Multicurrency accounts / United States
A foreign-currency wire is not a foreign-currency balance.
Wise and Revolut document personal holding. Airwallex and Payoneer document business collection and balance workflows. Mercury documents international wires from USD deposits, not held foreign currencies. Compare the exact job—hold, receive, convert, spend or send—then identify the legal entity and protection model at that stage.
Direct answer
Match the currency job before the provider.
Wise has the broadest evidenced personal holding and receiving combination in this set. Revolut documents separate personal balances for 25 currencies inside its Lead Bank prepaid programme. Airwallex is the clearest business Global Account and wallet route, while Payoneer focuses on eligible marketplace, freelancer and client receipts. Mercury remains useful as a USD business bank context with international conversion, but it is not evidenced here as a foreign-currency holding account.
Read the US market guideBrowse the multicurrency directoryRead the Airwallex reviewClassification first
Holding, receiving, converting and sending are four separate capabilities.
A provider can support one without supporting the other three.
Held currency balance
A separate supported balance can remain in its currency until conversion, spending or transfer. It does not automatically include local bank details, interest, deposit insurance or every funding method.
Local receiving detail
A routing number, IBAN or other local detail can collect a specific currency through a named rail. It is not proof that the user owns a bank account at the displayed partner institution.
Transaction-time conversion
A card or wire can convert from an available balance at execution. That supports spending or sending, but it does not create a persistent foreign-currency balance before or after the transaction.
Bank or payment balance
Mercury uses partner-bank deposits; Revolut uses a prepaid-card bank programme; Wise, Airwallex and Payoneer are non-bank payment providers with distinct safeguarding or programme conditions.
Verified US multicurrency comparison
Change the job, not the evidence.
These controls only reorder approved market records. Legal entity, product class, protection wording, source date and confidence stay fixed.
Personal account: Prioritises documented personal currency holding before business-only and send-only products.
| Provider | Product type | Market status | Legal entity | Protection model | Evidence | Compare |
|---|---|---|---|---|---|---|
| WisePersonal or business holding, conversion and supported local receiving details. | us money transmitter personal and business multicurrency payment account | conditional holding conversion receiving card and transfer functions | Wise US Inc. | Ordinary Wise balances are kept separate under the cited money-transmitter model and are not FDIC insured; eligible opted-in USD interest funds can have conditional pass-through treatment.A held currency, receiving detail, card spend currency, interest balance and transfer corridor are distinct capabilities. | 6 source records | |
| RevolutPersonal separate-currency balances inside a Lead Bank prepaid-card programme. | us program manager with lead bank prepaid card and currency balances | conditional personal holding exchange card and program bank functions | Revolut Technologies Inc.; Lead Bank for cited prepaid-card banking services | Cited prepaid-card funds are transferred to Lead Bank or its networked insured institutions; coverage follows programme, ownership, records, aggregation and FDIC conditions.A currency balance does not prove local receiving details, a direct bank account in that currency or universal FDIC treatment. | 3 source records | |
| PayoneerMarketplace, client and business receipts that remain in supported Payoneer balances. | us licensed money transmitter business multicurrency payment platform | business and freelancer receiving balance conversion payment and withdrawal conditions | Payoneer Inc. | Payoneer operates under money-transmitter licences; receiving details and balances are not presented as customer bank deposits or universally FDIC insured.Eligibility, payer type, receiving detail, currency, balance use, conversion, withdrawal, card and fee remain conditional. | 6 source records | |
| AirwallexUS-registered businesses collecting and reusing supported foreign-currency revenue. | us money transmitter business global accounts and multicurrency wallet | business only with entity currency detail plan and programme conditions | Airwallex US, LLC; Evolve Bank & Trust for some cited US payment services | Airwallex is not a bank; eligible funds for some US customers are intended for conditional pass-through coverage through the cited Evolve omnibus programme.Business approval, currency coverage, local details, wallet use, partner bank, plan pricing and pass-through conditions can differ. | 6 source records | |
| MercuryUSD business banking with conditional international wire conversion, not currency holding. | us business partner bank usd deposit with non usd wire conversion | usd deposit and international payment functions without evidenced foreign currency holding | Choice Financial Group or Column N.A. for cited deposits; Mercury Technologies, Inc. as fintech | Eligible USD deposits can receive direct or sweep-program FDIC treatment under exact bank and programme conditions; converted wire value is not a foreign-currency deposit balance.International payment capability must not be relabelled as a multicurrency account, foreign local detail or held balance. | 6 source records |
Wise
us money transmitter personal and business multicurrency payment account- Market status
- conditional holding conversion receiving card and transfer functions
- Legal entity
- Wise US Inc.
- Product note
- Wise documents personal holding across 40 currencies and receiving details for a narrower set, plus separate US business features. Ordinary balances are not bank deposits; eligible opted-in USD interest funds use a separate conditional program-bank path.
