Consultants in Ireland usually want a simple low cost account, clean invoicing, and easy bookkeeping, with multi currency where clients are overseas. Revolut Business and Wise Business suit low cost and cross border needs, while AIB or Bank of Ireland suit those who want branches or lending. As of 20 February 2026.
Suits Consultants best
Depends on needs. Revolut Business or Wise Business for low cost, a traditional bank for branches and lending. As of 20 February 2026.
Typical monthly fee
From no monthly fee at Wise Business up to a plan fee at Revolut Business or transaction fees at a traditional bank. As of 20 February 2026.
Non resident position
Irish registered consultants can apply. Overseas owners face more checks at traditional banks. As of 20 February 2026.
Providers that fit
Several. At least three providers fit this profile in Ireland.
Fees and features as of 20 February 2026Last reviewed 20 February 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Consultants, whether sole traders or limited companies, tend to run lean with a handful of clients and a need for clean records. The features that matter most are simple invoicing, low running cost, accounting links for income and VAT, and multi currency where clients pay from abroad. Revolut Business and Wise Business cover low cost and cross border needs, while AIB and Bank of Ireland suit a consultant who wants branches, lending or a relationship manager. Fees and features below are shown as of 20 February 2026, so confirm current terms with the provider.
What Consultants in Ireland need from a business account
Consultants invoice a small number of clients, pay limited expenses, and value keeping business and personal money apart for tax. The useful features are clear invoicing, low or no monthly cost, links or exports to accounting tools so income and VAT are easy to track, and the ability to receive foreign currency where clients are overseas. Cash handling is rarely a priority. Digital providers fit most consultants, while a traditional bank helps where lending or a relationship manager matters.
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Revolut Business
Euro account with Irish IBANs, cards, invoicing and accounting links, suited to a consultant who wants a low cost account that scales. Provided by Revolut Bank UAB and regulated by the Central Bank of Ireland for consumer protection rules.
Best for
Low cost with room to grow
Monthly fee
Basic plan from about 10 euro a month, higher plans above
Multi currency account at the mid market rate, useful for a consultant billing clients abroad. A payment provider, not a bank, so funds are safeguarded rather than covered by a deposit scheme.
Best for
International client billing
Monthly fee
No monthly fee, a one time setup fee about 50 euro
Full service Irish bank with branches and lending, suited to a consultant who wants a banking relationship or plans to borrow. Business accounts carry transaction and maintenance fees.
Best for
Branches and lending
Monthly fee
Transaction and maintenance fees, see the bank's fee schedule
These providers accept consultants in Ireland. Fees and eligibility shown as of 20 February 2026. Confirm current terms with the provider before applying.
Questions about banking for Consultants in Ireland
Which account suits a consultant in Ireland?
It depends on how you work. A consultant who wants low cost and simple invoicing may prefer Revolut Business or Wise Business, while one who wants branches, lending or a relationship manager may prefer AIB or Bank of Ireland. Compare features and verify current terms with the provider. This is general information, not advice. As of 20 February 2026.
Do sole trader consultants need a business account in Ireland?
There is no general legal requirement for a sole trader to hold a separate business account, but keeping business and personal money apart makes bookkeeping and tax simpler. A limited company should keep its own account. Confirm what suits your structure with an accountant and the provider. As of 20 February 2026.
Can a consultant bill overseas clients from these accounts?
In general yes. Wise Business lets you hold and receive several currencies, which helps consultants with overseas clients, and Revolut Business supports multi currency accounts. Traditional banks also send international payments, often at a wider foreign exchange spread. Confirm the details with the provider. As of 20 February 2026.
Do these accounts connect to accounting software?
Commonly yes. Revolut Business and Wise Business support links or exports to popular accounting tools, and the main Irish banks support feeds to common packages, which helps a consultant track income and VAT. Confirm the specific integration you need with the provider. As of 20 February 2026.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 20 February 2026. Confirm current terms with the provider before applying.