Revolut & freelance income

[Suzy Emerald]

Hi all, does anyone know if Revolut will allow 4 digit monthly freelance income to be received from a NL bank on a personal/standard account? Account holder is EU citizen, non-EU/US resident. Dont want to risk them freezing my account.

 

[aniglo22]

Yes but you need an business account

 

[Suzy Emerald]

ok thanks. So they will have me receive freelance income on a personal account. Its just temporary,

 

[aniglo22]

ok thanks. So they will have me receive freelance income on a personal account. Its just temporary,

You will get your account terminated it's against the T.O.S , if they detect it . It's not a good practice to mix personal and business .

 

[Sols]

If you're freelancing as yourself and not through a company, using a personal account should be fine, especially if the amounts are in line with an average salary.

Make sure you have an agreement in place and can provide invoice for each payment if they ask.