support system.

Documentation and self-help

evolut’s Help Center is quite extensive and localized for Switzerland in parts. Often, you can find answers to fees or features just by searching the help articles (much faster than calling a bank and navigating their phone menu!). This guide itself cited some Revolut help pages which are easily accessible.

In summary, customer support is generally responsive but entirely online. If you’re comfortable with chat support and don’t foresee needing in-person advice, this should be fine. For those who prefer being able to walk into a branch or call a known advisor, Revolut will feel impersonal. As a freelancer, consider how you like to resolve issues: If you’re tech-savvy and okay with chat/email, Revolut’s support gets the job done. If you value having a banker who knows you, then a traditional bank has the edge.

⚠️Limitations & Missing Features⚠️

No solution is perfect – here are some Revolut Business limitations or missing features especially relevant for Swiss freelancers:

No Native Swiss Pay Systems: As discussed, no Twint, no eBill, no direct debit. Also, Revolut can’t participate in Swiss interbank instant payments or card reader deposit networks. You might need a backup plan for these.
“Virtual” Swiss Account: The CHF IBAN works for payments, but some savvy partners might notice it’s linked to PostFinance/Revolut. Usually not an issue, but for example, some government agencies or forms ask for your bank name – if you put Revolut, they may not recognize it as a Swiss bank (since Revolut isn’t a licensed Swiss bank). You might have to explain or use the PostFinance detail. It’s mostly a perception thing, but a few freelancers reported confusion when giving clients a Revolut IBAN (some older-school accountants expect UBS/CS/PostFinance, etc.). Finews even called Revolut’s Swiss IBAN rollout “confusing” for users initially. Just be prepared to clarify if asked.
Cash & Cheque Handling: As noted, you can’t deposit cash or cheques. If your business is cash-heavy, Revolut alone is not sufficient.
Credit & Loans: Revolut Business does not offer credit lines, overdrafts, or loans in Switzerland. If you think you’ll need a business loan, you’d have to approach a Swiss bank or alternative lender. Traditional banks often provide overdraft facilities to long-standing business clients – Revolut won’t, since it’s focused on transaction banking.
No Interest on CHF: Currently, Revolut doesn’t pay interest on business account balances. With Swiss interest rates rising recently, some Swiss banks started giving a small interest on business accounts or allowing sweeps to savings. Revolut keeps it simple – no interest, but also no negative interest (they never charged negative rates to users even when Switzerland had them).
Potential Account Freezes: Revolut (like any bank) must follow anti-money-laundering rules. Some users have experienced account blocks pending verification – e.g., if a large payment comes in, Revolut’s system might ask for additional documents. While this can happen at Swiss banks too, Revolut’s automated monitoring is quite strict. As a freelancer, make sure you keep invoices or contracts for incoming payments, so if compliance asks “what is this 50k CHF credit for?”, you can quickly answer. These incidents are not common, but worth being aware of.
Business Registration Requirement: To use Revolut Business (not Pro), you need to be a registered sole proprietorship or company. If you haven’t registered your one-person business in the Swiss commercial register and don’t plan to, you technically should use Revolut Pro (which is under your personal name). Revolut has actually migrated “Freelancer” accounts to either Business or Pro as of 2023. Using the wrong type might cause issues. For most serious freelancers, registering an Einzelfirma once revenue grows is advisable anyway.
Limited Swiss Integration: No built-in integration with Swiss tax systems or social security payments. You’ll be doing those via manual bank transfers. (For example, paying AVS contributions – you’ll just wire the money to the IBAN they give; Revolut will handle that fine as a CHF transfer.)
Support for Multi-User if needed: If you have a small team or your spouse helping, note Basic plan might only allow 1 user. You may need Grow to add a second user login. Probably not a concern for solo operations.

Most of these limitations have workarounds or may not apply to you, but they’re important to consider. Many Swiss freelancers use Revolut in combination with a local bank – e.g., keep a free personal account at a Swiss bank for Twint, cash handling, etc., and use Revolut Business for main operations (especially for international transactions where it excels). This combo approach can yield the best of both worlds, albeit with a bit more complexity.

Is Revolut Business “Good Enough” for Swiss Freelancers?

So, should you use Revolut Business as a Swiss freelancer?
Here’s our take:

👍 Where Revolut Business shines

Ideal if you work with international clients, manage multiple currencies, or travel frequently. You save on FX fees, get local account details, and enjoy a modern, intuitive app. Invoicing in EUR, converting to CHF at interbank rates, and spending directly is smooth and cost-effective. At CHF 10/month, it’s great value for freelancers working across borders.

