9 Best Banks for International Business in 2025

Many US-based businesses partner with global suppliers, so finding the best bank for international business is important. It should let you send payments overseas to numerous countries in multiple currencies for a reasonable fee and support your business when making international purchases or traveling abroad.

Some of the best banks for international businesses will also allow you to send currencies in as little as one business day, while others will open foreign accounts in local currencies to save you time and money when conducting international business. Access to digital and electronic banking options is also a critical factor for businesses expanding globally.

Here are the nine best banks for international business, with links directly to the provider websites:

• Bluevine: Best business checking account for earning interest with no monthly fees
• Novo: Best digital-only bank for international ATM fee refunds and rapid access to funds
• Relay: Best for businesses needing multiple accounts and debit cards
• Chase: Best for small business banking tools and premium checking
• Mercury Mercury is a fintech company, not an FDIC-insured bank. Deposits in checking and savings accounts are held by our banking services partners, Choice Financial Group and Evolve Bank & Trust®; Members FDIC. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through insurance to apply. : Best free international wires in US dollars
• Wise: Best low-cost international transfers via local accounts
• Rho: Best flat-rate pricing for foreign exchange transfers
• Revolut: Best for spending funds in multiple currencies
• Bank of America: Best overall for overseas payments and international currency orders

Featured Partner Bluevine has paid for this placement. However, our team of experts approved Bluevine as an appropriate product and our content remains editorially independent.
Earn up to 3.70% APY with Bluevine Business Checking
Unlimited transactions, no overdraft fees, and no fees on ACH & incoming wires Add up to 5 sub-accounts, each with unique account numbers Earn a $300 cash bonus. Terms apply How to earn the bonus: To earn the $300 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 3/31/2025 using the referral code above. After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding: Deposit at least $5,000 from eligible merchant services to your Bluevine account, Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers, or Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard® FDIC coverage up to $3 million Visit Bluevine

Best Banks for International Business at a Glance

	Monthly Fee	Free Monthly Transactions	Number of Countries to Send Money	Number of Currencies	New Account Promotions
Bluevine Standard	None	Unlimited	32	15	$300 cash back bonus Open a business checking account and meet eligibility requirements..
	Visit Bluevine
Business Checking	None	Unlimited	150-plus Sent through Wise	50	N/A
	Visit Novo
Relay Standard	None	Unlimited	Undisclosed	32	N/A
	Visit Relay
Business Complete Banking	$15; waivable Meet the following requirements:   • Maintain a balance of $2,000 during the statement period • Deposit at least $2,000 • Spend at least $2,000 on eligible purchases using the Chase Ink Card	20	90-plus	40-plus	$300 cash back bonus Open a business checking account and meet eligibility requirements.
	Visit Chase
Mercury Business Checking	None	Unlimited	160-plus	30-plus	N/A
	Visit Mercury
Business Checking	None	Unlimited	160-plus	40-plus	N/A
	Visit Wise
Business Checking	None	Unlimited	200-plus	32	N/A
	Visit Rho
Basic Business Checking	None	Unlimited Unlimited between Revoult accounts	160-plus	33-plus	N/A
	Visit Revolut
Business Advantage Fundamentals Banking	$16; waivable Meet one of the following requirements:   • Maintain a combined monthly balance of $5,000/div> • Spend $500 on qualified purchases with business debit card • Be a member of Preferred Rewards for Business	20	200-plus	140	$100 to $500 Open a business checking account and meet eligibility requirements.
	Visit Bank of America

Bluevine: Best Business Checking Account for Earning Interest With No Monthly Fees

What We Like

• Offers $300 sign-up bonus for new business checking account holders (use referral code: FSM300) How to earn the bonus: To earn the $300 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 3/31/2025 using the referral code above. After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding: Deposit at least $5,000 from eligible merchant services to your Bluevine account, Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers, or Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®
• Offers interest-earning checking on balances up to $250,000
• Can send payments to 32 countries in 15 currencies
• Has an excellent line of credit product
• Has unlimited 1.5% cash back on business Mastercard

Drawbacks

• Lacks savings, money market, and CD accounts
• Lacks physical branch locations
• Charges a fee for depositing cash

Read our Bluevine business checking review

Features

• No monthly maintenance fee
• No minimum balance requirement
• Free debit card and two free checkbook orders per year
• Integration with QuickBooks, Wave, and Xero
• Ability to connect with business payment solutions, including Wise, Venmo, Expensify, Cash App, and Square
• Up to five subaccounts and shared account access
• Reduced standard payment fees for premium plans
• Live customer support from dedicated professionals
• Line of credit and credit card product offered

Read our Bluevine business checking review

Visit Bluevine

Bluevine Standard Checking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited
ACH Fees	None
Monthly Fees	None
Domestic Wire Transfer Fees	Incoming: $0 Outgoing: $15
International Wire Transfer Fees	Incoming: $15 Outgoing (USD): $25 Outgoing (non-USD): $25 plus 1.5%
ATM Fees	None at MoneyPass locations nationally; $2.50 plus operator fees for nonnetwork ATM use
Cash Deposited	$1 fee per deposit plus 0.5% of deposit amount at Allpoint+ ATMs $4.95 fee per deposit, available through GreenDot retail locations
APY	1.5% on qualifying balances up to $250,000
Bluevine is a business fintech platform backed by FDIC-insured Coastal Community Bank.

