Revolut Business and Wise Business compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
General information, not financial, legal, or tax advice. There is no single best account. The right fit depends on your business. Verify current terms and eligibility with each provider before applying.
Revolut Business vs Wise Business at a glance
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Account type | Multi currency business account, banking or e money status varies by country | Electronic money account, not a traditional bank deposit account. Wise is an electronic money institution. |
| Who it suits | Companies with multi currency and cross border payment needs | Businesses that pay or get paid across borders and want low cost currency conversion and local account details in several currencies. |
| Monthly fee | Plan prices vary by market. Revolut publishes a separate price list for each country, so confirm the current monthly fee for your country with Revolut | No monthly fee. A one time setup fee applies and varies by country, for example 50 pounds in the United Kingdom, 31 US dollars in the United States, 60 euros in euro area countries such as Ireland, France and Spain, 99 Singapore dollars in Singapore, and 65 Australian dollars in Australia. As of 11 October 2026. |
| Transaction fees | A set number of free local transfers on Basic, then per transfer charges, higher allowances on paid plans | Transfers and conversions are charged a usage based fee that varies by currency and route. Receiving in some currencies is free while others carry a small fee. As of 18 June 2026. Verify current pricing with Wise. |
| FX fees | Currency exchange free up to a plan allowance, then a percentage markup, varies by plan and currency | Conversion uses the mid market rate plus a published fee that varies by currency pair, from 0.24% on the United Kingdom price list. As of 11 October 2026. Verify the current rate for your pair with Wise. |
| Minimum deposit | No minimum deposit to open, verify with the provider | No minimum opening deposit is published. A one time setup fee applies. Verify with Wise. |
| Multi currency | Hold and exchange many currencies, supports cross border payments | Yes. Hold and convert many currencies and receive with local account details in several markets. As of 18 June 2026. |
| Integrations | Accounting tool links, expense management, cards and team controls | Accounting integrations including Xero and QuickBooks, plus batch payments and an API. Verify current integrations with Wise. |
| Eligibility | Depends on country of registration. Check the list of supported countries with Revolut | Registered businesses in supported markets. Feature availability and supported entity types vary by country. Verify eligibility with Wise. |
| Broadly available in | United Kingdom, European Economic Area, United States, Singapore, Australia and more | Many markets including the United Kingdom, the United States, the European Economic Area, Australia, New Zealand, Japan, and Singapore. Feature availability varies by country. As of 18 June 2026. |
Revolut Business suits a company in a market such as the United Kingdom or the European Economic Area that wants cards and team spending controls on a monthly plan. Wise Business suits a company that wants no monthly fee and local account details in several currencies for a one time setup fee, such as 50 pounds in the United Kingdom. Its conversion fees are published per currency pair, from 0.24%.
Open a business account
Both providers accept business customers in their supported markets. Fees and eligibility shown as of 18 June 2026 for Revolut Business and 18 June 2026 for Wise Business. Confirm current terms with the provider before applying.
Visit Revolut Business → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers. Visit Wise Business → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers.Questions about Revolut Business and Wise Business
Which is better for my business, Revolut Business or Wise Business?
Can I open both Revolut Business and Wise Business?
Are the fees on this page current?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with each provider before applying.