👍 Also good enough for basic use

Even for Swiss-focused freelancers, Revolut can handle CHF payments, bills, and card spending – if you're okay with manual QR-bill entries and not using Twint. For low-cost, simple operations, Revolut Basic gets the job done.

👎 Where it falls short

It’s not fully localized for Switzerland – no Twint, eBill, or local bank branding. This can be a drawback for traditional clients or if you value a Swiss institution’s image/trust. No cash deposits, loans, or deep local integration either.

Customer support concerns also make some hesitant to use Revolut as their sole account for business. If something goes wrong at a critical moment (say a payment is delayed or your card malfunctions right before a trip), do you have confidence in only having chat support? Many do, but it’s a personal comfort level.

Recommendation: For a lot of Swiss freelancers, a hybrid approach is ideal: use Revolut Business for its strengths (cheap FX, multi-currency, low fees, modern app) and keep a Swiss account for local needs (e.g. a free personal Neon or a basic PostFinance account for Twint and backup). This way, you minimize costs and hassles. If you want to streamline to a single account, ask yourself: Are most of my transactions and clients local? If yes, maybe a Swiss-centric solution is smoother (as we’ll discuss below). If no (you’re more internationally oriented), Revolut could actually be the best single account solution.

Now, let’s compare Revolut Business to some popular Swiss alternatives used by freelancers, so you can see how it stacks up.

Swiss Alternatives:

Revolut vs Traditional Banks & Neobanks

Freelancers in Switzerland commonly consider the following for business banking: PostFinance, UBS (or former Credit Suisse), Neon, and Yapeal. Each has its pros/cons. Here’s a rundown of each alternative and how they compare to Revolut Business:

PostFinance

PostFinance is the financial arm of Swiss Post, widely trusted by locals and highly integrated into the Swiss system. It’s ideal for Swiss-based freelancers needing reliability and compatibility.

Pricing is CHF 5/month (CHF 60/year) for a CHF business account. Multi-currency accounts cost extra (CHF 60/year for EUR/USD). Cards range from CHF 30–80/year.
It offers a Swiss IBAN, eBill, QR scanning, TWINT, and solid web/app banking. You can integrate it with tools like Bexio via API, and it supports payment terminals.
✅ Pros: Full Swiss system compatibility, cash deposits at Post offices, TWINT, strong local presence, and stable Swiss ownership.
❎ Cons: Poor FX rates, costly international payments, limited app UX, foreign card usage incurs fees, and no 24/7 support.

Best for freelancers with a local CHF income, Swiss clients, and a preference for “it just works” simplicity.

UBS (and Credit Suisse)

Switzerland’s largest bank, offering full-service business banking with high reliability and prestige. Credit Suisse business accounts are now part of UBS.

The key4 business package is free for 1–2 years, then CHF 20/quarter (~CHF 80/year). Debit card ~CHF 40/year. Multi-currency possible (CHF 60/year per currency).
Provides a Swiss IBAN, QR/eBill support, TWINT, excellent app, Bexio/API integration, SEPA, and even lending/investment services.
✅ Pros: Full-featured Swiss banking, in-person service, loan access, stable digital tools, and broad support.
❎ Cons: Higher cost, bureaucratic processes, weak FX rates, no real-time FX, and limited card flexibility.

Great for freelancers needing traditional banking services, potential financing, or those already in the UBS ecosystem.

Credit Suisse (now part of UBS)

(We include this for completeness, though new Credit Suisse-branded accounts aren’t available post-merger.)
Credit Suisse used to offer similar business accounts as UBS, with packages including account + Maestro card, priced around CHF 90–120/year. They supported QR-bills, eBill, and offered bexio integration via direct banking.

Now: All CS clients are being migrated to UBS. New accounts follow UBS terms. There’s no separate CS offer anymore.

In short: CS = UBS now. Refer to the UBS section for current info.

Neon (Swiss Neobank)

A free Swiss neobank – but personal use only. Neon is a mobile-first, low-cost bank for private individuals in Switzerland. It’s known for its simplicity and zero-fee structure, but it is not officially allowed for business use.

You get a free CHF personal account with a Swiss IBAN and a very user-friendly mobile app. It supports QR-bill scanning, though it lacks eBill and native TWINT integration. It includes a Mastercard debit card with 0% FX markup on foreign transactions.
✅Pros: It has no base cost and offers excellent conditions for spending abroad, including access to the Mastercard exchange rate with no markup. The mobile app is sleek and modern, and the bank is backed by Hypothekarbank Lenzburg, ensuring deposit protection.
❎Cons: It cannot be legally used for business purposes under their terms and conditions. There are no official integrations with business tools like Bexio, and the absence of eBill and TWINT can be limiting. There is also a risk of account closure if used for business activities.

