Estonia is in the euro area, so business accounts are held in euro. Classic Estonian banks are largely euro only, while fintechs such as Wise Business and Revolut Business let an Estonian company hold and receive several currencies alongside the euro.
- Base currency
- Euro (EUR)
- Multi currency at
- Fintechs such as Wise Business, Revolut Business
- Typical at high street banks
- Euro focused
- Watch
- Conversion margin away from the mid market rate
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How multi currency works for an Estonian company
Estonia uses the euro, so the default business account currency is euro. A company that invoices or pays in other currencies can use a fintech that holds balances in several currencies at once. Wise Business and Revolut Business let an Estonian company receive in currencies such as US dollar and pound sterling and hold those balances rather than converting on every payment. Classic Estonian banks such as LHV and Swedbank are euro focused for everyday business use. Information as of 12 October 2025. Confirm current support with the provider.
What a multi currency account gives you
The practical benefit is local account details in more than one currency, so a customer abroad can pay you as a local payment, and you can hold the balance until you need to convert. This reduces the number of forced conversions and lets you choose when to exchange.
Where the cost sits
Holding several currencies does not remove conversion cost. When you do exchange, the charge is the margin away from the mid market rate plus any fixed fee. Compare that margin for the currency pairs you actually use, since it often matters more than the monthly plan fee.
Who offers multi currency in Estonia
As of 12 October 2025, the main route to multi currency for an Estonian company is an EEA fintech. Verify with the provider
- Wise Business holds and receives multiple currencies and shows conversion at the mid market rate plus a stated fee.
- Revolut Business holds several currencies with plan based allowances and conversion charges above the allowance.
- Traditional Estonian banks centre on the euro, so confirm before assuming wider currency support.
How to compare on currencies
- List the currencies you receive and pay in, and how often you actually convert between them.
- Compare the conversion margin and any fixed fee for those pairs, not just the monthly plan price.
- Confirm the current currency list and pricing with the provider before you apply, as support changes.
Compare business accounts available in Estonia
These providers accept business customers in Estonia. Fees and eligibility shown as of 12 October 2025. Confirm current terms with the provider before applying.
Compare business accounts →Questions about multi currency accounts in Estonia
Can an Estonian company hold several currencies?
Are Estonian bank accounts only in euro?
Which currencies can I hold with Wise Business?
Is there a conversion fee on multi currency accounts?
Features, fees, and eligibility change and vary by region. This page was last reviewed on 12 October 2025. Confirm current terms with the provider before applying.