10 Best Offshore Neobanks with Multi-Currency Accounts

The Top Offshore Neobanks with Multi-Currency Accounts that make international banking easier for freelancers and companies will be covered in this post.

These digital-first banks provide corporate and virtual cards, low-cost international transfers, multi-currency wallets, and contemporary financial tools.

These offshore neobanks offer effective solutions for international finance, whether you require quick cross-border transfers, easy currency management, or safe internet banking.

What is Offshore Neobanks?

An offshore neobank is a digital-only bank that conducts business outside of your nation of residence and offers financial services without the requirement for conventional physical facilities.

These banks specialize in cutting-edge, app-based banking solutions, providing corporate and virtual cards, low-cost international transfers, multi-currency accounts, and tools for managing personal or business finances internationally.

Because they lower currency translation costs and streamline international transactions, offshore neobanks are particularly well-liked by independent contractors, small businesses, and startups that handle cross-border payments. Compared to traditional banks, they combine convenience, speed, and cost-efficiency and are regulated in their individual jurisdictions.

Why Use Offshore Neobanks with Multi-Currency Accounts

Manage Multiple Currencies: With an offshore neobank multi-currency accounts, save on foreign exchange expenses by avoiding currency conversions altogether.

International Transfers at a Lower Cost: Neo-banks provide a cost effective solution compared to traditional banks for sending and receiving money internationally.

Payments are Quicker: Cross-border payments with offshore neobanks are instant or processed within a couple of business days.

Universal Accessibility: Use the web or mobile apps to access accounts.

Tools for Business: These are suitable for startups and SMEs, with payment automation, invoicing, and accounting software integration.

No Hidden Fees & Transparency: Cover the foreign exchange fees with no extra charges, and get a better price than the bank.

Cards for Corporates & VC: Spend and support payments globally with cards for team members and corporate payments.

Safe & Regulated: Banking is compliant with regulations from the UK, the EU, Singapore, or Hong Kong.

Key Point & Best Offshore Neobanks with Multi-Currency Accounts

Business Account	Key Points
Wise Business (UK)	Multi-currency accounts, low fees, fast international transfers, borderless payments.
Revolut Business	Supports multiple currencies, corporate cards, expense management, real-time analytics.
Payoneer Global Account	Global payments, receive funds in multiple currencies, integrates with marketplaces and clients worldwide.
N26 Business (EU)	Easy-to-use app, free debit card, cashback on purchases, real-time notifications.
Monese Business	Quick account setup, multi-currency support, online banking, no UK address needed.
Airwallex Global Account	Cross-border payments, multi-currency wallets, international cards, API integration.
Aspire Business Account	Singapore-based, digital banking, expense management, virtual cards, fast local and international transfers.
Currenxie Global Account	Multi-currency accounts, low FX fees, international payments, IBAN support for multiple regions.
Zen Business Account	UK-based business account, easy account management, UK & international transfers, debit card support.
Oxygen Business	US-based fintech, modern banking features, multi-currency support, expense tracking, and integrations.

1. Wise Business (UK)

The multi-currency business division of Wise PLC, a UK fintech company established in 2011 in London by Taavet Hinrikus and Kristo Käärmann, is called Wise Business.

Wise, which was first introduced as TransferWise to disrupt expensive international transfers, now provides multi-currency accounts that enable companies to hold, manage, and convert money in more than 40 currencies with low fees and transparent mid-market exchange rates.

Wise Business is a favorite among SMEs and independent contractors managing international transactions since it offers batch payments, API integration for automation, and accounting connectors like Xero and QuickBooks. Wise serves clients in more than 70 countries and operates under an electronic money license.

Wise Business (UK) – Features

Feature	Description
Multi‑Currency Wallet	Hold 40+ currencies in one account
Borderless Payments	Send/receive worldwide with low fees
Batch Payments	Pay multiple recipients at once
Mid‑Market FX	True exchange rates with transparent pricing
Accounting Integrations	Connect with Xero, QuickBooks

Wise Business (UK) Advantage & Disadvantage

Advantages:

• 40+ currencies held in single account
• No hidden fees
• Fast-speed cross-border payments
• Transparent mid-market foreign exchange rates
• Easy integrations with accounting software such as Xero & QuickBooks

Disadvantages

• No traditional banking services
• Limited lending options
• Customer support slow response times
• Limited access in some countries
• No overdraft options

2. Revolut Business

The business banking branch of Revolut, a UK-based fintech formed in London in 2015 by Nikolay Storonsky and Vlad Yatsenko, is called Revolut Business. It offers corporate cards, international transfers, sophisticated spend management capabilities, and multi-currency accounts that can hold and exchange more than 30 different currencies.