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International Payment Information

Country	Currency
United Kingdom	GBP - British pound; USD
China	CNY - Chinese Yuan, USD
Mexico	MXN - Mexican peso; USD
Canada	CAD - Canadian dollar; USD
India	INR - Indian rupee; USD
Israel	ILS - Israel new shekel; USD
Japan	JPY - Yen; USD
Switzerland	CHF - Swiss franc; USD
Philippines	PHP - Philippine peso; USD
Australia	AUD - Australian dollar; USD
Denmark	DKK - Danish krone; USD
Thailand	THB - Thai baht; USD
Sweden	SEK - Swedish krona; USD
Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain	EUR - euro; USD

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When to Choose Bluevine

• You want an online interest-earning business checking account with international payment support: With interest-bearing checking and the ability for customers to send international payments, Bluevine is a great choice for international business customers. You can earn 1.5% APY with Bluevine Standard checking on qualifying deposits. In addition, Bluevine allows you to directly send international business payments to 32 countries in 15 currencies from your Bluevine dashboard.
• You need those international payments received in as little as 24 hours: Payments are sent out between 8 a.m. and 5 p.m. Eastern time and can be received in as fast as 24 hours. Payments sent in USD cost between $20 and $25 per payment depending on business account type, while payments sent in other currencies cost $25 plus 1.5% of the payment amount.
• You want the option of a premium account with higher interest earning: The Bluevine Premier checking account offers a 3.70% APY on balances up to $3 million. Its monthly fee of $95 can be waived by having a minimum balance of $100,000 and spending $5,000 via your Bluevine debit card or credit card. Premier account status also provides reduced fees for same-day ACH and domestic and international wire transfers.

Novo: Best Digital-only Bank for International ATM Fee Refunds & Rapid Access to Funds

What We Like

• Has zero maintenance fees
• Refunds up to $7 in ATM fees monthly, both domestic and international
• Allows faster access to your funds via Novo Boost and Express ACH
• Has unlimited 1.5% cash back on business Mastercard

Drawbacks

• Cannot deposit cash directly
• Doesn’t earn interest through the checking account
• Has conflicting information about how many countries and currencies are available for international payments

Read our Novo business checking review

Features

• Integration with other business tools, such as QuickBooks, Slack, Xero, Stripe, Square, PayPal, and Wise
• Ability to set aside funds for taxes and other large business expenses with Novo Reserves
• Ability to deposit checks directly through the mobile app
• Online banking that includes unlimited invoicing and bill pay
• Faster access to funds via Novo Boost in coordination with Stripe
• Ability to accept or receive same-day ACH payments through Express ACH
• Virtual debit card available immediately, one free physical debit card per user
• Ability to send paper checks straight from the app
• Live customer support from dedicated professionals
• Merchant cash advance through Novo Funding

Read our Novo business checking review

Visit Novo

Novo Business Checking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited
ACH Fees	$0 for regular ACH; 1.5% of the transaction amount for Express ACH
Monthly Fees	None
Domestic Wire Transfer Fees	$0 to receive; cannot send wires domestically but can send fee-free ACH transfers
International Wire Transfer Fees	$0 to receive; Novo partners with Wise to send international wires for a “low” fee
ATM Fees	None; refunds third-party ATM surcharges up to $7 monthly
Cash Deposited	None; money orders can be purchased and deposited through the app
APY	N/A
Novo is a business fintech platform backed by FDIC-insured Middlesex Federal Savings.

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International Payment Information

Novo partnered with Wise for international wire transfers. See our section on Wise for details.

In addition, Novo refunds up to $7 in ATM fees each month, including international ATM fees.

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When to Choose Novo

• You withdraw funds from ATMs frequently, including internationally: While Novo’s biggest selling point is the ability to send and receive payments faster than most providers, a bonus of the digital-only neobank is ATM fee reimbursement. It refunds up to $7 monthly, including international ATM fees. This helps you save when you withdraw funds abroad. It is one of the reasons why Novo is in our roundup of the best business bank accounts for sole proprietors.
• You need to send international payments: For businesses sending international wires, Novo partners with Wise for low-fee transfers overseas. You can read more about Wise in its section, which comes later in this buyer’s guide. Novo claims that you can send money to over 150 countries in 50 currencies. However, Wise allows its customers to send payments to 80 countries, so this may be the same for Novo.
• You want to send and receive funds faster than with other providers: Novo is part of our list of the best online business banks for its two outstanding services that help you get paid and make payments faster. Novo Boost lets you accept payments from popular online payment processors and receive payments faster than other fintechs on this list, while Novo’s Express ACH enables you to accept or send same-day ACH payments.

Relay: Best for Businesses Needing Multiple Accounts & Debit Cards

What We Like

• Has no minimum balance or opening deposit required
• Offers very inexpensive wire transfers that are free with Relay Pro
• Has no ATM fees charged by Relay, although third-party fees may apply out of network

Drawbacks

• Lacks physical locations
• Lacks interest-bearing checking
• Lacks lending products

Read our Relay business checking review

Features

• Fee-free online banking and money management platform
• Ability to open up to 20 individual business checking accounts
• Ability to issue up to 50 Visa debit cards
• Savings accounts with APY of 1% to 3%
• Cash deposits free at Allpoint+ ATMs
• Deposit cash at over 90,000 Green Dot retail locations (fee applies)
• Ability to send and receive ACH transfers, checks, and wires
• Ability to collect payments from PayPal, Stripe, Square, and more
• Accounting software integrations with QuickBooks, Xero, and Plaid
• Ability to send checks on users’ behalf for free; third-party checks unavailable
• Relay Pro account available, which offers same-day ACH delivery, free wire transfers, and accounts payable support

Read our Relay business checking review

Visit Relay

Relay Standard Business Checking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited
Monthly Fees	None
Domestic Wire Transfer Fees	Incoming: $0 Outgoing: $5
International Wire Transfer Fees	Incoming: $0 Outgoing: $10
ATM Fees	None at Allpoint ATMs; Relay doesn’t charge out-of-network ATM fees, although third-party fees will apply
Cash Deposited	$0 through Allpoint+ ATMs and $4.95 per deposit at Green Dot retail locations
APY	N/A
Relay is a business fintech platform backed by FDIC-insured Thread Bank.

