Multi currency accounts in Hungary

Snapshot

A multi currency account lets a Hungarian business hold, receive and convert several currencies from one account, often with local account details to get paid like a local. This matters in Hungary because the forint is not the euro, so euro and dollar payments would otherwise convert each time. As of 30 October 2025, Wise Business and Revolut Business are built around this.

Currencies held: Wise Business holds and receives many currencies with forint details, Revolut Business holds several on its plans
Conversion margin: Mid market rate plus a fee on Wise Business, a monthly allowance then a fee on Revolut Business, as of 30 October 2025
Can a non resident open: Possible where the business is registered in Hungary. Verify with the provider.
Most providers: Several business accounts hold multiple currencies

Fees and features as of 30 October 2025Last reviewed 30 October 2025

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

A multi currency account holds and receives several currencies in one place, so overseas revenue does not convert twice and you can pay suppliers abroad. This is especially useful in Hungary, where the forint is the home currency and much cross border trade is in euro or dollars. As of 30 October 2025, Wise Business holds many currencies with local account details after a one time fee, and Revolut Business holds several currencies with a monthly exchange allowance on its plans. Both serve businesses in Hungary. Compare current fees and supported currencies with the provider.

How multi currency accounts work in Hungary

A multi currency account gives a business one place to hold balances in several currencies, receive payments through local account details, and convert when the rate suits rather than on every incoming payment. Because Hungary keeps the forint rather than the euro, a business that earns or spends in euro, dollars or pounds can avoid converting twice and avoid surprise conversion at a default rate. The currencies supported and the conversion margin vary by provider.

Holding and receiving currencies

As of 30 October 2025, Wise Business holds and receives many currencies and provides local account details across several of them after a one time fee to open, including forint details. Revolut Business holds several currencies on its plans and offers local details depending on the plan and country. Both serve businesses in Hungary. Verify the current currency list with the provider.

Conversion costs

Conversion is where multi currency accounts differ most. As of 30 October 2025, Wise Business converts at the mid market rate plus a fee that varies by currency, and Revolut Business gives a monthly exchange allowance then a fee above it. Confirm the current margin and any allowance with the provider.

What to check on a multi currency account

When comparing multi currency accounts in Hungary, check these points, as of 30 October 2025. Verify with the provider

Which currencies you can hold and receive, including whether you get forint and euro local account details.
The conversion margin on the currencies you actually use, and any minimum or fixed fee.
Any setup fee or monthly fee, and the conditions that waive it.

How to compare multi currency accounts

List the currencies you receive and pay in, including the forint and any euro or dollar trade, and your monthly conversion volume.
Compare the conversion margin and any setup or monthly fee on those specific currencies.
Confirm the current supported currencies and rate card with the provider before you apply.

Compare business accounts available in Hungary

These providers offer multi currency business accounts to customers in Hungary. Fees and eligibility shown as of 30 October 2025. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in Hungary

What is a multi currency business account in Hungary?

It is an account that lets a Hungarian business hold, receive and convert several currencies from one place, often with local account details so you can get paid like a local. This is useful in Hungary because the forint is not the euro, so euro and dollar revenue would otherwise convert on every payment. As of 30 October 2025, Wise Business and Revolut Business are built around this. Confirm the supported currencies with the provider. This is general information, not advice.

Which providers offer multi currency accounts in Hungary?

As of 30 October 2025, Wise Business and Revolut Business offer multi currency accounts to businesses in Hungary, and Wise Business provides forint account details alongside other currencies. The exact currency list and any local account details vary by provider, so verify the current support before applying.

How much does currency conversion cost?

Conversion is where these accounts differ most. As of 30 October 2025, Wise Business converts at the mid market rate plus a fee, and Revolut Business gives a monthly exchange allowance then a fee above it. The exact margin depends on the currency and plan, so confirm the current rate card with the provider.

Do I get local account details in other currencies?

Often yes. As of 30 October 2025, Wise Business provides local account details across several currencies after a one time fee, including forint details, and other providers offer local details depending on the plan and country. The exact coverage varies, so verify which details you receive with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 30 October 2025. Confirm current terms with the provider before applying.