Snapshot
Wise Business and Lili compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
Wise Business figures as of 14 January 2026Lili figures as of 14 January 2026Last reviewed 14 January 2026
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.
Wise Business and Lili solve different problems. Wise Business is a multi currency account for companies that send, receive and hold money in many currencies, with local account details in major markets and conversion at the mid market rate plus a fee. Lili is a United States business checking account with a free plan and built in accounting, tax and invoicing tools, focused on the domestic dollar. Use the comparison below to weigh account type, fees and eligibility against how your business operates, then confirm the latest terms with each provider. Figures are shown as of 14 January 2026 for both providers.
Wise Business vs Lili at a glance
| Feature | Wise Business | Lili |
|---|---|---|
| Account type | Multi currency business account from Wise, a financial technology company and not a bank. Funds are safeguarded rather than covered by deposit insurance. Confirm how your money is held with the provider. | Business checking account. Lili is a financial technology company and not a bank, and deposit services are provided through a partner bank that is a member of the FDIC, with pass through coverage reported up to several million United States dollars through a network. |
| Who it suits | Businesses that send, receive and hold money in many currencies and want local account details in major markets. | United States small businesses, freelancers and sole proprietors that want checking with built in accounting, tax and invoicing tools. |
| Monthly fee | No monthly fee. A one time fee applies to open local account details in some markets, for example about 31 US dollars in the United States and 50 GBP in the United Kingdom. As of 14 January 2026. | Lili Core is free. Paid plans are Lili Pro at 15 US dollars, Lili Smart at 35 US dollars and Lili Premium at 55 US dollars per month. As of 14 January 2026. |
| Transaction fees | Currency conversion starts from 0.33 percent. Receiving payments by SWIFT carries a fee, for example about 6 US dollars per United States dollar payment, and card spend and ATM use above a free monthly allowance carry fees. As of 14 January 2026. | No monthly fee on the Core plan, no minimum deposit and no overdraft fee. Standard ACH transfers, incoming domestic wires and withdrawals at network ATMs are at no charge. As of 14 January 2026. |
| FX fees | The mid market exchange rate plus a conversion fee that starts from 0.33 percent and varies by currency and amount. As of 14 January 2026. | A domestic United States dollar account. There is no foreign transaction fee on debit card purchases. Confirm any international payment options with the provider. As of 14 January 2026. |
| Interest | Wise offers a balance feature that can earn a return on some currencies and markets. Confirm current availability and rates with the provider. As of 14 January 2026. | Paid plans offer a savings account, with an annual percentage yield that has reached up to 4.00 percent on qualifying balances. Confirm current rates and tiers with the provider. As of 14 January 2026. |
| Multi currency | Yes. Hold and convert balances in more than 40 currencies and open local account details in over 20 currencies, including United States dollars, pounds and euros. As of 14 January 2026. | Not a multi currency account. This is a United States dollar checking account. As of 14 January 2026. |
| Integrations | Connects with accounting tools such as QuickBooks, Xero and FreeAgent, with batch payments and an API. Confirm current integrations with the provider. | Includes built in invoicing on all plans and accounting and tax preparation tools on the Smart and Premium plans. Confirm current integrations with the provider. |
| Eligibility | Open to limited companies, sole traders and partnerships in most supported countries, with the full feature set in markets such as the United States, the United Kingdom, the European Economic Area, Australia, New Zealand, Japan and Singapore. As of 14 January 2026. | Open to United States business owners, supporting sole proprietorships, LLCs, S corporations, partnerships and C corporations. As of 14 January 2026. |
| Broadly available in | Many countries worldwide, with full features in major markets including the United States. | United States only. |
Use the table to weigh the differences. Wise Business leans toward international and multi currency payments, while Lili focuses on United States domestic checking with accounting and tax tools. Match those to how your business moves money, then confirm the latest fees and eligibility with each provider.
Open a business account
Both providers accept business customers in the United States. Fees and eligibility shown as of 14 January 2026 for Wise Business and Lili. Confirm current terms with the provider before applying.
Visit Wise Business → Visit Lili →Questions about Wise Business and Lili
Which is better for my business, Wise Business or Lili?
It depends on your needs. The table on this page compares Wise Business and Lili on account type, fees, currency support, eligibility and availability using each provider's published terms. Wise Business suits companies that work across currencies, while Lili suits United States businesses that want domestic checking with accounting and tax tools. Weigh those against how your business operates, then confirm current terms with each provider. This is information, not advice.
Can I open both Wise Business and Lili?
Often yes, subject to each provider's eligibility rules. Some United States businesses keep a Lili checking account for domestic banking and tax tools alongside Wise Business for international and multi currency payments. Check eligibility with each provider before applying.
Are the fees on this page current?
Each figure is shown with the date it was recorded. Wise Business and Lili figures are shown as of 14 January 2026. Fees and eligibility change, so confirm current terms with each provider before you apply.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 14 January 2026. Confirm current terms with each provider before applying.