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International Payment Information

• Payment Info
• Currencies

Relay Standard, the provider’s free account, charges just $10 for outgoing international wires. Incoming international wires are free. If you upgrade to Relay Pro, all international wires are free. Wires in non-USD can be sent Monday to Friday from 7 AM to 6 PM.

While the provider doesn’t have a specific list of countries that you can send a wire to, you can see the countries from which Relay can receive international wires. There is also a list of countries where Relay can’t wire to and a list of countries Relay can’t receive wires from.

International wires take two to three business days to arrive at the recipient’s bank; however, it can take an additional four days to be posted to the recipient’s account. Relay refreshes exchange rates every 60 seconds to update the rate based on the foreign exchange market. Relay will apply a competitive exchange rate fee—as little as 1%—when using the new currency exchange feature.

The currencies available are in the table in the following tab.

Available Currencies
Mexican peso (MXN)	Swedish krona (SEK)
European euro (EUR)	Croatian kuna (HRK)
British pound sterling (GBP)	Kuwaiti dinar (KWD)
Canadian dollar (CAD)	Czech koruna (CZK)
Australian dollar (AUD)	Thai baht (THB)
New Zealand dollar (NZD)	Hong Kong dollar (HKD)
Saudi riyal (SAR)	Danish krone (DKK)
Singapore dollar (SGD)	Norwegian krone (NOK)
South African rand (ZAR)	Turkish lira (TRY)
Swiss franc (CHF)	Omani rial (OMR)
Japanese yen (JPY)	Ugandan shilling (UGX)
Chinese yuan (CNY)	Hungarian forint (HUF)
Israeli new shekel (ISL)	Poland złoty (PLN)
Bahraini dinar (BHD)	United Arab Emirates dirham (AED)
Bulgarian lev (BGN)	Qatari rial (QAR)
Kenyan shilling (KES)	Romanian leu (RON)

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When to Choose Relay

• You need to send international wires and seek transparency about what countries are available: Relay offers you the ability to receive funds in 32 currencies from more than 188 countries overseas. It also keeps an updated list of countries where you cannot send wires, which is linked in our rubric box above.
• You want to upgrade to a premium service for free international wires: Relay Pro starts at $30 a month. However, if you often send international wires, it may be worth it. Relay normally charges $10 per outgoing international wires, but those are free with Relay Pro. In addition, it provides faster ACH transfers, autoimported bills from QuickBooks Online or Xero, and other advanced payment dashboard features.
• You seek free checking with multiple accounts and debit cards: Thanks to no monthly account fees, up to 20 checking accounts, and 50 Mastercard debit cards, Relay is a great choice for companies looking to categorize their funds in multiple accounts and track company spending easily. Relay Standard is free with no minimum balance, opening deposit, and overdraft or bounced check fees.

Chase: Best for Small Business Banking Tools & Premium Checking

What We Like

• Can send payments to over 90 countries in more than 40 currencies
• Offers up to $300 welcome bonus for new accounts
• Has a branch presence in 48 states Branches in all 48 mainland states

Drawbacks

• Has limited number of free transactions
• Does not reimburse ATM fees
• Charges much higher fees for some wires; may not have favorable exchange rate on free wires

Read our Chase Business Complete Banking review

Features

• Ability to manage debit, deposit, and ATM card settings for individual employees
• Ability to deposit checks, view account balances, pay bills, and make transfers through the mobile app
• Integration with QuickBooks and other leading accounting software
• Built-in card acceptance with QuickAcceptSM via the Chase Mobile® app
• Free debit card, mailed within 10 business days of application approval
• Chase Payment Solutions
• Live customer support online or in branch during business hours
• Other products such as business savings, CDs, lending products, credit cards, merchant services, and collection services

Read our Chase Business Complete Banking review

Visit Chase

Chase Business Complete Banking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	20, then 40 cents per transaction
ACH Fees	$2.50 per item for first 10 payments and 15 cents for succeeding payments   1% of transaction for same-day ACH or $25 per transaction, whichever is less.
Monthly Fees	$15; waivable if conditions are met
Domestic Wire Transfer Fees	Incoming: $15 Outgoing: $35
International Wire Transfer Fees	Incoming: $15 Outgoing: $50
ATM Fees	$3 at non-Chase ATMs, plus ATM operator fees
Cash Deposited	$5,000 free per month, then $2.50 per $1,000
APY	N/A

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International Payment Information

Chase, through JP Morgan, allows you to send payments to more than 90 countries in over 40 currencies. For complete details on sending funds, see JP Morgan’s Global Payments Guide, and search for the country where you plan to send money.

