Business API

Counterparties

To make a fund transfer or payment, add the counterparty that you intend to transact with. You can then retrieve one or all counterparties, or delete a counterparty.

Request and response examples can vary based on the account provider's location and type of the counterparty. For more information, see: Tutorials: Create a counterparty.

If you are on a freelancer account, to be compliant with PSD2 Strong Customer Authentication regulations, you must manually approve the counterparty with 2-factor authentication (2FA) on the Revolut Business Portal before you can make a payment. This can ensure maximum security in case of access token leakages and other fraudulent activities.

Retrieve a list of counterparties

Get all the counterparties that you have created. You can also use the query parameteres to filter or paginate the results.

Retrieve a counterparty

Get the information about a specific counterparty by ID.

Delete a counterparty

Delete a counterparty with the given ID. When a counterparty is deleted, you cannot make any payments to the counterparty.

Create a counterparty

Create a counterparty for an existing Revolut account or non-Revolut bank account. For more information, see: Tutorials: Create a counterparty

Validate an account name (CoP)

Use Confirmation of Payee (CoP) to validate a UK counterparty's account name against their account number and sort code when adding a counterparty or making a payment to a new or existing counterparty.