Wise Business vs Revolut Business: Which one is right for your Irish business?

Wise Business offers an account with no monthly fee, which supports 40+ currencies for holding and offers the mid-market exchange rate and low, transparent fees.

Revolut Business¹ has different account plans, from 10 EUR/month, which support 25+ currencies for holding, and some no fee exchange included. But which is best for your business?

This Wise Business vs Revolut Business review covers all you need to know to decide which service is better for your Irish business, based on features, fees, service availability and more.

Before heading to the details, you can read more about how Revolut (bank) and Wise (payment institution) work in Ireland.

Wise Business vs Revolut Business: Quick comparison overview

Here’s a side-by-side comparison of Wise vs Revolut to kick off our business account comparison for Ireland, helping you to pick the right service whether you’re a freelancer, startup founder, or an established business owner.

There’s plenty more on each provider coming right up, including a full review of Wise vs Revolut Business fees in Ireland.

Feature	Wise Business	Revolut Business
Eligibility	Freelancers and registered business owners in eligible countries	Registered business owners in eligible countries²
Account opening fee	50 EUR	No fee
Monthly fee	No fee	From 10 EUR to 90 EUR depending on plan³
Currencies supported to hold	40+	25+
Currencies supported to receive	Local account details for 8+ currencies, SWIFT details for 20+ currencies	Local account details for EUR and GBP, SWIFT details for other available currencies⁴
Transfer availability	Local, international and Wise to Wise	Local, international and Revolut to Revolut
Card availability	Physical and virtual	Metal, physical and virtual⁵
Interest paid	Wise interest - 1.7% on EUR and 3.87% on USD at time of research*	Not paid on Basic account, up to 1% on Grow or 1.3% on Scale
Batch payments	Available	Not available on Basic account Available for Grow and Scale
Accounting integrations	Available	Available
Multi-user access	Available	Available
API availability	Available	Available

*Details correct at time of research - 10th November 2025. Investment services are provided by Wise Assets Europe if you decide to invest your funds and turn on Interest.

Wise Business Account in Ireland

You can open a Wise Business account in Ireland as a freelancer, sole trader, or as the owner of an Irish registered business. The process is online, and you can sign up via website or via the Wise app.

🔎 Complete guide of the Wise Business account requirements

Key features for Irish businesses

When you open a Wise Business account in Ireland you get access to the following features:

• No monthly fees, and no minimum balance requirements
• Multi-currency support for holding and exchanging 40+ currencies
• Mid-market exchange rates without markups or hidden fees
• Wise Business cards for yourself and your team
• Local account details in 8+ currencies including EUR, GBP, and USD
• International transfers to 140+ countries from a fee of 0.61% (if required currency conversion)
• Earn interest on EUR and USD currencies*
• Discounts for large transactions
• Account integrations, API access and batch payments to cut admin time.

Join Wise Business

*Investment services are provided by Wise Assets Europe if you decide to invest your funds and turn on Interest.

Wise Business pricing in Ireland

	Fee
Account opening	50 EUR
Monthly fee	No fee
Card order fee	No fee for the first card, then 4 EUR/card
ATM fee	Up to 2 withdrawals/month, to the value of 200 EUR with no Wise fee*, then 0.5 EUR + 1.75%
Card spending	Free from a currency you holdIf currency conversion needed: from 0.61%
International transfers	From 0.61%
Receive incoming payments	No fee to receive a local transfer, low fixed fees for SWIFT payments and USD wires

*Details correct at time of research - 6th November 2025. Wise will not charge you for these withdrawals, but some additional charges may occur from independent ATM networks. .

Pros and cons of Wise Business

Pros	Cons
✅ No monthly fees ✅ Possibility to hold and convert between 40+ currencies ✅ Currency conversion done at the mid-market rate ✅Avaiable for freelancers and business owners ✅ Send money to 140+ countries ✅ Ways to receive payments via local and SWIFT account details	❌ No in person or cash based services ❌ ATM withdrawals free fee* has limits ❌ Incoming SWIFT payments have fees

* Wise will not charge you for these withdrawals, but some additional charges may occur from independent ATM networks.

Read also: Wise Business account features

Revolut Business account in Ireland

If you live in an eligible country (including Ireland and the EEA) you can open a Revolut Business account in Ireland for your locally registered business. To open your account you’ll need to get the Revolut app.

