The 8 Best International Banks for Business Reviewed for 2024

Chase: Best overall bank for international business

Our rating: 4.30 out of 5

Image: Chase

Chase is our top pick since it’s an established traditional bank providing a wide range of business banking products and services, such as business savings, certificates of deposit, financing solutions, credit cards, and merchant services. It offers nationwide branch banking and efficient built-in payment solutions and is in our top three list of financial providers in our best banks for QuickBooks integration.

Why I chose it

Chase lets you send international wires in over 40 currencies to more than 90 countries. See the latest JP Morgan’s Global Payments Guide. Opening a Chase business account is recommended since outbound FX wires can be sent at no charge if the wire is under $5,000 or $5 to $30 for wires over $5,000  when sent through online or mobile banking. There is a fee of $50 when an international wire is sent from a branch.

These fees are affordable, making it one of the best business banks for international wire transfers. You can select among three business checking options, including a premier account. Chase Platinum Checking provides waivable monthly fees, dedicated concierge support, more fraud protection services, and free ATM usage at all Chase ATMs.

Monthly fees

Chase Business Complete Banking®: $15; waivable by having any of these:

$2,000 daily ending balance during the statement period
$2,000 Chase Ink Business Cards spend
$2,000 in deposits from Chase QuickAccept or other eligible Chase Payment Solutions transactions
Chase Private Client Checking account
Qualifying proof of military status

Chase Performance Business Checking®: $30; waivable by meeting an average beginning day balance of $35,000 or greater combined in qualifying business deposit accounts.
Chase Platinum Business Checking®: $95; waivable by meeting an average beginning day balance of $100,000 or greater combined across qualifying business deposit and investment accounts. With a linked Private Client Checking account, the required average beginning day balance is $50,000.

Bluevine: Best for high APY and reduced fees from higher-tier accounts

Our rating: 4.20 out of 5

Image: Bluevine

Bluevine is a solid fintech company with three business checking options, a credit card with unlimited cash back, and an outstanding line of credit. On top of that, it offers fast international business payments with a turnaround of 24 hours. Customers can send payments in 15 currencies to 32 countries, except for businesses based in Nevada or those categorized under finance, insurance, or mining. Bluevine pricing is transparent for overseas payments. You will be charged $25 for each USD payment, while a fee of $25, plus 1.5% of the payment in USD conversion, will be charged for FX transactions.

Why I chose it

Bluevine’s competitive interest rates easily set it apart from other financial providers. With an entry-level Bluevine Standard account, you can get 1.5% APY on balances up to $250,000 by either spending a minimum of $500 using your Bluevine debit or credit card or receiving $2,500 in monthly payments in your checking account. Once you meet higher balances, you can switch to premium accounts with more benefits, which include higher APY (2.70% to 3.70%) and lower fees (up to 50% off) for outgoing international USD and FX wire transfers.

Monthly fees

Bluevine Standard: $0
Bluevine Plus: $30; waivable by having:

An average daily balance of $20,000 across your Bluevine checking account, including subaccounts
A spend of $2,000 monthly using your Bluevine debit card or credit card.

Bluevine Premier: $95; waivable by meeting:

An average daily balance of $100,000 across your Bluevine checking account, including subaccounts
A spend of $5,000 monthly using your Bluevine debit card or credit card

Grasshopper: Best for sending and receiving international wires through online banking

Our rating: 4.15 out of 5

Image: Grasshopper

Grasshopper is a forward-thinking digital bank designed to support international business from the ground up. With a focus on technology-driven solutions, streamlined user experience, and quick access to capital, it’s a strong choice for startups and entrepreneurs. Though based in the U.S., its infrastructure and partnerships make it well-equipped for handling global transactions with ease.

Why I chose it

Grasshopper offers a strong suite of international services, like $5 incoming international wires and $25 outgoing, that make it especially attractive for small businesses with global operations. It supports low-cost international wire transfers with competitive FX rates, often beating traditional banks on both speed and transparency. The platform allows users to send and receive payments in multiple currencies and integrates seamlessly with tools like Wise and Narmi for efficient cross-border transactions.

Grasshopper’s real-time FX quotes and clear breakdown of transfer fees eliminate the guesswork often associated with international banking. Additionally, its digital-first interface ensures that businesses can manage global payments without the delays or paperwork typical of legacy banks.

Monthly fees

Innovator Checking: No monthly maintenance fee
Accelerator Checking: No monthly maintenance fee

Novo: Best for transparent exchange fees and speedy fund access

Our rating: 4.11 out of 5

Image: Novo

The fintech Novo partners with Wise for global payments, allowing its customers to pay low fees when making cross-border payments in 50 currencies across 80-plus countries. To process your international transactions, you can open a fee-free Novo business checking account and save on monthly fees, as well as get an ATM fee refund of up to $7 monthly when you use your debit card locally or internationally. In addition, using Novo lets you accept Stripe payouts quickly and save on transaction fees.