• Online wires sent to a bank outside the US in foreign currency have no Chase wire fee for amounts of $5,000 USD or more, only a $5 Chase wire fee for amounts below $5,000 USD.
• Wire funds on the go using the Chase Mobile^® app or chase.com.
• Send from your Chase checking account.
• Access up to 13 months of outgoing wire transfer history.
• Save details of frequent payees for future transfers.
• Send transfer requests anytime.
• Transfer requests that are initiated by 4 p.m. Eastern time for Personal accounts and 5 p.m. ET for Business accounts begin processing the same business day.

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When to Choose Chase

• You need to send international payments to more than 90 countries: Chase is another great option for international business thanks to the ability to send money to over 90 countries in more than 40 currencies. Chase offers slightly fewer options than Bank of America, which is why Bank of America edges Chase for international businesses.
• You want free online wires for transactions over $5,000: Chase online wires sent to a bank outside the US in a foreign currency have no Chase wire fees for amounts of $5,000 or more. If the amount of the wire is less than $5,000, a $5 Chase fee applies. Traditional wires are more expensive, so consider an online wire when sending money overseas.
• You want three great business checking options: The bank has three excellent business checking products, all with a waivable monthly fee if specific criteria are met: Business Complete Banking, Performance Business Checking, and Platinum Business Checking. You can read our comparison of Chase’s business checking accounts to see which best suits your needs.

Mercury: Best Free International Wires in US Dollars

What We Like

• Has no monthly maintenance fee on introductory account
• Has no fees for domestic and international wire
• Offers outstanding yield on balances over $500,000 for its treasury product

Drawbacks

• Is unavailable to sole proprietorships and trusts
• Lacks paper check-writing abilities
• Has limited lending options and no cash deposits

Read our Mercury business checking review

Features

• Offers 14 subaccounts
• 1.5% auto cash back rewards from corporate card
• Customized user account access
• Set customer user permissions for your team members
• Create autotransfer rules for your accounts
• Virtual debit cards available right away, with physical debit cards arriving in the mail in a few days
• Email customer service available
• Savings account provided when you open checking account
• Other products include Mercury Treasury, capital and venture debt, and corporate credit card
• 1% flat fee on currency exchange

Read our Mercury business checking review

Visit Mercury

Mercury Business Checking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited
ACH Fees	None
Monthly Fees	None
Domestic Wire Transfer Fees	None
International Wire Transfer Fees	None, as long as it is sent through Mercury’s structure $15 flat fee to prevent recipient from paying fees and receiving the full amount
ATM Fees	None for out-of-network ATMs, although operator fees apply; free access to Allpoint ATM network
Cash Deposited	Cash deposits not accepted
APY	N/A

Mercury is a fintech company, not an FDIC-insured bank. Deposits in checking and savings accounts are held by our banking services partners, Choice Financial Group and Evolve Bank & Trust^®; Members FDIC. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through insurance to apply.

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International Payment Information

Mercury supports outgoing payments to, incoming payments from, and card swipes and ATM withdrawals within the following countries and regions:

A to F

• Aland Islands
• Albania*
• Algeria
• American Samoa
• Andorra
• Angola
• Anguilla
• Antigua and Barbuda
• Argentina
• Armenia
• Aruba
• Australia
• Austria
• Azerbaijan
• Bahamas
• Bahrain
• Bangladesh
• Barbados
• Belgium
• Belize
• Benin
• Bermuda
• Bhutan
• Bolivia
• Bosnia and Herzegovina*
• Botswana
• Brazil
• British Indian Ocean Territory
• British Virgin Islands
• Brunei Darussalam
• Bulgaria
• Burkina Faso
• Burundi*
• Cambodia*
• Cameroon*
• Canada
• Caribbean Netherlands
• Cayman Islands
• Chad
• Channel Islands
• Chile
• China
• Christmas Island
• Cocos (Keeling) Islands
• Colombia
• Cook Islands
• Costa Rica
• Côte d’Ivoire
• Crimea
• Croatia*
• Curacao
• Cyprus
• Czech Republic
• Denmark
• Djibouti
• Dominica
• Dominican Republic
• Ecuador
• Egypt
• El Salvador
• Equatorial Guinea
• Estonia
• Ethiopia
• Falkland Islands
• Faroe Islands
• Fiji
• Finland
• France
• French Guiana
• French Polynesia
• French Southern Territories

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G to K

• Gabon
• Gambia
• Georgia
• Germany
• Ghana
• Gibraltar
• Great Britain
• Greece
• Greenland
• Grenada
• Guadeloupe
• Guatemala
• Guernsey
• Guinea
• Guinea-Bissau
• Guyana
• Holy See (Vatican)
• Honduras
• Hong Kong
• Hungary
• Iceland
• India
• Indonesia
• Ireland
• Isle of Man
• Israel
• Italy
• Jamaica
• Japan
• Jersey
• Jordan
• Kazakhstan
• Kenya
• Kiribati
• Kosovo
• Kuwait
• Kyrgyz Republic (Kyrgyzstan)

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L to P

• Laos
• Latvia
• Lebanon*
• Lesotho
• Liechtenstein
• Libya*
• Lithuania
• Luxembourg
• Macao
• Macedonia
• Madagascar
• Malawi
• Malaysia
• Maldives
• Malta
• Marshall Islands
• Martinique
• Mauritania
• Mauritius
• Mayotte
• Nepal
• Netherlands
• New Caledonia
• New Zealand
• Nicaragua*
• Mexico
• Micronesia
• Moldova
• Monaco
• Mongolia
• Montenegro
• Montserrat
• Morocco
• Namibia
• Nauru
• Niger
• Nigeria*
• Niue
• Norfolk Island
• Northern Mariana Islands
• Norway
• Oman
• Pacific Islands
• Pakistan*
• Palau
• Panama
• Papua New Guinea
• Paraguay
• Peru
• Philippines*
• Poland
• Portugal

