Starling Euro Business Account: Fees, Features and Alternative

If your business often gets paid in Euros, a Euro account in the UK can make life a lot easier. Instead of converting every payment into pounds straight away, you can hold the money in Euros and convert it when it suits you. This can save you money on fees and give you more control over cash flow.

The Starling Euro Account is one option to manage Euro payments. But is it really the right choice for your business?

In this article, we’ll look at the account’s features and fees. We’ll also highlight a popular alternative: the Wise multi-currency account. Many UK businesses use this to save on international payments.

Learn more about Wise Business 🌎

Starling Business Euro Account

The Starling Business Euro Account makes it easy for UK businesses to send, receive, and hold euros. You can also move money between your GBP and EUR accounts anytime, even on weekends, and enjoy real-time exchange rates while doing it.

You’ll get:

• A unique IBAN - you will receive your own International Bank Account Number (IBAN) for direct SEPA payments within the Eurozone.
• FSCS Protection: As Starling is a fully licensed UK bank, your eligible deposits are protected up to £120,000 by the Financial Services Compensation Scheme (FSCS)¹.

Key features¹:

• Starling banking mobile app - so you can manage both currencies in one integration
• Single-card spending - Use your existing debit card to spend in Euros by toggling "Currency Controls" in the app.
• 24/7 transfers - move money between your GBP and EUR accounts anytime with a flat 0.4% conversion fee.
• Works with mobile wallets such as Apple and Google Pay²
• Choice of payment types, including Standing Orders, Direct Debits, card payments and bank transfers (SEPA)

Starling Euro Account fees

However, something to be aware of when sending payments in euros with Starling, your payee's bank might charge a fee for receiving payments from outside the European Economic Area (EEA)⁵. This is because the UK has left the EU and Starling is also out of the EEA, so you may run into additional hidden fees - albeit out of Starling's control.

Starling Euro exchange rate

When you move money between your GBP and Euro accounts, Starling uses the mid-market exchange rate.

Instead of hiding costs within a marked-up exchange rate, Starling charges a transparent, flat 0.4% conversion fee to cover the transaction⁴. This fee is clearly displayed in the app before you confirm the transfer, so you know exactly what you are paying.

You can convert currency anytime, something to bear in mind is that foreign currency markets are closed between 10pm Friday until 2am monday. This has a direct impact when using the Starling Euro account at weekends, with live exchange rates being unavailable. You'll get an exchange rate set by Starling, and an additional fixed margin of 0.5%.

This helps manage market swings while trading is paused. You’ll always see the rate in the app, so you can choose to convert right away or wait until live markets reopen early Monday (after 02:00) for potentially better rates.³

You can read more about Starling's Euro account exchange rate policies here.

Starling Euro account countries⁵

As part of the Starling Euro account, you can only send euros to banks that accept SEPA payments. That means you can send to a wide range of popular countries across Europe including France, Italy, Ireland and more.

Something to keep in mind is that there is a short list of countries that are deemed high-risk by the EU - you won't be able to make payments there from your euro account. This is because Starling relies on a network of intermediary banks in Europe to process international payments, who follow national guidelines. You can see the full list of high-risk countries here.

Consider using an alternative to Starling's Euro account, Wise Business

When you open a multi-currency account with Wise Business, you can take advantage of conversion always at the mid-market rate, remove the cost to receive payments in Europe with local account details and only get charged a small fee when you convert or make transfers between currencies.

Wise Business helps grows with your company, giving you flexible plans and handy tools to make international payments, expenses, and cash management easier. It doesn’t matter if you’re just getting started or running a big team. Wise helps keep your business finances simple and stress-free.

You'll benefit from:

• Ability to hold 40+ currencies and send money to 140+ countries at the real mid-market exchange rate
• Access local account details (IBAN, Sort Code, etc.) to receive payments in 9+ currencies via non-SWIFT networks and 22+ via SWIFT (only with Wise Business Advanced)
• Payment tools: Create invoices, share payment links, generate QuickPay QR codes, and set up Direct Debits from your balances.
• Business debit card: Automatically spend in the local currency you hold, avoiding conversion fees.
• Team expense cards: Issue cards to employees for £3 each, earning 0.5% cashback on eligible spending.
• Accounting integrations: Connect with Xero, QuickBooks, and Sage to streamline bookkeeping.
• Batch payments: Pay up to 1,000 recipients at once, saving time on admin globally.
• Take advantage of Wise Interest to make your funds work harder when you’re not using them (Capital at risk, growth not guaranteed).

With a truly global account, you’ll be all set to grow your business worldwide.

Register with Wise Business🚀

Investments can fluctuate, and your capital is at risk. Interest is offered by Wise Assets UK Ltd, a subsidiary of Wise Payments Ltd. Wise Assets UK Ltd is authorised and regulated by the Financial Conduct Authority with registration number 839689. When facilitating access to Wise investment products, Wise Payments Ltd acts as an Introducer Appointed Representative of Wise Assets UK Ltd. Please be aware that we do not offer investment advice, and you may be liable for taxes on any earnings. If you're uncertain, we urge you to seek professional advice. To find out more about the Funds, visit our website.

Summary

Starling works well if you want a simple, traditional banking experience. You get a single card to spend Euros, free personal use, and easy toggling between balances. But watch out for the 0.4% fee on transfers and fixed weekend rates.

Though it's worth considering wider options if you are looking something built for global business, outside of Europe.

*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QuickPay QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.

Sources and information:

Sources last checked January 27, 2026