Why I chose it

Novo is among the best banks for international business since it integrates with Wise, allowing you to save when sending international payments. Wise provides a solid mid-market exchange rate that follows the market closely during trading hours. Compared to other financial providers, the conversion fees can be lower and the rates higher, which is beneficial for users.

On top of this, Novo offers speedy access to funds through Novo Boost. You can receive Stripe payments from your customers in as fast as a few hours and save as much as $150 because your first $5,000 in Stripe revenue is free.

Novo business checking accounts provide unlimited monthly transactions. If you need to deposit cash, you will need to convert it to a money order in your local area, then deposit the money order in your account.

Monthly fee

Novo Business Checking: $0

Relay: Best for multi-member teams needing more accounts and debit cards

Our rating: 4.05 out of 5

Image: Relay

Relay is a digital-only provider that lets you save fees when sending international payments through your business checking account. With over 160 countries for sending international wire transfers and 31 currencies available in Relay, you can easily send payments to global vendors. Relay updates exchange rates every minute based on the foreign exchange market and applies a 1% exchange rate fee for currency conversion.

You will pay $5 for outbound international wire transfers, but this fee is waived when you upgrade to Relay Pro. However, additional fees may be charged by recipient banks or partners. Relay does not set a cutoff period when sending overseas wire payments and sends out wires in two or three business days. You can expect the wired funds to appear in the beneficiary’s bank account in five to seven business days. However, this could vary depending on the intermediary banks involved.

Why I chose it

To send international payments, Relay requires you to open a business checking account, and this is largely fee-free with no monthly fees, balance minimums, or initial opening requirements. You can open up to 20 reserve accounts and issue up to 50 debit cards for multi-member teams, making it easy to monitor your team expenses in detail. You can also manage account access for different team members based internationally to streamline your financial tasks.

Cash can be deposited and withdrawn for free at Allpoint ATMs, while a deposit fee of up to $4.95 applies at Green Dot retail locations.

Monthly fees

Relay Business Checking: $0
Relay Pro: $30; not waivable

Airwallex: Best for fast transfers and conversion fee savings

Our rating: 4.00 out of 5

Image: Airwallex

Airwallex is a fintech platform offering a business account for international payments. Its Global Account product accommodates instant or same-day international transfers and integrates with popular accounting software Xero and QuickBooks, among others. You can make cross-border transfers to over 170 countries and 60 currencies. You can open currency accounts with unique local details in 20 different currencies — including USD, GBP, EUR, AUD, CNY, HKD, and CAD — and conveniently manage them all within your digital wallet.  See Airwallex’ supported regions and currencies.

Why I chose it

Airwallex is on our list of the best international banks for business for its cost-effective product. You can open a business Global Account for free online with no monthly or initial opening fees. If you seek to expand your business into new international markets, you can easily transfer your USD funds into other local currency accounts to save on conversion fees when paying your overseas business partners and staff.

Monthly fee

Revolut: Best for multi-currency accounts and plan options

Our rating: 3.92 out of 5

Image: Revolut

The fintech Revolut offers multi-currency accounts so you can send and receive payments in currencies different from where your business is based. You can hold and exchange 36 currencies across 160 countries. There are four company business accounts available to choose from. Transfers between Revolut accounts are free and instant. ATM withdrawals and cash deposits are allowed, but fees may apply.

Why I chose it

Revolut offers seamless international money transfers with low fees and real-time exchange rates, making it ideal for global travelers and remote workers. Its user-friendly mobile app provides advanced budgeting tools, multi-currency accounts, and instant spending notifications for full financial control. With innovative features like disposable virtual cards and robust security, Revolut stands out as a modern and secure banking solution for international users.

Monthly fees

Basic: $0
Grow: $30
Scale: $119
Enterprise: Custom

Wise: Best for cost-effective international payments

Our rating: 3.87 out of 5

Image: Wise

Wise is a trusted international banking alternative known for its transparent fees and mid-market exchange rates. It allows users to hold and manage money in multiple currencies, making cross-border transactions simple and cost-effective. With a strong focus on speed, security, and affordability, Wise is a smart choice for individuals and businesses managing global finances.

Why I chose it

I chose Wise because it goes beyond just low-cost transfers—it also offers the flexibility to hold, convert, and spend in over 23 currencies from one account. The Wise debit card is perfect for travel, automatically converting currencies at the best rate with no surprise fees. I also appreciate the detailed transaction tracking, fast transfer speeds, and strong security features that make managing international finances stress-free.

Monthly fees