The Best Multi-Currency Business Accounts in the UK in 2026

What does a multi-currency business account do?

A multi-currency business account lets you keep business money in several currencies, receive payments and use those balances without converting everything into pounds immediately.

For example, you could receive dollars from a US client and keep some for dollar software bills, converting the rest for your UK expenses.

You decide which balances to keep, while the account's receiving details, payment tools and cards determine how you can use that money.

I suggest starting with your actual receipts and expenses before paying for features your business is unlikely to use.

For occasional payments, international business money transfers may cover the job without changing where you keep your company's money.

The best multi-currency business accounts

These are the accounts I suggest considering for a UK business managing foreign-currency revenue.

Client receipts without a monthly subscription

9.2

Wise

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"Wise Business is used by 300,000+ businesses each year. Easy integrations with Xero, QuickBooks, FreeAgent and more are available."

Connecting foreign sales and company spending

8.8

Airwallex

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"Airwallex offers a comprehensive financial platform for businesses. Make global transfers to 150+ countries, receive funds in 20+ currencies. Connect with popular software for a seamless approach."

Named currency accounts with granular budgeting

8.5

Equals Money

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“Equals Money equips teams with a multi-currency account and spending platform. Manage expenses, issue cards, and move money worldwide in 38 currencies, all coordinated through one connected system.”

Marketplace collections and overseas stock purchases

8.7

WorldFirst

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"WorldFirst helps growing businesses control cross-border costs with forward contracts and tailored FX solutions. Manage 40+ currencies and make international payments with specialist support on-hand."

Team cards and currency budgets

8.6

Revolut

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Currency accounts with invoice and accounting controls

8.7

OFX

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"OFX Business offers multi-currency account to hold balances in up to 7 currencies. Make global payments to over 170 countries."

Keeping and using EUR alongside GBP

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Starling Bank

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Foreign balances within HSBC business banking

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HSBC

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Wise Business has broad currency balances without a monthly plan

Wise lets you hold more than 40 currencies, so your account can cover several revenue sources without adding a subscription for each balance.

In my opinion, it suits a small consultancy, agency or online business receiving foreign client payments and paying some expenses in those currencies.

You can receive euros through euro account details and dollars through US details, then keep the money available for bills or business card spending.

The limitation is that the currencies you can hold outnumber those with local receiving details, and some receipts arrive through SWIFT instead.

SWIFT is the international bank messaging network, and its receiving fees can make frequent small payments more expensive than local bank receipts.

Wise uses the mid-market exchange rate with a separate conversion fee, and ordinary currency balances have no holding charge.

For a business receiving several currencies but needing fairly simple permissions, I think this is a good balance between account coverage and ongoing cost.

If spending policies and bill approvals take up more of your team's time, Airwallex or OFX deserves a closer look.

Airwallex connects foreign sales with company spending

Airwallex makes more sense when foreign revenue needs to move through several parts of your business, from collections to stock purchases and employee expenses.

Its Global Accounts provide currency receiving details, while the wallet holds the money you can convert, transfer or use for approved company spending.

A UK online retailer can keep dollar sales for dollar advertising bills, instead of returning everything to pounds between collection and payment.

I like that connection, but the monthly plan, receiving method and spending users all need to fit your operation before it becomes good value.

Explore costs £19 monthly, waived with qualifying £10,000 monthly deposits or a £10,000 combined wallet balance at the end of the subscription period.

My suggestion is to avoid leaving money you need elsewhere in the wallet purely to save £19, especially if that balance earns nothing for your business.

These standard charges exclude VAT where applicable, and checkout costs belong alongside your account costs if you collect customer card payments.

From 17 October 2026, Explore adds destination-specific local international payment fees, while Grow and Accelerate waive those particular fees.

Keeping enough currency for planned card spending can avoid automatic conversion, giving you more control over the rate and fee you accept.

Equals Money combines own-named currency accounts with team budgets

Equals Money suits a business that wants to keep foreign revenue in its own name and allocate spending across departments or projects.

You can receive and manage more than 35 currencies without immediately converting receipts, keeping money available for expenses in the same currency.

Its multi-currency IBAN uses one set of account details, so this does not mean you receive separate local banking details in every currency.

I like the combination of currency balances and budget controls, but the bespoke annual account fee makes it harder to compare costs before speaking to Equals.

