Revolut Pricing: The Complete Fee Breakdown
Revolut Business is transparent on price for the countries it serves. The catch for India is availability itself. Here's the full breakdown for Indian exporters, with a worked example and a side-by-side calculator versus Skydo.
Over $1B processed • Licensed by RBI
Approved underRBI's PA-CB framework
Approved underRBI's PA-CB framework
Revolut Pricing Overview
Revolut Business pricing has a monthly plan fee ($10-$140+), a free transfer and FX allowance, then 0.6-1.6% fees beyond it. None of this applies in India: the account itself cannot be opened here.
The catch for Indian exporters isn't the fee structure at all, it's eligibility. Revolut Business requires company incorporation in the UK, EEA, Switzerland, Australia, Singapore or US, not India.
Compared to PayPal (5-8%) or Skydo's flat $19 to $29, the comparison doesn't really apply, since an India-incorporated exporter cannot open a Revolut Business account to test these fees at all.
Revolut Transfer Fees Explained
Revolut's fee only matters if your company is incorporated abroad. For an India exporter, there's simply no fee to compare here.
Approximate all-in cost for common currencies
FIRA charges
Revolut: Not offered; India licences don't cover exports at all. Skydo provides free instant per-transaction FIRA.
Multi-currency hold
Revolut: Not applicable; Indian firms can't try. Skydo offers multi-currency virtual accounts.
Revolut Exchange Rate and FX Margin
Revolut applies the interbank rate with zero markup, within your plan's allowance. Banks tack on 2-4%. This simply isn't accessible from an India-incorporated entity.
Where Revolut fails Indian exporters isn't FX margin, it's eligibility itself. The account cannot be opened by a company registered in India, at any invoice size at all.
For eligible UK, EEA or US companies, Revolut's FX is hard to beat. For Indian exporters collecting receivables into India, Skydo's flat pricing is actually usable, unlike Revolut.
Revolut Gaps and Charges to Watch For
Revolut is transparent on fees abroad. India's issue is access itself
No India eligibility
Indian companies can't open a Revolut Business account.
Consumer-only India presence
Licences cover cards and remittances, not receiving at all.
No FIRA pathway
There is no channel for Revolut to issue FIRA for Indian exporters.
No eBRC support
With no receiving product available at all, eBRC isn't offered either.
No GST invoicing
There is no India-facing invoicing tool.
No settlement path
There is no route for funds to reach an Indian bank via this product.
How Much Does Revolut Actually Cost? (Real Example)
An Indian agency invoices a US client $5,000, with today's mid-market rate at 1 USD = ₹90.
Invoice
$5,000.00
Breakdown
Revolut — what you lose
Invoice
$5,000.00
Breakdown
Skydo — what you keep
Since Revolut Business isn't usable in India, there's no delta to compute here
Revolut Pricing vs Skydo Pricing
Here's a clear side-by-side of every Revolut and Skydo fee, so you can see what each platform actually costs you per transaction.
Transaction fee structure
N/A in India
Flat $19 / $29 / 0.3%
Fee on $1,000 invoice
N/A in India
—
Fee on $5,000 invoice
N/A in India
—
Fee on $10,000 invoice
N/A in India
—
Fee on $50,000 invoice
N/A in India
—
FIRA
Not offered
Free, instant, per payment
Multi-currency hold (India)
Not applicable; Indian firms can't try
Yes
Is Revolut Worth the Cost for Indian Exporters?
Revolut has real strengths for some businesses. For Indian B2B receivables, the math depends on invoice size and compliance needs.
Revolut is worth it when.
You already run a UK, EEA or US entity and want Revolut's interbank FX and app. You don't need India-specific export compliance from this exact product
Revolut stops being worth it when.
You're an India-incorporated exporter needing to receive payments. You need FIRA and eBRC built in from day one. You need an account that will actually approve an Indian company's application.
Frequently Asked Questions About Revolut Pricing
What is Revolut's effective cost on a typical USD to INR transfer?
There isn't one to calculate. Revolut Business cannot be opened by an India-incorporated company, so there's no USD to INR transfer fee to report for Indian exporters. The fee structure that exists is only relevant to companies registered in the UK, EEA, Switzerland, Australia, Singapore or the US.
Does Revolut charge a forex markup?
For eligible companies abroad, no separate markup applies within your plan's monthly allowance and market hours; Revolut uses the interbank rate. Beyond that, a 0.6% fee applies, plus 1% outside market hours. None of this is accessible to an India-incorporated exporter, since the account can't be opened here.
Are there volume discounts on Revolut?
Revolut Business plans scale from Basic to Enterprise with higher free allowances at each tier, which functions similarly to a volume discount for eligible companies abroad. This doesn't apply to Indian exporters though, since India-incorporated companies cannot open a Revolut Business account at all.
What is the cheapest way to receive payments in India?
Since Revolut isn't usable by India-incorporated companies, the cheapest realistic option is a platform actually built for Indian exporters. Flat-fee platforms like Skydo charge $19-29 regardless of invoice size with zero FX markup and automatic FIRA, which is both usable and inexpensive.
Does Revolut provide FIRA?
No. Revolut's India entities hold only PPI and AD-II licences, which cover prepaid cards and specific personal remittances, not export receiving. FIRA requires PA-CB or AD Category-I authorisation, which Revolut does not hold in India, so there is no FIRA pathway through Revolut for exporters.
Should I use Revolut or Skydo?
Skydo, since Revolut Business isn't actually a choice here. An India-incorporated exporter cannot open a Revolut Business account at all, regardless of preference, so the realistic comparison is between platforms that are actually available in India, like Skydo, and not Revolut.
Revolut Business Isn't Open in India Yet
- Save as much as ₹8 lakh annually with Zero FX Margin
- Get international bank accounts in 5 mins across US, UK, EU and more
- Real time payment tracking and instant FIRA