Is Wise Business available for business in Germany?

Availability

Wise Business for business in Germany: Available

Key eligibility: A registered German business or sole trader, with director ID and proof of the business
Non resident position: Accepts businesses registered in many countries, subject to the country of incorporation
Local currency support: Holds and converts 40 plus currencies; the euro account has used a Belgian IBAN, not a German one
Headline monthly fee: No monthly fee; one time setup fee about 45 EUR

Availability and fees as of 16 March 2026Last reviewed 16 March 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Yes. Wise Business serves businesses in Germany. You can register online as a freelancer, a sole trader, or an incorporated company such as a GmbH or UG, hold and convert more than 40 currencies, and receive local bank details in several regions. There is no monthly fee, only a one time setup fee and per transaction pricing.

Does Wise Business serve business customers in Germany?

Wise offers its business account to companies and sole traders registered in Germany, and the account opens online without a branch visit. Wise is an electronic money institution rather than a bank, so it provides payment and currency accounts rather than lending or overdrafts. For most German freelancers and small companies this is enough for invoicing, paying suppliers, and holding foreign currency. Larger or more regulated structures should confirm that the account covers their needs before they move banking across.

Eligibility for businesses in Germany

You normally need a registered German business, identity documents for the directors and significant owners, and details of what the business does. Sole traders and freelancers can apply, and incorporated companies such as a GmbH or UG can apply with their registration documents. Wise restricts some activities, including adult content, gambling, weapons, and cryptocurrency trading, so a business in one of those sectors may not qualify. Incorporated companies sometimes face more checks than sole traders. Verify with the provider

What it costs locally

Wise Business has no monthly account fee. Registering a business account in the European Economic Area, which includes Germany, carries a one time setup fee of about 45 EUR. After that you pay per use: currency conversion is charged as a percentage that varies by currency, and some payment types carry a small fee. Holding money in your account is free, and receiving euro payments into your account is free. As of 16 March 2026

What local users report

German users commonly praise the low cost of currency conversion and the speed of online setup. The most frequent point to check is the IBAN: the euro balance has used a Belgian IBAN that begins with BE, and some German payers, payroll systems, or direct debit setups still expect a German IBAN that begins with DE. Wise does not offer lending or a cash deposit network, so businesses that need those keep a separate German bank relationship.

How to open Wise Business for business in Germany

Check that your German business and its activity meet the Wise eligibility criteria
Register online and verify the identity of the directors and significant owners
Pay the one time setup fee and activate your currency balances and bank details

Open with Wise Business →

Questions about Wise Business in Germany

Can a German business open a Wise Business account?

Yes. Wise accepts German registered businesses, including sole traders and freelancers as well as incorporated companies such as a GmbH or UG. You verify your identity and your business online. As of 16 March 2026, confirm eligibility for your structure with the provider.

Does Wise Business charge a monthly fee in Germany?

No. Wise Business has no monthly account fee. There is a one time setup fee of about 45 EUR when you register a business account in the European Economic Area, which includes Germany. You then pay per transaction for conversions and some payments. As of 16 March 2026, check the current setup fee and pricing with the provider.

Does a Wise euro account give a German IBAN?

Not currently. Wise provides a euro account that has used a Belgian IBAN, which begins with BE. SEPA payments work across the euro area regardless of the IBAN country, but some German payers or systems still expect a German IBAN that begins with DE. As of 16 March 2026, verify the current IBAN with the provider before relying on it.

Which business activities does Wise not accept?

Wise restricts certain sectors, including adult content, gambling and betting, weapons, and cryptocurrency trading. A German business in one of these sectors may not be eligible. As of 16 March 2026, confirm the current restricted activity list with the provider.

Availability, fees, and eligibility change. This page was last reviewed on 16 March 2026. Confirm the current position with Wise Business before applying.