Plans differ in terms of features and limitations, ranging from free basic to advanced business tiers. Revolut combines mobile-first banking tools with APIs for automation and real-time analytics, expanding its presence across numerous nations. While continuing its global expansion, Revolut was granted a restricted UK banking license in 2024–2025.

Revolut Business – Features

Feature	Description
Multi‑Currency Accounts	Manage 30+ currencies
Corporate Cards	Physical & virtual cards for teams
Expense Management	Track and allocate spending
Real‑Time Analytics	Business insights & reporting
API Integration	Automate workflows & payouts

Revolut Business Advantage & Disadvantage

Advantages:

• 30+ currencies supported
• Offers international transfers instantly
• Analytics and budgeting tools for business
• Mobile banking options with apps
• Different banking services on varied subscriptions

Disadvantages:

• Services of a bank are limited
• No support on physical branches
• SuperFX fees incur on weekends
• Premium plan features are additional costs
• Delay in app features have been reported

3. Payoneer Global Account

Established in 2005 and with its headquarters located in New York City, Payoneer Global Inc. provides a business-focused multi-currency account for international receivables and payments. Businesses can use Payoneer’s platform to receive money in major currencies into local receiving accounts from marketplaces, customers, and platforms across the globe.

They can subsequently convert or withdraw the money at competitive prices. Additionally, users receive broad e-commerce platform connections, prepaid cards for overseas purchases, and assistance with accounting and tax filing. Payoneer is well-liked by freelancers, service providers, and online retailers who require flexible worldwide pay-in and pay-out options.

Payoneer Global Account – Features

Feature	Description
Global Receive	Local receiving accounts in major currencies
Multi‑Currency Balance	Hold & manage various currency funds
Prepaid Card	Spend globally via Payoneer card
Marketplace Integrations	Connect to Amazon, Upwork, etc.
Mass Payouts	Pay suppliers or contractors worldwide

Payoneer Global Account Advantage & Disadvantage

Advantages:

• Easy to collect payments from international customers
• Provides local receiving accounts in several currencies
• Works with platforms such as Amazon and Upwork
• Prepaid cards available for online and offline purchases
• Ability for businesses to make mass payouts

Disadvantages:

• Have to pay a fee to withdraw money
• Not as many banking services as full-service banks
• FX rates a bit more expensive than mid-market
• Customer service takes longer to respond
• Not very convenient for making local transfers regularly

4. N26 Business (EU)

Valentin Stalf and Maximilian Tayenthal established the Berlin-based neobank N26 Bank SE in 2013. Despite being primarily a digital bank focused on Europe, N26 provides a regular business account with a fully-licensed banking structure under German legislation for freelancers and self-employed clients in several EU nations.

With a debit Mastercard, fee-free SEPA transactions, user-friendly mobile features, and sub-accounts, the app-based account streamlines daily banking. However, N26 has less currency flexibility than other offshore neobanks on this list because it still prioritizes Euro accounts over broad multi-currency wallets.

N26 Business (EU) – Features

Feature	Description
Euro Banking	European IBAN and euro wallet
Debit Mastercard	Free business debit card
SEPA Transfers	Free or low‑fee European transfers
Sub‑Accounts	Spaces for budgeting & savings
Mobile‑First App	Fully app‑based banking

N26 Business (EU) Advantage & Disadvantage

Advantages:

• Fast onboarding for freelancers from the EU
• SEPA transfers with low or no cost
• Easy to use banking application with sub-account options
• Money back with specific purchases
• Registered and regulated with Germany’s banking laws

Disadvantages:

• Poor options for support in other currencies
• Services primarily for EU countries
• No corporate credit cards offered
• Does not support large businesses with international operations
• Premium accounts have more features than free accounts

5. Monese Business

Founded in 2015, Monese Ltd. is a London-based fintech that provides online current accounts for both personal and commercial use as an alternative to traditional banking. Monese Business offers multi-currency capabilities, such as GBP, EUR, and others, through easy-to-use mobile app banking that facilitates debit cards, foreign transfers, and simple account administration.