- Protection model
- Ordinary Wise balances are kept separate under the cited money-transmitter model and are not FDIC insured; eligible opted-in USD interest funds can have conditional pass-through treatment.A held currency, receiving detail, card spend currency, interest balance and transfer corridor are distinct capabilities.
View legal and product sources
Revolut
us program manager with lead bank prepaid card and currency balances- Market status
- conditional personal holding exchange card and program bank functions
- Legal entity
- Revolut Technologies Inc.; Lead Bank for cited prepaid-card banking services
- Product note
- Revolut's US help page lists 25 currencies that can be opened, held and exchanged. Unsupported holding currencies can still be spent by card through transaction-time conversion, which is a different function.
- Protection model
- Cited prepaid-card funds are transferred to Lead Bank or its networked insured institutions; coverage follows programme, ownership, records, aggregation and FDIC conditions.A currency balance does not prove local receiving details, a direct bank account in that currency or universal FDIC treatment.
View legal and product sources
Payoneer
us licensed money transmitter business multicurrency payment platform- Market status
- business and freelancer receiving balance conversion payment and withdrawal conditions
- Legal entity
- Payoneer Inc.
- Product note
- Payoneer provides eligible businesses and freelancers with local receiving details, currency balances, conversion, payments, withdrawal and card functions. It explicitly says it is not a bank and does not provide traditional or virtual bank accounts.
- Protection model
- Payoneer operates under money-transmitter licences; receiving details and balances are not presented as customer bank deposits or universally FDIC insured.Eligibility, payer type, receiving detail, currency, balance use, conversion, withdrawal, card and fee remain conditional.
View legal and product sources
Airwallex
us money transmitter business global accounts and multicurrency wallet- Market status
- business only with entity currency detail plan and programme conditions
- Legal entity
- Airwallex US, LLC; Evolve Bank & Trust for some cited US payment services
- Product note
- Airwallex documents business Global Accounts with local collection details and a wallet that can hold, convert, spend or pay out supported currencies. A local detail is a collection route, not a customer-owned foreign bank deposit.
- Protection model
- Airwallex is not a bank; eligible funds for some US customers are intended for conditional pass-through coverage through the cited Evolve omnibus programme.Business approval, currency coverage, local details, wallet use, partner bank, plan pricing and pass-through conditions can differ.
View legal and product sources
Mercury
us business partner bank usd deposit with non usd wire conversion- Market status
- usd deposit and international payment functions without evidenced foreign currency holding
- Legal entity
- Choice Financial Group or Column N.A. for cited deposits; Mercury Technologies, Inc. as fintech
- Product note
- Mercury documents USD partner-bank checking and savings plus international wires. Supported non-USD wires use conversion; the current evidence does not establish separately held foreign-currency balances or local foreign receiving details.
- Protection model
- Eligible USD deposits can receive direct or sweep-program FDIC treatment under exact bank and programme conditions; converted wire value is not a foreign-currency deposit balance.International payment capability must not be relabelled as a multicurrency account, foreign local detail or held balance.
View legal and product sources
0 selected locally.No matching comparison is published
Protection boundary
FDIC coverage follows the deposit chain, not the currency count.
Mercury's cited checking and savings are USD deposits at Choice Financial Group or Column N.A., with a conditional sweep path for eligible funds. Revolut's cited prepaid-card funds are transferred to Lead Bank or networked insured institutions. In both cases, actual coverage depends on beneficial ownership, records, account category, aggregation with the customer's other deposits at the same bank, programme timing and the FDIC's determination. A fintech screen or advertised programme limit cannot replace those conditions.
Wise ordinary balances are not FDIC insured; only eligible USD funds opted into its interest feature can enter the cited programme-bank path. Airwallex says eligible funds for some US customers are intended for pass-through coverage through an Evolve omnibus programme, which is not a blanket statement for every customer or currency. Payoneer does not present its receiving details and balances as bank deposits. Foreign-currency support does not create USD 250,000 of insurance per currency, detail or wallet.
Direct bank deposit
Mercury's eligible USD deposit follows the exact partner bank and sweep agreement.
Prepaid programme
Revolut coverage follows Lead Bank programme records and aggregation conditions.
Optional programme
Wise ordinary balances differ from eligible opted-in USD interest funds.
Non-bank balance
Airwallex and Payoneer require their exact custody or programme evidence.
Capability matrix
The number of supported currencies is not the number of local accounts.
Every currency needs its own holding, receiving, adding, conversion, spending and payout check.
