Source: https://rivet.global/blog/best-multi-currency-business-account-usa
Published: 2026-06-20 · Updated: 2026-11-04 · By Alexia M.

# Best multi-currency business account for US companies

Multi-currency business accounts for US companies compared: Wise Business, Revolut Business, Airwallex and Rivet, on currencies, FX and plan fees.

## Key takeaways

- Wise Business charges $31 once and from 0.23% per conversion, with local details in 22 currencies.
- Revolut Business includes a monthly FX allowance at the interbank rate, then 0.6%; Airwallex charges 0.5% on major pairs and 1% on others.
- Rivet's plans are flat, with FX from 0.80% on the free Starter plan, 0.50% on Growth and 0.30% on Scale.
- Check which currencies come with local account details in your company's name; holding a currency without details still leaves clients sending wires.

Google suggests "best multi currency account" with "uk", "singapore" and "australia" before the US, partly because US companies discover the need later. It usually arrives with the first European customer or the first contractor in Latin America. Prices below were read on each US pricing page between 1 and 4 November 2026.

## Four pricing models

| | Plan fee | FX | Local details |
|---|---|---|---|
| Wise Business | $31 once | From 0.23%, by currency | 22 currencies |
| Revolut Business | $10 to $140 a month | Interbank up to $1,000 to $80,000, then 0.6% | Several, by plan |
| Airwallex | $0 Explore; Grow $12 per user plus platform fee | 0.5% majors, 1% others | Many currencies |
| Rivet | $0 Starter; $200 Growth; $500 Scale | From 0.80%, 0.50%, 0.30% | USD on Starter; EUR and GBP on Growth; 25 more on Scale |

## What to compare besides FX

- Local details in your company's name. A euro IBAN lets EU clients pay by SEPA. Holding euros without details means they still send a wire.
- Payout reach and fee. Paying 20 contractors a month at $5 each is $100.
- Team controls. Cards per person, limits and approvals matter once more than two people spend.
- Per-user pricing. It looks small and grows with every cardholder.

## A monthly example

A US agency receives $30,000 in euros and pays $25,000 to contractors in Europe and Latin America.

- If it holds euros, it pays most European contractors from the euro balance with no conversion.
- It converts only the Latin American share and the surplus.

On a 0.5% margin, converting $10,000 instead of $55,000 saves about $225 a month.

## Paying into the United States: the local rail

| What | Detail |
|---|---|
| Local rail | ACH for batch payments; RTP and FedNow for instant transfers |
| Run by | Nacha for ACH; The Clearing House for RTP; the Federal Reserve for FedNow |
| Settlement | Same-day ACH within the business day, standard ACH the next; RTP and FedNow in seconds, 24/7, where both banks take part |

Source: [Nacha: Same Day ACH](https://www.nacha.org/rules/same-day-ach-moving-payments-faster). Checked when this guide was last updated; the scheme's own page has the current figures.

## Where Rivet fits

Rivet is a multi-currency business account for registered companies, including US LLCs owned from abroad. Starter is free with USD details. Growth adds EUR and GBP details, local payouts to 120+ countries and approvals for 10 members. Scale adds CAD, HKD and 25 more currencies. Rivet is not a bank; regulated partner institutions hold the funds. See the [multi-currency business account guide](/blog/multi-currency-business-account-guide).

## Questions

### What is a multi-currency business account?

An account that holds balances in several currencies and gives the company local details to receive them, such as a euro IBAN or a UK sort code, so customers pay domestically.

### Which multi-currency account is cheapest?

It depends on volume. Wise is cheapest per conversion on major pairs at low volume. Revolut can be cheapest if your conversion fits its allowance. Airwallex and Rivet suit teams that also need cards and payouts at scale.

### Do US banks offer multi-currency accounts?

Some large banks offer foreign currency accounts, often with minimum balances and relationship requirements. Fintech accounts are usually easier to open for small companies.

### Is my money safe in a multi-currency account?

Check who holds the funds. Fintech providers use regulated partner institutions; ask whether funds are safeguarded or insured and how.