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Q to Z

• Qatar
• Reunion
• Romania
• Rwanda
• Saint Barthelemy
• Saint Helena
• Saint Kitts and Nevis
• Saint Lucia
• Saint Pierre and Miquelon
• Saint Vincent and the Grenadines
• Samoa
• San Marino
• Sao Tome and Principe
• Senegal
• Serbia
• Sevastopol
• Seychelles
• Sierra Leone
• Singapore
• Sint Maarten
• Slovakia
• Slovenia
• Solomon Islands
• Somalia*
• South Africa
• South Georgia and the South Sandwich Islands
• South Korea
• Spain
• Sri Lanka
• Sudan*
• Suriname
• Swaziland
• Sweden
• Switzerland
• Taiwan
• Tajikistan
• Tanzania
• Thailand
• Timor-Leste
• Togo
• Tokelau
• Tonga
• Trinidad and Tobago
• Tunisia
• Turkey
• Turks and Caicos
• Tuvalu
• Uganda
• Ukraine (nonsanctioned regions)
• United Arab Emirates (UAE)
• United Kingdom
• Uruguay
• Uzbekistan
• Vanuatu
• Vietnam
• Wallis and Futuna
• Western Sahara
• Zambia
• Zimbabwe

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Note: For the 14 countries and regions marked with an asterisk (*), you are required to provide the payment reason, indicate whether you plan to pay this recipient in the future, and upload supporting documentation when sending a payment.

The following countries are not supported for outgoing payments, incoming payments, or ATM withdrawals within them:

• Afghanistan
• Belarus
• Central African Republic
• Congo (the Democratic Republic of the)
• Congo (the)
• Cuba
• Eritrea
• Haiti
• Iran (Islamic Republic of)
• Iraq
• North Korea (DPRK – Democratic People’s Republic of Korea)
• Liberia
• Mali
• Mozambique
• Myanmar (Burma)
• Palestine (State of)
• Russia
• South Sudan
• Syria (Syrian Arab Republic)
• Ukraine (sanctioned regions)
• Venezuela (Bolivarian Republic of)
• Yemen

Wise: Best Low-cost International Transfers Via Local Accounts

What We Like

• Can hold and convert money in over 40 different currencies
• Can send money to over 160 countries
• Has interest-earning account for US-based businesses
• Has 18 different languages for translation

Drawbacks

• Requires $31 to open an account
• Doesn’t accept cash deposits
• Has no lending options

Read our Wise Business Account Review

Features

• Integrations with Xero, QuickBooks, Sage, FreshBooks, Oracle NetSuite, and more
• Ability to use Bespoke to set access and permissions to account
• Ability to send money to more than 160 countries
• Ability to hold and convert money in over 40 different currencies
• Interest-earning account available with solid APY for US-based businesses

Read our Wise Business Account Review

Visit Wise

Wise Business Checking Terms

Required Opening Deposit	$31
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited
Monthly Fees	None
Domestic Wire Transfer Fees	$6.11 for incoming
International Wire Transfer Fees	Incoming in USD: $6.11 Outgoing: Fees vary depending on exchange rate
Cash Deposited	Cash deposits not accepted
APY This feature is unavailable to New York and Alaska residents.	4.18% in USD balances (optional)
Wise is a Money Service Business registered with FinCen. It is authorized to operate in most states. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider.

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International Payment Information

• Payment Info
• Currencies

According to Wise, you can add money to your account in these currencies: AUD, BGN, BRL,^[a] CAD, CNY,^[b] CHF, CZK, DKK, EUR, GBP, HUF, IDR,^[c] JPY, MYR,^[d] NOK, NZD, PHP, PLN, RON, SEK, SGD, TRY, and USD.

You can keep 50-plus currencies in your account. You can convert money between any of these currencies in your account, always with the real exchange rate.

These are the currencies you can send to and from your balances on your Wise account:

• AUD within Australia and receive from outside of Australia
• BGN within Bulgaria and receive GBP IBAN from outside of Bulgaria
• BRL within Brazil
• CAD within Canada
• CHF within Switzerland and Liechtenstein
• CZK within Czechia and receive GBP IBAN from outside of Czechia
• DKK within Denmark and receive GBP IBAN from outside of Denmark
• EUR from any from any bank account in the world that’s denominated in EUR
• GBP from any bank account in the UK, or by SWIFT
• HKD within Hong Kong and receive GBP IBAN from outside of Hong Kong
• HUF within Hungary and receive GBP IBAN from outside of Hungary
• IDR within Indonesia
• ILS Israeli nationals not living in Israel can also send from ILS
• INR to INR-denominated accounts in India and receive INR from Indian residents only
• JPY from within Japan and receive GBP IBAN from outside of Japan
• MYR within Malaysia
• NOK within Norway and receive GBP IBAN from outside of Norway
• NZD within New Zealand and receive GBP IBAN from outside of New Zealand
• PLN within Poland and receive GBP IBAN from outside of Poland
• RON within Romania
• TRY can be received and sent to bank accounts within Turkey, denominated in TRY, and received internationally via SWIFT.
• SEK within Sweden and receive GBP IBAN from outside of Sweden
• SGD within Singapore and receive GBP IBAN from outside of Singapore
• USD can be received in USD via ACH bank debit, domestic wire, and international SWIFT payment

To receive money from other people in these currencies, just open a balance in the currency you’re being paid in and give the account details to your friends, company, or customers.

