Going on a holiday without the hassle of exchanging some of your money into local currency, especially without those massive exchange fees, looked like something that came from a futuristic dimension. Fortunately, Revolut came along in 2015, and the future suddenly became present.

In this post, we take a look at Revolut’s availability worldwide and uncover some of the alternatives for users who are not eligible to open a Revolut or Revolut Trading account!

Revolut supported countries

Currently, Revolut (banking) is available for legal residents of the following countries and territories:

Australia
Brazil
European Economic Area (EEA)
Japan
New Zealand
Singapore
Switzerland
United Kingdom
United States
British Indian Ocean Territory
Isle of Man
Jersey
Guernsey
Virgin Islands
French Guiana
Guadeloupe
Mayotte
Martinique
Reunion
Saint Martin

Revolut available countries

The digital bank has plans to expand globally soon, namely in Ecuador, India and Mexico, where a waiting list is already ongoing. More countries will certainly follow suit.

Is your country not included here? Double-check it in Revolut’s official list of supported countries.

Revolut restricted countries (Lite account)

Currently, users from the following countries cannot create a Lite account. Existing customers can keep accessing Lite app until further notice:

Armenia
Azerbaijan
Bangladesh
Chile
Kazakhstan
Kuwait
Macao SAR, China
Malaysia
North Macedonia
Oman
Qatar
Republic of Moldova
Saudi Arabia
Serbia
Sri Lanka
Vietnam

Revolut business supported countries

Revolut Business is available only for companies registered in the European Economic Area.

Double-check the official list of countries where business accounts are available here.

Revolut Trading supported countries

Revolut stock trading services are available for legal residents of most countries where Revolut banking services are available.

However, it is not possible to trade stocks in the following countries: Belgium, Italy, Germany, and Japan. It’s not possible to trade crypto in some countries as well. Nevertheless, there are plans to expand these services globally soon.

Looking for alternatives to the Revolut platform? Below, we cover alternatives that cover both the payment and the investment sides of Revolut!

Revolut alternatives for digital banking

For those that are not eligible to open an account with Revolut or want to consider other digital banks, a few alternatives are worth mentioning!

Wise

A great service to send and receive money internationally, focused on low-fee foreign transactions.

Vivid Money

Vivid is a digital bank based in Germany, and its users can send and request money from other users without charges. At the same time, they can also invest in stocks, ETFs, cryptocurrencies and commodities. To register with Vivid, you need to reside in the EEA.

Monese

Monese is a digital bank that you can use on your smartphone and is focused around quickly setting up an account while they provide free transfers internationally. At the moment, you can use Monese in 31 countries in the EEA.

N26

A popular digital bank based in Germany. N26 is available in 22 European countries and the US.

Paypal

A global online platform to send and receive money for personal and business transactions. Paypal is available in more than 200 countries around the planet, including the US, UK, India, China, Australia, New Zealand.

Wealthsimple

The Canadian equivalent to Revolut. Allows users to send and receive money, invest in stocks and crypto, and more.

Cash App

Cash App allows users to make payments and spend using a debit card and even invest in stocks and cryptocurrencies. It only operates in the UK and the United States.

Revolut Payment Alternatives by countries available

Digital Bank	Accepts clients from
Wise	Worldwide. Exceptions include Ethiopia, DR Congo, Iran, Tanzania, Myanmar, Algeria, Sudan, Iraq, Uzbekistan, Saudi Arabia, Peru, Afghanistan, Angola, Mozambique, Yemen, Venezuela, Taiwan, Mexico.
Vivid Money	European Economic Area.
Cash App	US and UK.
Monese	Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain and the UK.
N26	Austria, Belgium, Denmark, Estonia, Finland, France (not Overseas), Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the US.
Paypal	Worldwide. Exceptions include Pakistan, Bangladesh, Iran, Turkey, Myanmar, Sudan, Iraq, Uzbekistan, Afghanistan, Ghana, North Korea.
Wealthsimple	Canada.

Revolut alternatives for stock trading

Similarly, if what you’re looking for is a service that covers the investment side of Revolut, including the ability to invest in stocks and cryptocurrencies, then below you’ll find some international alternatives that might suit your needs:

eToro

The world’s leading social trading platform with +30M users. It offers commission-free ETF trading (other fees apply). eToro review available here.
Disclaimer: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Interactive Brokers

It is an excellent option if you are looking for a more professional platform. Interactive Brokers has recently reduced its fees massively to remain competitive with all the new competition price-wise. Interactive Brokers review is available here.
💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors.

XTB

It offers commission-free stock and ETF trading and low spreads on hundreds of markets through CFDs on Stocks, Forex, Indices, Commodities, and Cryptocurrencies. Awarded multiples time as the best Forex and CFD broker. XTB review is available here.

DEGIRO

A low-cost broker from Europe that offers commission-free ETF trading (external fees apply) and lets you trade in a wide variety of other investment products – options, warrants, futures, bonds and leveraged products. DEGIRO review is available here.
Disclaimer: Investing involves risk of loss.

Webull

Another leading US-based broker offers commission-free stocks, ETFs, and options trading (for US-listed products). It gives access to the Webull business accounts for companies.

Wealthsimple

Canadian alternative that allows users to invest in crypto and stocks commission-free or invest easily through their Robo-advisor (automated wealth management).

Revolut Investment Alternatives by countries available

Trading app	Accepts clients from
eToro	Worldwide. Exceptions include Canada, Japan, Hong Kong, Russia.
XTB	Worldwide. Exceptions include Belgium, Japan, Hong Kong.
Interactive Brokers	Worldwide.
DEGIRO	15 European countries: Netherlands, Italy, France, Switzerland, Germany, Czech Republic, Spain, Portugal, Poland, Greece, Denmark, Sweden, Finland, United Kingdom, and Ireland.
Webull	US, Hong Kong, China, Singapore, Japan, the UK, and Australia.
Wealthsimple	Canada.

Bottom line

We hope you’ve found our breakdown of Revolut and its alternatives useful!

With so many different services to choose from, you’re bound to find one that fits your money needs — whether you live in Europe or elsewhere. Explore the companies you’ve found interesting and decide for yourself!

A reminder that the above should not be construed as financial advice and should be considered information only. Users should do their own research and diligence about the services and opportunities best suited for their needs and profile.

FAQs

Can you send and receive money internationally with Revolut?

Yes, you can send and receive money globally with Revolut.

Can you make payments to someone in a different country?

Yes. Payments to different countries and currencies are supported.

What countries are not supported?

Some countries where Revolut is not yet available include Colombia, Serbia, Montenegro, Israel, Egypt, Indonesia, Malaysia, Mexico, Pakistan, Philippines, Russia, South Africa, Thailand, Turkey, Vietnam, etc. You can still transfer money transfers to these regions.