Wise personal and business
Wise's US personal page documents holding 40 currencies and receiving details for 20 currencies, while its holding page says supported balances can be held without a holding fee. Conversion still has a currency-specific fee. USD details use different ACH, domestic-wire and Swift instructions, and the correct routing number, account type, partner-bank detail and currency must match the rail. Business onboarding, Nevada and territory restrictions remain separate.
Revolut personal
Revolut lists 25 currencies that can be opened, held and exchanged. A currency outside that list can still be spent or withdrawn through transaction-time conversion, which must not be counted as a held balance. The current evidence does not assign local receiving details to every listed holding currency. Plan, exchange, card, funding, transfer and programme-bank terms remain distinct.
Airwallex and Payoneer business
Airwallex advertises local Global Accounts in more than 20 currencies and a central wallet for holding and reusing supported balances. Payoneer documents receiving details for a defined currency set and balance conversion or withdrawal after eligible business receipts. Neither provider gives the customer a traditional foreign bank account merely because local details appear in the dashboard.
Receiving-detail sequence
Use the detail for its exact currency, rail and payer type.
A receiving detail can be restricted to domestic payments, named Swift payments, marketplaces, business clients or specific payer categories. Copy the current beneficiary name, routing or branch code, account number, account type, currency and reference from the authenticated provider screen. Do not reuse a screenshot after the provider changes a partner bank or detail, and do not send another currency merely because the account number format looks valid.
Before sharing details, confirm the customer's residence or business entity, verification, supported activity and ownership information. After the payer sends, preserve the payment reference and wait for the stated rail status. A pending intermediary or compliance review is not a request to resend. If a payment is rejected or returned, reconcile the original instruction and fees before attempting a corrected route.
- 01Select the exact balance and open its current receiving-detail screen.
- 02Match currency, domestic or Swift rail, beneficiary and payer eligibility.
- 03Copy every routing, account, branch and reference field without substitution.
- 04Review receiving, correspondent, conversion and return-fee disclosures.
- 05Track one instruction; do not duplicate a pending or reviewed payment.
Loading, stale, error and intermediary states
A pending correspondent bank is not an available wallet balance.
Preserve the transaction stage before choosing the next action.
Currency unavailable
If a currency or local detail is missing, treat it as unavailable for that customer. Check residence, personal versus business account, verification and live coverage. Do not infer support from a global currency list, a card network, another market or a prior screenshot.
Detail changed or stale
Partner banks, routing numbers and account details can change. Use the authenticated current detail for each payment. If a payer used an old detail, preserve the original instruction and wait for the provider's return or migration guidance rather than redirecting funds informally.
Intermediary fee or hold
Swift and international wires can involve correspondent or recipient banks that deduct fees, request information or delay credit. A provider's own displayed fee is not the guaranteed total deduction. Record sender, intermediary, recipient and conversion charges separately.
Wrong currency received
A USD detail may accept only USD even when the account holds other currencies. The payment can be rejected, returned or converted under separate rules. Do not assume the provider will open a balance automatically or that the original amount will return without bank charges.
Card conversion surprise
If the transaction currency is not held, a card can select another balance and convert at authorisation or settlement. Tips, offline transactions, reversals and delayed presentment can change the final amount. Check spending order and live balance rather than treating card acceptance as currency holding.
Account restricted or closed
A provider can restrict receiving, conversion, cards, transfers or withdrawals independently during verification, sanctions, fraud or terms review. Follow the exact notice and complaint channel. Do not conceal the business activity, payer or payment purpose to evade a restriction.
Decision walkthroughs
Six US multicurrency jobs produce different answers.
These scenarios classify product evidence; they are not tax, legal, treasury or investment advice.
Personal travel balances
Wise and Revolut both document personal holding, but compare supported balance currencies, adding methods, conversion fees, card spending order and protection. A large currency count is not a reason to pre-convert, and neither provider becomes a bank account in every held currency.
Freelancer receiving client payments
Wise or Payoneer may fit when the payer, activity, currency and receiving detail are eligible. Confirm whether personal or business use is required, what payer types are allowed, the exact local or Swift rail and how funds can be held, converted, spent or withdrawn afterward.
US business collecting global revenue
Airwallex has the clearest business Global Account and wallet chain in this set. Verify US entity onboarding, beneficial owners, each local detail, supported receipt sources, wallet currency, plan and protection. A collection detail is not a branch account owned directly by the business.
Marketplace seller
Payoneer documents marketplace and business receiving workflows, but availability remains account-specific. Use only the receiving detail approved for that platform and currency. Confirm pricing, conversion, balance payment, withdrawal and card eligibility before routing recurring revenue.
USD business account sending EUR
Mercury can convert a supported non-USD international wire from the USD account. That can be appropriate when holding EUR is unnecessary. The one-percent cited conversion fee, recipient details, intermediary deductions, compliance review and arrival remain separate from domestic USD banking.