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^[a]You need to be a Brazilian tax resident to add money in BRL.
^[b]CNY: only if you’re eligible to send money from CNY
^[c]IDR can be used to top up any balance except IDR.
^[d]Only Malaysian residents can top up their MYR balance directly by MYR.

Available Currencies: Hold and Convert
Hong Kong dollar Hungarian forint Indonesian rupiah Israeli shekel Indian rupee Japanese yen Kenyan shilling South Korean won Sri Lankan rupee Moroccan dirham Mexican peso	Malaysian ringgit Nigerian naira Norwegian krone Nepalese rupee New Zealand dollar Philippine peso Pakistani rupee Polish złoty Romanian leu Swedish krona Singapore dollar	Thai baht Turkish lira Tanzanian shilling Ukrainian hryvnia Ugandan shilling US dollar Uruguayan peso Vietnamese dong West African CFA franc South African rand

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When to Choose Wise

• You need to send, receive, and hold international payments: Wise uses the real exchange rate when you either send or receive international payments, which is why it is an excellent choice for businesses wanting to send international payments. It also supports other online-only banks, like Novo, with their overseas transactions and allows you to access funds in over 160 countries in more than 40 local currencies with no foreign transaction fees.
• You want to add money to your account in multiple currencies: You can add money to your Wise account in multiple currencies, although some of those currencies are limited to foreign-organized businesses. By setting up local account details in any one of nine currencies, overseas customers can pay you as if your account was held in a bank local to them. You can receive nonwire money for free in those nine currencies.
• You want to earn interest from your account: You can opt to earn interest from your USD, balances, which will be held by Wise’s partner bank, JP Morgan Chase Bank.

Rho: Best Flat-rate Pricing for Foreign Exchange Transfers

What We Like

• Has no monthly fee and FX transfers at a flat 1% for 32 currencies
• Offers fee-free domestic and international SWIFT wires, ACH, and bill pay
• Offers up to 1.25% cash back on corporate cards

Drawbacks

• Lacks APY for checking product
• Lacks business debit card
• Lacks direct cash deposits

Read our Rho business checking review

Features

• Customizable account permissions
• Integration with Oracle NetSuite, QuickBooks, and Sage Intacct, Microsoft Dynamics 365 Business Central, Campfire, and Puzzle
• Streamlined accounts payable
• Cost-saving global payments
• Discounts on business software, such as Google Cloud, QuickBooks, Slack, and Stripe
• Free and unlimited virtual and physical corporate cards for employees
• Business account open to all US incorporated businesses, except sole proprietors
• Business savings accounts with up to $75M in FDIC insurance
• High-yield Treasury account
• Daily customer service through chat and phone support

Read our Rho business checking review

Visit Rho

Rho Business Checking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited
ACH Fees	None
Monthly Fees	None
Domestic Wire Transfer Fees	None
International Wire Transfer Fees	Varies International wires in USD can be subject to additional fees set by recipient, correspondent, or intermediary banks, in addition to the SWIFT network.
ATM Fees	Unavailable; no debit card issued
Cash Deposited	Cash deposits not accepted
APY	N/A
Checking account and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services provided by Wise US Inc. Rho is a fintech company, not a bank.

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International Payment Information

• Payment Info
• Currencies

In partnership with banks, payments can be sent to over 200 countries and territories with Rho. You can see Rho’s list of supported countries. Rho remains compliant with applicable regulations and provides a list of restricted countries and international payment types.

Available Currencies: Hold and Convert
Australian Dollars: AUD	Georgian Lari: GEL
Bulgarian Lev: BGN	Hungarian Forint: HUF
Swiss Francs: CHF	Indian Rupee: INR
Czech Korunas: CZK	Japanese Yen: JPY
Danish krone: DKK	Norwegian Krone: NOK
Egyptian Pound: EGP	Polish Zlotys PLN
Euros: EUR	Romanian Leu: RON
British Pound: GBP	Swedish Krona: SEK
	United States Dollars: USD

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When to Choose Rho

• You seek flat rates on international payments: You can send unlimited SWIFT wires to over 200 countries with a flat FX rate of just 1% across 32 currencies, the best rate in this buyer’s guide. While Rho doesn’t charge for international wires, there may be fees involved with using the SWIFT network in addition to intermediary and receiving bank fees—but those fees will be consistent with any international provider you use.
• Your business is incorporated in the US: Rho is a great option for international business, save for sole proprietorships and unincorporated businesses. Small companies, startups, middle-market companies, and enterprises across industries can open an account.
• You want free domestic wires and ACH payments: For companies that can meet Rho’s requirements, you get the benefit of free domestic wires and ACH payments.