Ideal for: Freelancers with very simple, low-volume needs or those testing a side project, who are aware of the limitations and accept the legal risk of using a personal account for business purposes.

Yapeal

A Swiss fintech with real freelancer business support.
Yapeal is a fully digital Swiss bank offering business accounts for freelancers. You get a Swiss IBAN, modern app, QR-bill scanning, eBill, a Visa debit card with 0% FX markup, and Wise integration. TWINT is not yet available, but planned. Business-tier accounts include virtual accounts, extra cards, and responsive in-app support.
✅Pros: It’s tailored to freelancers, so you can use it legally for business. FX fees are low thanks to the Visa exchange rate, and it’s protected under Swiss financial regulation. Setup is fast, the UI is clean, and it has features like freelancer-specific notifications and payment labeling.
❎Cons: The business plan costs CHF 9/month. TWINT is not yet supported. Yapeal doesn’t offer lending products, and the user base is smaller than other banks, so some integrations or partner services may be limited. Multi-currency handling exists, but is not as flexible as Revolut.

Freelancers who want a legally compliant Swiss business account with modern fintech features, without sacrificing Swiss credibility or banking stability.

Now that we’ve compared alternatives...

...how does Revolut stack up?

Revolut vs Swiss Banks: Revolut wins on cost and multi-currency capabilities hands-down. Swiss banks (PF, UBS) will cost a bit more and absolutely charge more on FX conversions and international payments. If you frequently need those, Revolut saves you money and headaches (no need to open separate currency accounts, etc.). Revolut also offers a more feature-rich platform for things like integrating with QuickBooks, issuing multiple virtual cards, etc., which Swiss banks don’t offer in their basic packages. On the other hand, Revolut loses on local integration – every Swiss alternative can do Twint and easy QR handling, which Revolut can’t. They also lose on credit/loans – PostFinance or UBS could extend you credit if needed, Revolut won’t. And of course, Swiss banks come with that personal touch and Swiss regulation that some prioritize.

Revolut vs Neon: If it weren’t for Neon’s “no business” policy, Neon would be a fierce competitor due to zero fees. For a pure CHF, local-only operation, Neon (or the similar Yuh app by PostFinance/Swissquote) are extremely cost-effective. But because as a freelancer you should ideally use a business-designated account, Revolut has an advantage of being meant for business use (with proper account statements in your company name, etc.). Neon is awesome for personal banking, and you might keep Neon as your personal account while using Revolut Business for work. Think of Neon as what you’d use instead of a personal UBS/PostFinance, not necessarily as a business account.

Revolut vs Yapeal: This is interesting – Revolut offers more global reach (multi-currency accounts, global transfers internally) while Yapeal offers deeper Swiss integration. Pricing is similar (CHF 10 vs CHF 9 for basic plans). If you heavily value Twint, neither has it (yet), so you might still need something else. Yapeal will make paying local bills slightly easier (scan instead of copy-paste). Revolut will make getting paid in USD or GBP much easier (with local receiving accounts and no fees, whereas Yapeal would go through SWIFT or Wise). So this choice might boil down to your client base: global clients -> Revolut; Swiss clients -> Yapeal. Or use both and enjoy two fintechs 😄.

Conclusion

Revolut Business can be a game-changer for Swiss freelancers who deal internationally or want to streamline finances digitally. Its low fees, multi-currency superpowers, and modern features offer tremendous value. You’ll likely save money on every currency exchange and enjoy a slick banking experience. However, it isn’t a one-size-fits-all: purely local freelancers might find some gaps that need patching with additional solutions.

In 2025, the good news is you have many choices. You can mix and match to suit your needs. For example, you might use Revolut Business for your core business account (invoicing foreign clients, using the card for expenses) and keep a Swiss account (PostFinance or Yapeal) for local collections, or even maintain Revolut Pro or Neon personally for Twint and personal spending. There’s nothing wrong with using two accounts if it makes life easier – banking is much more flexible now than it used to be.

At the end of the day, “good enough” depends on your use-case. Revolut Business is absolutely “good enough” and then some if you operate beyond Swiss borders or want to minimize banking costs. If all your work is inside Switzerland and you value local conveniences, Revolut alone might feel lacking – but combining it with a local solution can cover those gaps easily.

This guide has given you a comprehensive look – now you can make an informed decision. Whether you go full Revolut, stick with a trusty Swiss bank, or run a hybrid setup, you’re in control of your freelance finances.

Happy banking and bonne chance with your business! 😊💼

Revolut Business for Swiss Freelancers