The account's annual membership is quoted individually, and the separate card-platform subscription should not be mistaken for the price of the multi-currency account.

If you add expense cards, transfer money into the linked spending balance and fund the required currency to avoid automatic conversion.

In my opinion, Equals is worth considering when your finance team needs currency balances and spending budgets together, provided the complete account-and-card quote justifies the cost.

WorldFirst suits marketplace revenue and overseas stock purchases

WorldFirst is a strong choice if your business collects overseas marketplace revenue and needs to keep some of it for buying stock abroad.

You can hold more than 20 currencies without an account subscription, then convert or pay suppliers as your stock orders fall due.

For a UK seller collecting US marketplace payouts, keeping dollars for a later dollar supplier invoice can remove two otherwise unnecessary conversions.

I think it is a good fit for that collections-to-stock workflow, rather than paying for a team expense platform you do not need.

The ongoing account cost is low, but supplier-payment charges and conversion fees still affect how much of your sales revenue you keep.

Receiving-account permission depends on the payer and source of money, with additional verification possible for direct third-party receipts.

If client invoices are your main income source, settle that receiving arrangement before changing the account details on your invoices.

For a business primarily choosing employee cards and expense controls, my suggestion is to consider Airwallex or Revolut over selecting WorldFirst for marketplace collections alone.

Revolut Business works well for team cards and currency budgets

Revolut combines more than 25 currency balances with team cards, making it a good option when several people spend from the business account.

You can keep money in the currencies your team needs, while plan-based permissions help control who can spend, prepare payments or approve them.

I’d say Grow deserves a closer look if you need custom approvals, bulk payments or local US dollar receiving details, because those benefits go beyond Basic.

The drawback is that your monthly conversion and payment allowances can run out, adding charges even though you are already paying for the plan.

Match the subscription to the amount you convert each month, alongside your payment count and any separately charged expense users.

Annual billing reduces Grow to £360 yearly and Scale to £1,080 yearly, so compare the commitment with your likely account usage.

Inbound GBP, USD, EUR and CHF are excluded from transfer allowances, but US domestic wire receipts cost £8 and other receiving routes have separate terms.

ACH payments, the US domestic payment network, cost 0.20% with a £0.50 minimum, while sender-pays SWIFT payments cost £20.

The first plastic card per authorised person is free, with delivery or additional-card charges shown when ordering and a 2% ATM withdrawal fee.

If your account has moved to Revolut Bank UK Ltd, eligible deposits have FSCS protection, while accounts awaiting migration retain the electronic-money arrangement.

OFX adds finance-team controls to currency accounts

OFX's Global Business Account lets you receive, hold and pay in more than 30 currencies, with a free Standard plan and a paid Full Suite.

I think Full Suite is worth considering when currency balances need to sit alongside invoice approvals and two-way accounting records, rather than being managed in a separate payment dashboard.

For a growing UK business, that can connect the finance team's bill preparation with the balances available to pay those bills.

Standard is enough if your main requirement is holding currencies and importing transactions into your accounting software, without the wider approval workflow.

The account subscription and currency-conversion cost are separate, so a free Standard account does not make every exchange free.

My suggestion is to convert deliberately when you need another currency, rather than letting automatic conversion become an unnoticed part of regular spending.

Full Suite costs £900 over a year before extra users and transactions, so it should replace enough manual finance work to justify the subscription.

Starling offers a focused euro business bank account

Starling's euro account is worth considering if you mainly receive and spend euros, and already use or want its sterling business banking.

It gives you a separate euro balance and unique IBAN for £2 monthly, with no Starling fee for ordinary euro payments.

You can use the same debit card for your sterling and euro accounts, making euro expenses easier to manage alongside UK spending.

The account is narrower than Wise or Airwallex, but I would not pay for a bigger platform just to collect a few euro invoices.

Conversion between Starling currency accounts costs 0.40% in addition to the exchange rate, with an exchange-rate margin at weekends and bank holidays.

The account is an add-on to eligible Starling banking, and new USD applications remain closed, so I suggest choosing another option for collecting dollars.

HSBC Global Wallet keeps currencies within your business banking

HSBC Global Wallet lets you hold nine foreign currencies alongside your HSBC sterling business account, using Business Internet Banking to manage them.

In my opinion, it is worth considering if you want foreign receipts and payments within the banking relationship your finance team already uses.