Freelancers and small enterprises throughout Europe can use it because of its quick digital onboarding process and lack of a UK address requirement. Despite having less multi-currency functionality than some larger offshore neobanks, Monese is still a good choice for companies doing business in the UK and EU.

Monese Business – Features

Feature	Description
Multi‑Currency Accounts	Supports GBP, EUR & other currencies
Quick Onboarding	Open account without UK address
Mobile Banking	Full account control via app
International Transfers	Affordable FX and global pay
Business Debit Card	Physical + virtual card support

Monese Business Advantage & Disadvantage

Advantage :

• Opening an account does not require a UK address.
• Quick onboarding with no paperwork.
• International payment support.
• Simple payment app.
• Fees are easy to understand.

Disadvantage :

• Currency selection is not as good as Wise or Revolut.
• No credit or overdraft options.
• Payments of large amounts not optimal.
• Customer service is lacking.
• Some services require a paid subscription.

6. Airwallex Global Account

Founded in 2015 in Melbourne, Australia, Airwallex is a multinational fintech company that creates financial infrastructure for contemporary enterprises.

Its headquarters are currently in Singapore. Its Global Account is a multi-currency business account that enables businesses to hold money in more than 20 currencies and accept local payments in major markets with local bank details.

With reasonable FX rates, corporate and employee cards, and integrations with essential business tools like accounting software and e-commerce platforms, Airwallex facilitates international transfers to more than 150 countries. The platform’s worldwide reach and API-first strategy make it perfect for SaaS, digital businesses, and cross-border e-commerce.

Airwallex Global Account – Features

Feature	Description
Multi‑Currency Wallet	Hold & transact in 20+ currencies
Local Bank Details	Receive funds locally in key markets
Low FX Fees	Competitive foreign exchange pricing
Corporate Cards	Issue cards for team spending
API‑First Platform	Powerful API for payment automation

Aspire Business Account Advantage & Disadvantage

Advantage :

• Ability to hold or transact with over 20 currencies.
• Own account details in major currencies.
• Competitive prices and low foreign exchange fees.
• Accounting and ERP integration.
• For automation, an API-centric structure.

Disadvantage :

• Limited support in person.
• Expensive premium features.
• Restricted in the US and Europe.
• Businesses only.
• Business verification is required.

7. Aspire Business Account

Andrea Baronchelli and Giovanni Casinelli created Aspire FT Pte. Ltd., a Singapore-based fintech, in 2018 to provide digital banking and financial operations tools to SMEs. Multi-currency management, corporate cards, cross-border payments, and spend and receivables solutions specifically designed for Asia-Pacific companies are all included in Aspire’s business account.

The platform helps businesses improve financial processes and lessen their need on traditional banks by emphasizing automated workflows and ease of use. In 2025, Aspire obtained a Capital Markets Services license from the Monetary Authority of Singapore, expanding its regulated products, and attracted significant rounds of finance to support its growth.

Aspire Business Account – Features

Feature	Description
Multi‑Currency Support	Manage multiple global currencies
Corporate Cards	Virtual & physical cards
Expense Tracking	Categorize & control spend
Cross‑Border Transfers	Fast international payments
MAS Regulation	Licensed under Singapore’s MAS

Aspire Business Account Advantage & Disadvantage

Advantage

• Startup & SME Focused for the APAC region
• Manage and report expenses with ease
• Quick transfers internationally
• Virtual and physical cards
• Singapore MAS regulated

Disadvantage

• Limited international coverage (non-APAC)
• Advanced features locked behind paid plans
• Inapplicable to very large businesses
• Personal banking services are non-existent
• No complex analytics in the app

8. Currenxie Global Account

Founded in 2014, Currenxie is a fintech company based in Hong Kong that offers the Global Account, a multi-currency business account intended for virtual banking, currency exchange, and international payments. It offers virtual local account numbers in more than 40 nations, allowing companies to manage several currencies on a single platform and receive and send money anywhere in the world.

