Finance & Banking Software
Wise Business
Multi-currency business account with mid-market exchange rates and no monthly subscription — built for cross-border businesses.
Solo / FreelancerSmall businessMedium businessGlobal
Last reviewed Jul 17, 2026 · Pricing verified Jul 17, 2026
Ad slot ·
DEV-TOP · horizontalOur take
Best for businesses that regularly pay or get paid in multiple currencies and want transparent, near-mid-market FX rates instead of a traditional bank's hidden spread — not a substitute for a full domestic checking account with cash deposit and check-writing support.
Choose this if...
- Freelancers and agencies billing international clients in their clients' local currency
- Ecommerce and remote-first businesses paying overseas vendors/contractors regularly
Look elsewhere if...
- You mainly need domestic checking with cash deposits and physical branch access
- Your transfer volume is low enough that a one-time setup fee plus per-transfer percentage costs more than a flat-fee alternative
Visit Wise Business
This is a direct link to Wise Business— we don't currently earn anything from it.
Pricing
Verified Jul 17, 2026 against Wise Business's own pricing page.
| Plan | Monthly | Annual | Key limits |
|---|---|---|---|
| Wise Business | — | — | One-time account setup fee of $31 (no recurring monthly/subscription fee); currency conversion and transfers from ~0.57% depending on currency pair, using the mid-market rate with no markup; volume discounts available above 20,000 GBP/mo equivalent |
Free tier reality
There's no permanent free plan. There's no monthly subscription and no free-forever tier in the traditional sense — Wise Business charges a single one-time setup/account fee (about $31 USD) instead of a recurring fee, then charges a small percentage (from 0.57%) on each currency conversion or transfer. Card spending in a currency you already hold is free; ATM withdrawals are free up to $250/month, then $1.95 + 1.95% per withdrawal.
Ad slot ·
DEV-MID · rectanglePros
- Transparent mid-market FX rates with a clearly disclosed percentage fee, not a hidden spread
- No recurring monthly subscription fee — pay per transaction instead
- Genuinely global reach with local receiving details in many currencies
Cons
- Not a full banking replacement — limited domestic banking features like cash deposits or checks
- Per-transfer percentage fees can add up for very high transaction volumes without negotiating volume discounts
- Card ATM withdrawals beyond the free $250/mo allowance carry a real fee (1.95% + $1.95)
Key features
- Hold and convert 40+ currencies at the mid-market rate
- Local receiving account details in multiple countries/currencies
- Multi-currency debit card
- Batch international payments
- Accounting software integrations
Integrations
- VERIFY
Platforms
- web
- ios
- android
Regional fit
Available in most countries globally, though feature availability (e.g. local receiving account details, card issuance) varies by country of incorporation — confirm coverage for your specific country before signing up.
- Global
Best for
Try free first
Not ready for Wise Business? Start with our free tools — come back when you outgrow them.
Alternatives
Stripe
Pick this instead if: Developers and technical teams wanting maximum flexibility and API control
Mercury
Pick this instead if: US startups and small businesses wanting free checking with modern software
Brex
Pick this instead if: Startups wanting unlimited corporate cards with no per-user fee at the entry level
Ramp
Pick this instead if: Smaller teams wanting unlimited cards and expense automation without a per-user fee
Ad slot ·
DEV-BOTTOM · horizontalWas this review of Wise Business helpful?
Wise Business FAQ
Questions about this tool
Is Wise Business free?
No — Wise Business doesn't have a permanent free plan. There's no monthly subscription and no free-forever tier in the traditional sense — Wise Business charges a single one-time setup/account fee (about $31 USD) instead of a recurring fee, then charges a small percentage (from 0.57%) on each currency conversion or transfer. Card spending in a currency you already hold is free; ATM withdrawals are free up to $250/month, then $1.95 + 1.95% per withdrawal.
How much does Wise Business cost?
From 31 USD/mo. We verify pricing directly against Wise Business's own pricing page — see the pricing table above for the full breakdown of plans, and check the verified date before making a decision, since software pricing changes often.
Who is Wise Business best for?
Freelancers and agencies billing international clients in their clients' local currency Ecommerce and remote-first businesses paying overseas vendors/contractors regularly
Who should avoid Wise Business?
You mainly need domestic checking with cash deposits and physical branch access Your transfer volume is low enough that a one-time setup fee plus per-transfer percentage costs more than a flat-fee alternative
Does Wise Business work well outside the US?
Available in most countries globally, though feature availability (e.g. local receiving account details, card issuance) varies by country of incorporation — confirm coverage for your specific country before signing up.
What are the best alternatives to Wise Business?
Worth comparing: Stripe, Mercury, Brex, Ramp. See the Alternatives section above for why you might pick one of these instead.