A multi currency account lets an Austrian business hold, receive and convert several currencies from one account, often with local account details to get paid like a local. As of 6 May 2026, Wise Business and Revolut Business are built around this, while some other providers also hold multiple currencies on their plans.
- Currencies held
- Wise Business holds and receives many currencies, Revolut Business holds several on its plans
- Conversion margin
- Mid market rate plus a fee on Wise Business, a monthly allowance then a fee on Revolut Business, as of 6 May 2026
- Can a non resident open
- Possible where the business is registered in Austria. Verify with the provider.
- Most providers
- Multiple business accounts
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How multi currency accounts work in Austria
A multi currency account gives a business one place to hold balances in several currencies, receive payments through local account details, and convert when the rate suits rather than on every incoming payment. This helps businesses that earn or spend outside the euro avoid converting twice and avoid surprise conversion at a default rate. The currencies supported and the conversion margin vary by provider.
Holding and receiving currencies
As of 6 May 2026, Wise Business holds and receives many currencies and provides local account details across several of them after a one time fee to open. Revolut Business holds several currencies on its plans and offers local details depending on the plan and country. Both serve businesses in Austria. Verify the current currency list with the provider.
Conversion costs
Conversion is where multi currency accounts differ most. As of 6 May 2026, Wise Business converts at the mid market rate plus a fee that varies by currency, and Revolut Business gives a monthly exchange allowance then a fee above it. Confirm the current margin and any allowance with the provider.
What to check on a multi currency account
When comparing multi currency accounts in Austria, check these points, as of 6 May 2026. Verify with the provider
- Which currencies you can hold and receive, and whether you get local account details for them.
- The conversion margin on the currencies you actually use, and any minimum or fixed fee.
- Any setup fee or monthly fee, and the conditions that waive it.
How to compare multi currency accounts
- List the currencies you receive and pay in, and your monthly conversion volume.
- Compare the conversion margin and any setup or monthly fee on those specific currencies.
- Confirm the current supported currencies and rate card with the provider before you apply.
Compare business accounts available in Austria
These providers offer multi currency business accounts to customers in Austria. Fees and eligibility shown as of 6 May 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about business banking in Austria
What is a multi currency business account in Austria?
Which providers offer multi currency accounts in Austria?
How much does currency conversion cost?
Do I get local account details in other currencies?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 6 May 2026. Confirm current terms with the provider before applying.