Revolut: Best for Spending Funds in Multiple Currencies

What We Like

• Can hold and exchange over 33 currencies
• Can send in over 160 local currencies
• Has multiple tiers to fit your business needs

Drawbacks

• May not insure funds held outside of US-based account
• Only offers some features in paid plans
• Only offers customer support through online chat

Features

• Up to three physical and 20 virtual cards; first plastic card ships free; delivery fees for each additional card apply
• Four different company accounts and three freelancer accounts
• Local accounts opened up in USD, EUR, and GBP
• Ability to create multiple accounts in over 33 currencies to hold, exchange, and transfer money
• Integration with Xero and QuickBooks
• Business online and mobile banking app
• 24/7 live in-app chat support
• Perks for paid plans include metal cards and better exchange rates
• Cash deposits accepted at Green Dot retail locations

Visit Revolut

Revolut Basic Business Checking Terms

Required Opening Deposit	None
Required Balance Minimum	None
Transaction Limit Before Fees	Unlimited transfers between Revolut accounts
Transfer Fees	Local transfers: 20 cents each after 5 free local transfers International transfers: $5 each Foreign exchange fees: 0.6% markup after the $1,000 fee-free FX allowance Transfers between Revolut accounts are free Current transfers to Ukraine are free and do not count against allowances
Monthly Fees	None
Domestic Wire Transfer Fees	$10 for incoming and outgoing
Monthly Domestic ACH Transfers Allowance	Free if sent to the US in USD
ATM Fees	2% of the amount withdrawn, plus third-party ATM fees
Cash Deposited	$4.95 per transaction, available through Green Dot retail locations
APY	N/A
Revolut Technologies Inc. (Revolut) is a technology services provider and program manager of the card program. Funds in your Revolut Prepaid Card Account will be held or transferred to Lead Bank, an FDIC-insured institution. While there, your funds are insured up to applicable limits by the FDIC. FDIC insurance does not protect your funds in the event of Revolut’s failure or from the risk of theft or fraud. Savings Vault services provided by Sutton Bank, Member FDIC, and funds there are insured up to $250,000 in the event Sutton Bank fails. Securities products and services provided by Revolut Securities Inc., member FINRA/SIPC. Securities products are not insured by the FDIC or any federal government agency, are not bank deposits, are not obligations of or guaranteed by any bank and are subject to investment risks, including possible loss of the principal amount invested.

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International Payment Information

• Payment Info
• Currencies

Revolut allows you to exchange over 33 currencies and keep the funds in your account. The complete list of exchangeable currencies is in the table in the second tab.

The company notes that the cost of converting currencies will depend on the currency you want to exchange and how much you want to exchange. A 0.6% fee is applied to any exchange above the available allowance according to your plan; a 1% fee is applied for exchanges outside market hours. Depending on the currencies you want to exchange, an additional fee may be charged.

All transfers between Revolut accounts are free and instant (both Business and Personal).

Expected time frames per transfer type:

• Local Transfers
  • For GBP local transfers: Up to three working days.
  • For EUR transfers to a bank account domiciled in SEPA: Up to two working days

If you add USD from a bank domiciled in the US using your USD local details, the transfer can usually take up to 5 working days. If your Revolut account was created after February 15, 2024, you won’t have access to USD local details. If this is the case, you’ll need to transfer the funds via a SWIFT international transfer.

• International Transfers (other than specified above): Up to five working days.

Available Exchange Currencies
UAE Dirham (AED)	Mexican Peso (MXN)
Australian Dollar (AUD)	Norwegian Krone (NOK)
Bulgarian Lev (BGN)	New Zealand Dollar (NZD)
Canadian Dollar (CAD)	Philippine Peso (PHP)
Chilean Peso (CLP	Polish Zloty (PLN)
Columbian Peso (COP)	Qatar (QAR)
Swiss Franc (CHF)	Romanian Leu (RON)
Czech Koruna (CZK)	Serbian Dinar (RSD)
Danish Krone (DKK)	Saudi Riyal (SAR)
Euro (EUR)	Swedish Krona (SEK)
British Pound Sterling (GBP)	Singapore Dollar (SGD)
Hong Kong Dollar (HKD)	Thailand Baht (THB)
Hungarian Forint (HUF)	Turkish Lira (TRY)
Icelandic Krona (ISK)	US Dollar (USD)
Israeli New Shekel (ILS)	South African Rand (ZAR)
Indian Rupee (INR)
Japanese Yen (JPY)
South Korean Won (KRW)

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When to Choose Revolut

• You need multiple currency accounts: Revolut is a very solid choice for businesses needing to send payments internationally in multiple currencies. When you open an account, you receive three local accounts: USD, GBP, and EUR. Those allow you to send payments locally in those currencies. In addition, you can exchange over 33 currencies with Revolut and spend 160-plus currencies locally out of your accounts.
• You seek multiple account options: There are seven different accounts with Revolut, including four business accounts (Basic, Grow, Scale, and Enterprise) and three freelancer accounts (Basic, Pro, and Ultimate). The free business account has no opening deposit or minimum balance requirements, but some of the high fee-free allowances and best features are only available in the paid business accounts.
• You want to use free transfers to keep funds insured: One major potential drawback of Revolut is that funds held overseas may not be insured if the local accounts fail. Since transfers between Revolut accounts are free, it’s best to keep funds in your US-based account, which is backed by FDIC-insured banks.