The Business Internet Banking version supports local receipts in six of those currencies, so its holding coverage is wider than its local receiving coverage.

There is no wallet debit card or interest on its balances, making it better suited to managing receipts and bank payments than employee spending.

Its payment charges and bank exchange rate need to be considered alongside the cost of your underlying HSBC business account.

Twenty local receipts would cost £100 in receiving charges, so this is less appealing if you collect many small overseas invoices.

The incoming beneficiary name must include HSBC UK and your business name, so use the wallet's exact instructions when giving payment details to a client.

From 14 December 2026, HSBC's revised terms clarify a £5 charge for all incoming Global Wallet transactions, extending beyond the current receive-local tariff wording.

How holding currencies can reduce unnecessary conversion

The biggest benefit is reusing money in its original currency when your business has income and expenses that match.

Suppose your UK business receives $10,000 and needs $6,000 for upcoming dollar bills, with the rest available for sterling expenses.

This avoids converting the matched amount twice, although receiving fees and the cost of paying the dollar bills can still apply.

My suggestion is to retain currency against expected business expenses, with enough pounds available separately for salaries, tax and other UK commitments.

Keeping dollars does not protect their sterling value, and a favourable conversion date is never guaranteed simply because you can wait.

If a future payment requires a fixed sterling budget, currency brokers can offer contractual tools such as forwards, with separate deposits and settlement obligations.

Receiving details and currency balances are different

Holding a currency means you can retain that balance, while receiving details determine how a client or marketplace can pay it into the account.

A GBP sort code and account number supports UK payment routes, while euro details typically use an IBAN, an international bank account identifier.

US dollar details can support local ACH payments, but receiving dollars through SWIFT is a different route with different charges.

Wise's 22 receiving currencies include SWIFT-only currencies, and Revolut's local US details require Grow or a higher Business plan.

Equals Money uses a multi-currency IBAN for 35+ currencies, so confirm the payment network your client can use before replacing invoice details.

My suggestion is to match the details to how your client pays, rather than choosing an account solely because it can hold the currency.

For marketplace income, check that the platform accepts the receiving account and that the account permits receipts from that particular source.

Bank receiving details also do not create a website checkout, because customer card payments need a separate payment-acceptance product and processing tariff.

If checkout is a major part of your business, international payment gateways deserve their own cost and feature assessment.

Compare the cost of a normal business month

A monthly subscription can be good value when it replaces repeated conversion charges or paid finance work, but the cheapest account fee alone tells you very little.

Build the calculation around your normal income, expenses and users, including the receiving method your clients or platforms use.

For Equals Money, include the bespoke annual account membership alongside any separate card subscription, then add the quoted conversion, receiving and payment charges.

For example, Revolut Basic charges £54 for converting £9,000 above its monthly allowance, bringing the cost of a £10,000 market-hours conversion to £64 including its subscription.

Grow's £35 monthly subscription covers that conversion within its £15,000 allowance, before payments, extra features or other activity are counted.

That calculation explains when the higher plan can cost less, without establishing Revolut as the cheapest account for every business.

I suggest checking the cost of sending an unchanged currency balance elsewhere, because avoiding conversion does not automatically make a withdrawal free.

Intermediary and receiving-bank charges can add deductions on international routes, even after you have paid the account provider’s fee.

Bank protection and access to your money

Starling and HSBC provide bank accounts, with FSCS protection up to £120,000 per eligible depositor across accounts sharing the same banking licence.

That limit is shared across your eligible currency and sterling deposits, rather than being repeated for every currency account you open.

A limited company is a separate legal entity, while a sole trader's eligible business and personal deposits at the same bank are combined.

Wise, Airwallex, WorldFirst and OFX use electronic-money arrangements with safeguarding, which keeps relevant customer funds separate under the applicable rules.

Equals Money uses a payment-institution account with safeguarding, and its separately issued cards also sit outside FSCS deposit protection.

Safeguarding does not provide the same FSCS deposit guarantee, and recovering funds after a provider fails can take time or involve administration costs.

Revolut Business protection depends on whether your account has transitioned to Revolut Bank UK Ltd, so check the entity named in your own agreement.

My suggestion is to keep an alternative way to pay important bills and export account records, especially when one currency account handles most of your operating cash.

How to open a multi-currency business account

I suggest comparing the cost of moving your business funds before converting retained revenue for your next overseas payment.

Questions about business currency accounts