Key features for Irish businesses

• Multiple plan options from Basic at €10/month to custom Enterprise plans for large companies
• 25+ currencies supported for holding and exchanging
• All plans offer physical and virtual cards
• Some currency exchange on weekdays with no Revolut fee
• Send money internationally - some plans include discounts on fees
• Local account details to receive payments in EUR and GBP, SWIFT details for other currencies
• Ways to take customer card payments online and in person
• Multi-user access, API, and batch payments - options depend on account plans selected.

Revolut Business pricing in Ireland

	Basic⁶	Grow⁷	Scale⁸
Monthly fee	10 EUR	30 EUR	60 EUR
Card fee	Shown when you order	Shown when you order	Shown when you order
ATM fee	2% of withdrawal value	2% of withdrawal value	2% of withdrawal value
Weekday currency exchange	No fee to 1,000 EUR then 1% additional fee	No fee to 15,000 EUR then 1% additional fee	No fee to 60,000 EUR then 1% additional fee
Out of hours currency exchange	Additional 1% fee	Additional 1% fee	Additional 1% fee
Send local transfers	10 with no fee, then 0.2 EUR	100 with no fee, then 0.2 EUR	1,000 with no fee, then 0.2 EUR
Send international transfers	5 EUR	5 with no fee, then 5 EUR	25 with no fee, then 5 EUR
Receive incoming payments⁹	No Revolut fee within plan allowance or for GBP, USD, EUR, and CHF 5 EUR in all other cases	No Revolut fee within plan allowance or for GBP, USD, EUR, and CHF 5 EUR in all other cases	No Revolut fee within plan allowance or for GBP, USD, EUR, and CHF 5 EUR in all other cases
Payment acceptance fees	From 0.8% + 0.02 EUR	From 0.8% + 0.02 EUR	From 0.8% + 0.02 EUR

*Details correct at time of research - 6th November 2025.

Pros and cons of Revolut Business

Pros	Cons
✅ 4 different types of account plans to suit growing companies ✅ Variable no fee transactions included in all account types ✅ All accounts have linked debit and expense cards ✅ Send international transfers to 150+ countries	❌ Not available for freelancers ❌ Monthly fees apply on all business accounts ❌ 1% out of market hours fees and/or 0.6% fair usage fee may apply when converting currencies

Read more: Revolut Business account fees

Wise Business vs Revolut: Detailed comparison in Ireland

Currency support and exchange rates

Wise Business account support 40+ currencies for holding and exchange, and uses the mid-market exchange rate for currency conversion, with low fees from 0.61%.

Revolut offers 25+ currencies for holding and exchange and works a little differently on currency conversion.

All Revolut Business Ireland plans have a fixed amount of weekday currency conversion which use the Revolut rate with no additional fee - this is from 1,000 EUR/month on the Basic plan to 60,000 EUR/month on Scale.

After this a fee of 0.6% applies on all conversions. There’s also a 1% fee if you convert currencies in your account, for a payment or when you spend with your card at the weekend.

Revolut vs Wise business: International transfers

Wise allows you to send payments to 140+ countries, with fees from 0.61% and the mid-market exchange rate. 74% of Wise transfers are completed in under 20 seconds, although delivery time can vary due to the payment’s destination, currency, value and other factors.

Wise also offers discounts on large transfers of over 20,000 GBP (or the equivalent in EUR) monthly. Plus, all account holders are eligible for batch payments to initiate up to 1,000 transfers with one spreadsheet upload.

Revolut offers international payments to 150+ countries, with a fee of 5 EUR. If you have a Grow or Scale account you can get a fixed number of transfers with no Revolut fee before the 5 EUR charge begins. Currency exchange costs may also apply depending on the way you use your account. Revolut batch payments are available on Grow or Scale accounts only.

Local account details and IBAN support

Wise offers local account information for 8+ currencies including an EU IBAN, GBP account number and sort code, and ways to be paid locally in USD, AUD, NZD and more.

There’s no Wise fee for an incoming payment using local account information (non-Swift/non-wire). You can also get Wise SWIFT account information to receive other currencies with a small fee - check all the Wise fees.

Revolut accounts all come with an EU IBAN, and a GBP account number and sort code. You can also receive other currencies with SWIFT information. Revolut does not charge fees for these payments within your plan limit, or if you’re receiving GBP, USD, EUR, or CHF. In other cases there’s a 5 EUR incoming payment fee from Revolut.

