A multi currency account lets a Belgian business hold, receive and convert several currencies from one account, often with local details to get paid like a local. As of 7 May 2026, Wise Business and Revolut Business are built around this, while Qonto and the traditional Belgian banks centre on the euro with some conversion.
- Currencies held
- Wise Business holds more than 40, Revolut Business holds several on its plans
- Conversion margin
- Wise Business converts near the mid market rate with a small fee, Revolut Business charges above a monthly allowance, as of 7 May 2026
- Belgian IBAN
- Revolut Business issues a local euro IBAN in the EEA, some providers issue a euro IBAN from another country. Verify with the provider.
- Most providers
- Several business accounts available in Belgium
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How multi currency accounts work in Belgium
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 abroad avoid converting twice and avoid a surprise conversion at a bank default rate. Belgium sits inside the euro area and the SEPA zone, so euro payments across Europe are cheap and fast, but a business that trades in pounds, dollars or other currencies still gains from holding those balances directly. The currencies supported and the conversion margin vary by provider.
Holding and receiving currencies
As of 7 May 2026, Wise Business holds and receives more than 40 currencies and provides local account details in several of them for a one time fee. Revolut Business holds several currencies on its plans and, for customers in the European Economic Area, provides a local euro IBAN for euro payments. Qonto serves Belgian companies but, as of 7 May 2026, issues a French euro IBAN rather than a Belgian one, which works across SEPA but can cause friction with some Belgian administrations. Traditional Belgian banks such as KBC, BNP Paribas Fortis, Belfius and ING Belgium centre on the euro and offer conversion for major currencies. Verify the current currency list and IBAN country with the provider.
Conversion costs
Conversion is where multi currency accounts differ most. As of 7 May 2026, Wise Business converts near the mid market rate with a small percentage fee, and Revolut Business gives a monthly exchange allowance on paid plans then charges a fee above it. Traditional banks usually apply a wider margin to the exchange rate. Confirm the current margin and allowance with the provider.
What to check on a multi currency account
When comparing multi currency accounts in Belgium, check these points, as of 7 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.
- Whether the euro IBAN is Belgian or from another country, since some Belgian payers and administrations prefer a Belgian IBAN.
- Any opening 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 opening or monthly fee on those specific currencies.
- Confirm the current supported currencies, the IBAN country and the rate card with the provider before you apply.
Compare business accounts available in Belgium
These providers offer multi currency business accounts to customers in Belgium. Fees and eligibility shown as of 7 May 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about business banking in Belgium
What is a multi currency business account?
How many currencies can I hold from Belgium?
What does currency conversion cost?
Will I get a Belgian IBAN with a multi currency account?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 7 May 2026. Confirm current terms with the provider before applying.