Bank of America: Best for Overseas Payments & International Currency Orders

What We Like

• Sends payments to 200-plus countries in 140 currencies
• Can ship foreign currencies ordered by 5 p.m. local on the same day
• Allows 20 free transactions per month

Drawbacks

• Charges cash deposit fees per $100 over monthly allowance
• Doesn’t offer ATM fee reimbursements
• Requires a $100 opening deposit

Read our Bank of America business checking review

Features

• Ability to deposit checks, view accounts, make transfers, and pay bills with the mobile app
• Cash Flow Monitor^®, a cash management tool, that lets you connect accounting, analytics, and payroll apps to help you make business decisions
• Option for you to check your business credit score through a partnership with Dun & Bradstreet (see our guide on the Dun & Bradstreet Credit Report to learn more)
• Integrations with QuickBooks, TurboTax, and Zelle
• Customer service during business hours in branch and via phone or social media messages
• Other products such as business savings, merchant services, CDs, lending products, and financial analysis through Merrill financial adviser

Read our Bank of America business checking review

Visit Bank of America

Bank of America Business Advantage Fundamentals™ Banking Terms

Required Opening Deposit	$100
Required Balance Minimum	None
Transaction Limit Before Fees	20, then 45 cents per item
Monthly Fees	$16; waivable if conditions are met
Domestic Wire Transfer Fees	Incoming: $15 Outgoing: $30
International Wire Transfer Fees	Incoming: $15 Outgoing: $45
ATM Fees	None at over 15,000 ATMs nationwide; $2.50 per transaction on out-of-network ATMs
Cash Deposited	Up to $5,000 per month free, then 30 cents per $100 per statement cycle
APY	N/A

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International Payment Information

Bank of America allows you to send payments to 233 countries in 150 currencies. For complete details on sending funds, see Bank of America’s International Wire Information, and search for the country where you plan to send money.

In addition, you can order foreign currency directly from the bank. If the order is placed by 2 p.m. local time, it will ship the same day. Fees and details are as follows:

• Standard delivery (one to three business days Allow 2 to 3 additional business days for orders shipped to Alaska or Hawaii. ): $7.50 (standard delivery is free for orders $1,000 and up)
• Because it does not stock inventories of foreign currency at financial centers, delivery charges apply to orders picked up at a financial center as well as to orders—under $1,000 United States dollars (USD)—sent to your account address.

Your order must be picked up at a financial center for the following cases:

• It is more than $1,000 USD.
• You are a new customer (less than 30 days).
• Your address changed in the last 30 days.

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When to Choose Bank of America

• You need to send payments around the world in multiple currencies: With the ability to send payments to more than 200 countries in 150 currencies, Bank of America is our choice for the best bank for international businesses. If you order foreign currency from the bank before 2 p.m. local time, it will ship the same day. Standard delivery is $7.50 with currency delivered in one to three business days.
• You want a business bank account with outstanding ongoing rewards: With its Preferred PRewards for Business program, you can earn 25% to 75% bonus rewards on credit cards and get up to 20% rate boosts on business savings accounts. Bank of America also offers sign-up bonuses ranging from $100 to $500 if qualifications are met. For specific qualifications, see our guide to the best business bank account promos.
• For businesses that might need to access funds via an ATM during overseas travel: Bank of America’s partner banks will allow you to avoid the $5 out-of-network international ATM fee. It’s one of the reasons why Bank of America is one of our best small business checking accounts.

How I Evaluated the Best International Business Bank Accounts

I considered hundreds of domestic and international bank and neobank products when compiling this buyer’s guide. When I evaluated the best international business bank accounts, I considered the following:

• Number of countries and currencies funds that could be sent in a wire or transfer
• Fees for international wires and transfers
• Fees for currency exchange and purchase
• International in-network ATM availability and fees
• International acceptance for a domestic bank account
• Multicurrency options
• Which accounts had no monthly fees or easily waivable monthly fees
• Required opening deposit and balance minimums
• Transaction limits before fees
• Cash deposit fees and availability
• Interest yield, if applicable
• Other checking account perks
• Software integrations
• Other business services provided
• Lending products provided
• Customer service
• Customer reviews

What to Know About Doing Business Internationally

In addition to finding the right bank account for international business, there are some other things you may want to consider if you plan on having customers overseas. Here are some guides compiled by other experts here at Fit Small Business that can help your company thrive in business abroad.

• Payroll: Check out our article on how to pay international employees for a complete guide on how to set up your overseas payroll. And check out our buyer’s guide to the best international payroll services to choose the right provider.
• Contractors: If you plan to have contractors working for you abroad, see our guide on how to pay international contractors to avoid any potential issues.
• Merchant Services: When doing business overseas, it’s important to have a provider that can help you sell your products and services to an international audience. See our list of the leading international merchant accounts.
• Hiring: It’s essential to hire the right people when conducting business overseas. See our guides on how to hire international employees and how to hire international contractors for assistance.
• Shipping: Once you’ve sold your product overseas, you must ship it to the customer. That can present its own challenges. See our article on international fulfillment and cross-border shipping for assistance.
• Credit Cards: Besides a great bank account for international business, it helps to have a credit card with no foreign transaction fees. See our top-recommended no foreign transaction fee credit cards.

What You Need to Open a Business Bank Account

Though each provider on this list may require different documents to open a business bank account, here is a general list of what you will need the following:

• EIN or Social Security number if you’re a sole proprietor
• Fictitious business name certificate or doing-business-as (DBA) certificate
• Business formation documents
• Organization documents, including your ownership agreements
• Business licenses
• Government-issued photo ID, such as a passport or driver’s license

Frequently Asked Questions (FAQs)

Which bank is best for international banking?

Why do I need a specific bank for international business?

What banks offer international accounts?

Can a US LLC operate internationally?

Bottom Line

If your business is global, your business bank account must be able to support the demands of international banking. The providers on this list offer international transfers to and from customers, clients, and employees outside the US. Each offers different lists of countries and currencies, different products and services, and varying fees for those services. Compare each provider and choose the one that best aligns with the international business needs of your company.