Revolut has grown from a travel money card to a full banking alternative used by millions of UK customers. Their statements are unique — mixing traditional banking transactions with multi-currency exchanges, crypto purchases, and Vault savings. For accountants, this creates conversion challenges that standard bank statement converters can't handle.
Revolut Statement Format
Revolut statements can include all of the following in a single export:
- Standard bank transactions: Card payments, transfers, direct debits
- Currency exchanges: GBP↔EUR, GBP↔USD, and 30+ other currencies — each showing both the original and converted amounts
- Crypto transactions: Bitcoin, Ethereum, and other cryptocurrency purchases/sales
- Vault transfers: Internal savings vault deposits and withdrawals
- Stock trading: Share purchases and sales (Revolut Trading)
Common Revolut Conversion Issues
1. Multi-Currency Complexity
A single Revolut statement can contain transactions in 5+ currencies. Each currency exchange shows the original amount, the exchange rate, and the GBP equivalent. You need to extract the correct GBP amount for UK bookkeeping — and ensure you're not double-counting by including both the original and converted values.
2. Crypto and Stock Transactions
Revolut includes cryptocurrency and stock trading activity in the same statement as regular banking. These are investment transactions, not income/expenditure. They need to be separated from regular bank transactions for bookkeeping purposes.
3. Vault (Savings) Transfers
Similar to Monzo Pots and Starling Spaces, Revolut Vault transfers appear as internal movements. They inflate transaction counts and totals if not filtered.
4. Weekend Exchange Markup
Revolut applies a currency exchange markup on weekends. These appear as small additional transactions that can confuse automated reconciliation.
Accountant's tip: Always ask Revolut-using clients to export statements in GBP where possible. Revolut lets you filter by currency in the app before exporting. This avoids the multi-currency conversion headache entirely for UK-only bookkeeping.
Conversion Methods
Revolut offers CSV exports from the app — go to the account, tap the menu, and select Statement > Export. The CSV includes all transaction types, so you'll still need to filter out Vault transfers, crypto, and non-GBP transactions. BankScan AI handles Revolut's format automatically, separating regular transactions from investments and internal transfers.
Convert Revolut Statements Cleanly
Upload a Revolut PDF or CSV, get a clean Excel with only the transactions you need for bookkeeping.
Try Free Now →Last updated: 8 May 2026. Revolut is a trademark of Revolut Ltd.