Multi currency business accounts in Bulgaria: how they work

Snapshot

A multi currency account lets a Bulgarian business hold, receive and convert several currencies alongside its euro balance. Digital providers lead here, with Wise Business and Revolut Business holding multiple currencies and Payoneer offering receiving accounts. The euro is the base currency, since Bulgaria joined the euro area on 1 January 2026.

Best known for multi currency: Wise Business and Revolut Business for holding and converting, Payoneer for receiving
Base currency: Euro, with other currencies held alongside it
Main cost to check: The exchange rate used and any conversion fee, plus receive and send charges
Typical monthly fee: EUR 0 on entry digital plans, paid plans for more features

Fees and features as of 25 September 2025Last reviewed 25 September 2025

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

A multi currency business account in Bulgaria holds more than one currency in a single account, so you can receive from foreign customers, pay foreign suppliers, and convert when the rate suits you rather than at every transaction. Digital providers such as Wise Business and Revolut Business lead here, with Payoneer for receiving. The euro is the base currency, since Bulgaria joined the euro area on 1 January 2026 at the fixed rate of 1.95583 lev per euro. Figures below are shown as of 25 September 2025.

How multi currency accounts work in Bulgaria

A multi currency account keeps separate balances in each currency you hold, often with local style account details so customers and marketplaces can pay you as if you held a local account. You can keep a balance in a currency, convert part of it when you choose, and send in that currency to suppliers. This avoids a forced conversion on every payment and can lower cost when you both receive and spend in the same foreign currency. The main variable between providers is the exchange rate and conversion fee they apply.

Which providers offer it

Among digital providers, Wise Business and Revolut Business let a Bulgarian company hold and convert several currencies, and Payoneer offers receiving accounts in currencies such as USD, EUR and GBP that suit marketplace and platform income. Some traditional banks such as UniCredit Bulbank, DSK Bank and Postbank offer foreign currency accounts alongside the euro account, though the range of currencies and the conversion cost differ from the digital providers. Confirm the currencies and pricing with the provider.

What conversion really costs

Two things drive the cost: the exchange rate used and any explicit conversion fee. Multi currency providers such as Wise Business convert close to the mid market rate and state a separate fee, while some accounts build a margin into the rate that is harder to see. Also check the cost of receiving and sending in each currency and whether a monthly plan unlocks better terms. Read the price list and compare the all in cost for the currencies you actually use.

What to check before you choose

Compare these points across providers, since the cheapest depends on your currency mix. Verify with the provider, as of 25 September 2025

The exact currencies you can hold and receive, and whether you get local style account details in each.
The exchange rate basis and conversion fee, plus charges for receiving and sending in each currency.
Any monthly plan cost and the allowances it includes, and whether the provider accepts your legal form and activity.

How to compare multi currency accounts

List the currencies you receive and pay in, and the rough monthly volume in each.
For each provider, total the conversion cost and the receive and send charges for that volume, including any monthly plan fee.
Check whether holding a balance, rather than converting each time, lowers your cost, then confirm the current schedule with the provider before opening.

Compare business accounts available in Bulgaria

These providers serve business customers in Bulgaria and offer multi currency features. Fees and eligibility shown as of 25 September 2025. Confirm current terms with the provider before applying.

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Questions about multi currency accounts in Bulgaria

Which providers offer multi currency business accounts in Bulgaria?

Digital providers lead here. Wise Business and Revolut Business let a Bulgarian company hold and convert several currencies, and Payoneer offers receiving accounts in currencies such as USD, EUR and GBP. Some traditional banks also offer foreign currency accounts alongside the euro account. Currencies covered and conversion costs vary by provider and plan, so verify current terms with the provider. This is general information, not advice.

Does a Bulgarian business still need euro if it holds other currencies?

Usually yes. Bulgaria joined the euro area on 1 January 2026, so local payments, taxes and most domestic flows are in euro. A multi currency account adds other currencies for foreign customers and suppliers on top of the euro balance, rather than replacing it. Confirm the setup with the provider.

What conversion costs should I check on a multi currency account?

Check the exchange rate used and any conversion fee. Multi currency providers such as Wise Business convert close to the mid market rate with a stated fee, while some accounts add a margin to the rate. Also check fees for receiving and sending in each currency and any monthly plan cost. Verify current figures with the provider.

Can I receive payments in several currencies in Bulgaria?

Yes. A multi currency account or receiving account gives you local style account details in several currencies, so customers and marketplaces can pay you without forcing a conversion at their end. You then hold or convert the balance as needed. The exact currencies and details vary by provider, so confirm with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 25 September 2025. Confirm current terms with the provider before applying.