Several business accounts in Italy hold more than one currency as of 27 February 2026. Wise Business holds and converts more than 40 currencies with local account details, and Revolut Business holds a range of currencies on its plans, while Qonto centres on the euro and SEPA with an Italian IBAN. Conversion costs and the IBAN country differ by provider.
- Holds several currencies
- Yes, with providers such as Wise Business and Revolut Business, as of 27 February 2026.
- Conversion cost
- Varies by provider and plan. Wise Business converts near the mid market rate with a small fee. Verify with the provider.
- Italian IBAN
- Qonto provides an Italian IBAN. Some cross border providers issue a euro IBAN registered elsewhere. Verify with the provider.
- Providers that fit
- Several business accounts hold more than one currency in Italy.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How multi currency accounts work for businesses in Italy
An Italian business account is usually denominated in euro and reaches the rest of the euro area through SEPA. A multi currency account adds the ability to hold balances in other currencies such as the pound or the dollar, receive payments in them, and convert when it suits the business. This helps exporters, importers, and online sellers cut the cost and delay of converting every payment. The trade off is that providers differ on which currencies they support and on the margin they add to conversion.
Providers that hold several currencies
As of 27 February 2026, Wise Business holds and converts more than 40 currencies near the mid market rate and can add local account details in the euro and several other currencies, with no monthly fee and a one time fee of about EUR 50 to enable the full set of details. Revolut Business holds a range of currencies across its plans, with a free Basic plan and paid plans for more allowances. Verify the current currency list and costs with the provider.
Where a euro account is enough
As of 27 February 2026, providers such as Qonto centre on the euro and SEPA payments with an Italian IBAN, which suits firms that trade mainly inside the euro area. A traditional bank such as Intesa Sanpaolo or UniCredit can also hold foreign currency where a wider banking relationship matters. Confirm the supported currencies and any account fees with the provider.
What to check before you rely on multi currency
When you compare multi currency accounts in Italy, check these points, as of 27 February 2026. Verify with the provider
- Which currencies you can hold, receive and convert, and whether you get local account details for the ones you need.
- The conversion margin and any fee above an included allowance, since a low headline can still carry a currency cost.
- Whether the IBAN is Italian or issued in another country, which can matter for some clients and for accounting.
How to choose a multi currency account
- List the currencies you actually receive and pay, and how often you convert between them.
- Compare the conversion margin and the monthly cost across providers, not just the headline price.
- Confirm the supported currencies, the IBAN country and the current fees with the provider before you apply.
Compare business accounts available in Italy
These providers accept business customers in Italy and include multi currency options. Fees and eligibility shown as of 27 February 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about multi currency accounts in Italy
Which providers offer multi currency business accounts in Italy?
Can an Italian business hold dollars or pounds?
Do multi currency accounts in Italy have an Italian IBAN?
How much does currency conversion cost?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 27 February 2026. Confirm current terms with the provider before applying.