A multi currency account lets a business in Germany hold, receive and send several currencies from one place. As of 24 February 2026 Wise Business, Revolut Business, Finom and Qonto are common choices, differing in the currencies supported, the exchange rate, and whether you get a German IBAN.
- What it does
- Holds balances in several currencies so you can receive and convert on your terms, not on every transaction
- Common providers
- Wise Business, Revolut Business, Finom and Qonto, as of 24 February 2026. Verify supported currencies with the provider.
- Exchange rate
- Mid market at Wise Business, interbank within limits at Revolut Business. Confirm the all in cost with the provider.
- German IBAN
- Issued by Finom and N26, and offered by Qonto. Wise Business gives euro details with a Belgian IBAN.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How multi currency accounts work in Germany
A multi currency account holds balances in more than one currency, so you can receive a payment in dollars or pounds, keep it in that currency, and convert when the rate suits you rather than on every transaction. For an importer, exporter, software company or any business with overseas customers and suppliers, this can cut conversion costs and make pricing clearer. The features that matter are the currencies supported, the exchange rate used, local account details to receive like a local, and whether you also get a German IBAN for domestic use. As of 24 February 2026.
Exchange rate and account details
Wise Business uses the mid market rate and charges a stated conversion fee, and provides local account details in several markets, though the underlying euro IBAN is Belgian. Revolut Business uses the interbank rate within plan limits and currently issues a Lithuanian IBAN, with a German IBAN being rolled out. Finom and Qonto offer foreign payment features alongside a German IBAN. The currencies, the rate and any limits vary by provider and plan, so confirm the foreign exchange terms with the provider. As of 24 February 2026.
When a German IBAN matters
Some German counterparties, and direct debits to the Finanzamt and to social security, work more smoothly with a German IBAN. If that matters to you, a provider that issues a German IBAN, such as Finom, N26 or Qonto, can be more convenient than one that gives a foreign IBAN with local details. If your position is unclear, verify what is supported with the provider. As of 24 February 2026.
Compare multi currency accounts in Germany
These providers accept business customers in Germany. Fees and eligibility shown as of 24 February 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about multi currency accounts in Germany
Which multi currency account is best in Germany?
Can I hold US dollars and pounds in a German business account?
Do multi currency providers give a German IBAN?
What exchange rate do multi currency accounts use?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 24 February 2026. Confirm current terms with the provider before applying.