Wise Business vs Revolut Business cards

Both Wise Business vs Revolut Business offer physical and virtual card options with no foreign transaction fees when you spend overseas.

Wise Business offers one debit card free with each account, and then charges 4 EUR per additional card ordered. There’s no fee to spend a currency you hold and you can convert currencies manually or automatically from 0.61%. Virtual cards are also available.

Discover the Wise Business card

Revolut Business has different business cards depending on the account type you have. All accounts are able to get physical plastic cards and Grow or Scale customers may also order Metal cards. Each team member can also have up to 200 virtual cards for online use.

There’s no fee to spend a currency you have in your Revolut account, and the card can convert automatically for you if you don’t have the currency needed. Fair usage or out of hours fees may apply.

Regulatory considerations for Wise and Revolut business

Licensing and Regulation

Wise is regulated in the EEA and wherever else it offers services. For services offered in Ireland, Wise Europe SA, is authorised as a Payment Institution by the National Bank of Belgium.

Revolut Bank UAB is authorised by the Bank of Lithuania and by the European Central Bank, and is also regulated by the Central Bank of Ireland.

Security features considerations

Wise keeps your money safe using safeguarding of funds, as well as a broad range of account security measures which are available as standard to all customers. These include 2 factor authentication, instant transaction notifications and 24/7 automatic and manual fraud protection protocols.

Revolut also puts a high emphasis on security with biometric security, identity verification checks and a personalised security dashboard which allows you to manage your own account preferences.¹⁰

Customer support and user experience

Both Wise and Revolut offer well liked mobile apps and an intuitive digital experience, with each service scoring 4.7 stars out of 5 on Apple App store customer ratings at the time of research (10th November 2025).

Wise offers a 24/7 phone and chat support service for Business customers looking for support in English, plus e-mail and an online Help Center support.

Revolut offers in-app chat services, 24/7, in over 100 languages for its business customers.¹¹

Integration and business tools

Accounting software integration

Wise software integrations in Europe include:

• Xero
• QuickBooks
• FreeAgent
• Fresh Books
• Oracle Netsuite
• Zoho books
• Bonsai
• Odoo.

Revolut integrations include¹¹:

• Xero
• QuickBooks
• FreeAgent
• Bullet
• Accounts IQ
• Dext Prepare
• Big Red Cloud
• Odoo.

Revolut Business or Wise Business: Which is better?

Finding the right international business account in Ireland for your unique needs will take some research. You’ll want to compare the Wise vs Revolut Business fees for Ireland, as well as the account features and convenience.

Revolut does offer some good ways to take card payments on and off line, which Wise doesn’t have - but there are account fees on all account types, and there’s no option for freelancers to have a dedicated business account.

Wise on the other hand has no ongoing fees, and uses the mid-market rate with no fair usage or out of market hours costs for currency conversion. Accounts can be opened by business owners and freelancers alike, for low cost cross currency payments on 40+ currencies, and no hidden fees.

Frequently Asked Questions

What are the main differences between Wise and Revolut for business?

Wise supports 40+ currencies for holding, and has one account type with no monthly fees. You can use your account to hold, send, spend and receive a broad selection of currencies.

Revolut supports 25+ currencies, with different account types depending on customer need, and ways to take customer card payments on and offline. Which is best for you depends on your business type and personal preferences.

Which is cheaper for international transfers: Wise or Revolut Business?

Wise transfers cost from 0.61% depending on the currency, with automatic discounts on high value payments. Revolut offers Grow and Scale account holders some no fee transfers, with a 5 EUR fee on all other payments, plus any applicable currency conversion fair usage or out of hours costs.

Is Wise Business better than Revolut Business for Irish companies?

Neither Wise Business or Revolut Business is better per se - it all depends on the type of business you have and how you need to transact. Use his guide to compare both options and pick the best for your unique needs.

Read also: Wise Business vs Personal

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Sources used:

1. Revolut Business
2. Revolut Business eligibility
3. Revolut Business Plans
4. Revolut Business currency accounts
5. Revolut Business cards
6. Revolut Business fees - Basic
7. Revolut Business fees - Grow
8. Revolut Business fees - Scale
9. Revolut FAQ - incoming payment fees
10. Revolut security
11. Revolut Ireland contact us
12. Revolut integrations

Sources last checked on date: 11th November, 2025