With Visa business cards and API access, Currenxie is appealing to e-commerce sellers, SMEs, and cross-border operators because to its real-time FX at mid-market rates and transparent fees. The business facilitates compliant international operations by holding EMI and MSB licenses in several jurisdictions.

Currenxie Global Account – Features

Feature	Description
Multi‑Currency Wallet	Hold 40+ currencies
Virtual Local Accounts	Local bank details in many countries
Mid‑Market FX Rates	Transparent currency conversion
Global Payments	Send/receive internationally
Integrated Visa Cards	Spend in multiple currencies

Currenxie Global Account Advantage & Disadvantage

Advantages:

• Supports more than 40 currencies.
• Multi-currency virtual accounts in different countries.
• Withstanding FX rates.
• Global payments with API integration.
• Prepaid cards for making payments.

Disadvantages:

• Primarily designed for businesses, no individual accounts.
• Limited customer support.
• No available credit and lending services.
• Mandatory compliance verification.
• Some transactions are subject to card use fees.

9. Zen Business Account

Founded in London in 2018, ZEN.COM is a global fintech that provides multi-currency company accounts that can handle money in up to 28 different currencies. ZEN’s platform, which is intended for freelancers and digital enterprises, enables businesses to keep balances, take payments, and exchange currencies at competitive rates.

Business customers can simply keep an eye on their accounts, send money abroad, and pay contractors anywhere in the world with desktop and mobile access. ZEN’s cross-border capabilities are supported by its EMI licenses in Europe and its payment institution licenses in Singapore and the UK.

Zen Business Account – Features

Feature	Description
Multi‑Currency Wallet	Manage 28+ currency balances
International Transfers	Low‑cost global payments
Debit Card Support	Physical & virtual cards
Mobile + Web Access	Account access across devices
Regulated Service	Operates under EU/UK/Singapore licences

Zen Business Account Advantage & Disadvantage

Advantage :

• Supports 28 currencies
• International transfers are cheap
• Multiple regulated and secure jurisdictions
• Experience banking on mobile
• Good option for digital businesses and freelancers

Disadvantage :

• Do not serve large enterprises
• Country restrictions on features
• Do not offer extensive banking/lending services
• With card payments, the cost’ are high
• Account verification can be more complex

10. Oxygen Business

Oxygen is a fintech and digital banking company founded in the United States that provides contemporary business accounts for startups and small businesses. Its business accounts offer integrated expenditure monitoring, multi-currency compatibility, and subscription and invoice management tools.

Oxygen is perfect for founders and remote teams since it combines banking services with financial automation and analytics, all available through a mobile app.

Although deposits are protected where appropriate due to Oxygen’s regulatory framework as a fintech bank partner, its emphasis on integrated multi-currency business features makes it a compelling choice for companies with a global focus. (Note: region-specific founding/year and multi-currency facts may differ.)

Oxygen Business – Features

Feature	Description
Multi‑Currency Support	Handle global currencies
Expense Tracker	Built‑in spend tracking tools
Subscription Management	Manage recurring costs
Mobile‑First Platform	Full mobile banking experience
Business Analytics	Visual dashboards & insights

Oxygen Business Advantage & Disadvantage

Advantage :

• Great for remote teams and startups
• Supports cross-border payments
• Expense tracking and subscription management
• App offers real-time analytics
• Secure banking with their fintech partner

Disadvantage :

• Minimal access to physical branches
• Based in the US, and some services are region-locked
• Not the best for cross-border payments
• Limited integrations with third parties
• No option to provide corporate credit

Conclusion

Your company’s needs, geographic reach, and transaction volume will determine which offshore neobank with multi-currency capabilities is best for you. Revolut Business and Airwallex provide cutting-edge business solutions and real-time data, while Wise Business and Payoneer excel at international payments with cheap fees.

While Aspire, Currenxie, and Oxygen provide flexible multi-currency accounts for startups and international businesses, N26, Monese, and Zen concentrate on user-friendly mobile banking and European coverage.

Overall, compared to traditional banks, these neobanks offer quicker, less expensive, and more transparent banking options, enabling companies to expand internationally and effectively handle foreign cash.

FAQ