Wise Business: the must-have business account for international work

Wise Business (formerly TransferWise) is the go-to multi-currency business account for freelancers who work internationally. You can hold more than 40 currencies, receive payments with local bank details (EUR, USD, GBP...) and convert your money at the real exchange rate. No hidden fees, no monthly subscription.

• Hold 40+ currencies: keep your money in the currency of your choice without converting it.
• Get paid like a local: get local bank details in 10 currencies (EUR, USD, GBP, AUD, etc.) so your clients can pay you without fees.
• Convert at the real rate: no more hidden markups, you pay the exchange rate you see on Google.
• Send money everywhere: transfers to 80+ countries at low fees.
• Invoice in several currencies: free invoicing tool with built-in local bank details.
• Manage a team: cards for your collaborators with customizable limits.
• Earn interest: your EUR, USD or GBP balance generates interest (interest-bearing balance).
• Sync your accounting: integration with Xero, QuickBooks and others.

Wise Business works without a subscription:

• Opening: €50 (one-off fee, once only).
• Monthly fees: €0.
• First card: Free.
• Receiving money: Free in 9 currencies via local details.
• Conversions: From 0.43% depending on the currency, always at the real rate.
• Withdrawals: 2 free per month (up to €200), then €0.50 + 1.75% beyond that.

• Real exchange rate: no hidden markup, unlike traditional banks.
• No subscription: you only pay when you use the service.
• Local details: your US clients pay you in USD on a US account, your UK clients in GBP, and so on.
• Transparent: you see exactly how much you'll pay before each transaction.
• Fast: transfers often arrive within a few hours.

• Belgian (BE) IBAN: can be a problem for some administrative procedures in France
• No overdraft or financing
• No check or cash deposits
• Electronic money account (not a bank in the strict sense)
• Less suitable if you only work in France/the eurozone

Wise Business is a must-have if you have clients abroad or invoice in several currencies. The real exchange rate and the absence of monthly fees make it a highly competitive solution for international freelancers. If you only work in France with French clients, Qonto or Shine will be a better fit.