Keeping operating cash protected
Start with the legal holder and programme rather than currency features. Compare Mercury partner-bank deposits, Revolut's Lead Bank programme, Wise's ordinary versus opted-in USD treatment, Airwallex's customer-specific Evolve path and Payoneer's non-bank balance. Monitor same-bank aggregation outside the app.
Approved evidence
Every currency claim keeps its capability and observation date.
Holding, details, rails, fees, partners and protection require launch-time and material-change reverification.
Wise US multicurrency evidence
Wise is displayed as us money transmitter personal and business multicurrency payment account.
- Wise's United States page says eligible personal customers can hold 40 currencies and receive with account details for 20 currencies, subject to the current product flow.
- The linked card can spend in additional currencies through conversion, which must not be presented as every spend currency being a held balance or local receiving detail.
- Wise is not a bank; ordinary balances and the optional USD interest programme retain different safeguarding and conditional pass-through-insurance treatment.
- The observed United States pricing page says holding more than 40 supported currencies is free.
- Conversion uses the displayed exchange rate plus a currency- and transaction-specific fee, so free holding does not mean free conversion, receiving, sending or card use.
- Supported currencies, account details, adding methods, limits and optional interest remain separate product conditions.
- Wise US Inc. keeps customer funds separate in a mix of cash at commercial banks and secure liquid assets.
- Wise is not a bank and ordinary balances without the interest feature are not FDIC insured.
- Eligible USD funds opted into the interest feature may receive up to USD 250,000 in pass-through insurance through the current Program Bank, subject to aggregation and programme rules.
- Eligible USD account details can receive US-origin ACH and domestic wire payments or qualifying outside-US Swift payments, but only USD can be credited to these details.
- Wise lists no receiving fee for ordinary US ACH and USD 6.11 for domestic wire or Swift receipt, while sender, correspondent and other method fees remain separate.
- The account-holder name, correct ACH or wire routing number, account number, account type and displayed partner-bank details must match the chosen rail; wrong details or currency can trigger rejection and return.
- Wise Business supports international payments, multi-currency receiving details, cards and team controls for eligible US businesses.
- The page lists a one-time USD 31 fee to unlock business account details.
- Wise is not an FDIC-insured bank; only eligible USD funds opted into the interest feature can receive conditional pass-through coverage through a Program Bank.
- Wise requests business registration, tax, physical trading address, activity, controller and 25-percent-or-more owner details.
- The page states that businesses from Nevada and specified US territories cannot be onboarded due to licensing limitations.
- Verification requirements can vary by entity and do not guarantee approval.
Revolut US multicurrency evidence
Revolut is displayed as us program manager with lead bank prepaid card and currency balances.
- Version dated 28 April 2026.
- Agreement is with Revolut Technologies Inc.
- Banking services and cards are provided/issued by Lead Bank under the stated programme.
- Account is associated with a prepaid card.
- Revolut's current US help page lists 25 currencies that can be opened, held and exchanged in separate currency balances.
- Unsupported holding currencies can still be used for card payments or withdrawals through transaction-time conversion, which is not a held balance or local receiving detail.
- The page identifies Revolut Technologies Inc. as programme manager and Lead Bank as the prepaid-card banking-services provider; exact FDIC treatment follows the cited programme terms.
- Pass-through insurance can apply when a third party places customer funds at an FDIC-insured bank and all ownership, disclosure and recordkeeping requirements are satisfied.
- Pass-through is not a separate ownership category and does not create duplicate coverage at the same bank.
- If the requirements fail, coverage can be limited to the named account holder rather than each underlying customer.
Airwallex US multicurrency evidence
Airwallex is displayed as us money transmitter business global accounts and multicurrency wallet.
- Airwallex describes business-only Global Accounts with local details in more than 20 currencies and receiving coverage across more than 70 countries, subject to eligibility and live coverage.
- Received funds can be held in the Airwallex wallet, converted, spent or paid out; a local account detail is a collection route rather than proof of a separate bank deposit in every market.
- Airwallex US, LLC remains a money transmitter, while eligible pass-through treatment for some US customer funds depends on the exact Evolve programme and legal conditions.
- The dedicated pricing page lists Explore at USD 0 per user per month, Grow at USD 12 per user per month plus a team-size platform fee, and Accelerate as custom pricing.
- FX, SWIFT, payment-processing and other transaction fees remain separate.
- The Grow presentation conflicts with the business-account FAQ, so NeobankDB does not present one uncontested Grow total.
- US-company onboarding can require tax ID evidence, formation documents, business evidence and beneficial-owner or controller identity information.
- Sole proprietors and higher-risk business models have separate documentation requirements.
- Documentation requirements establish an application path, not guaranteed approval.
- Airwallex US, LLC identifies itself as licensed or authorised as a money transmitter in listed states.
- Some US customers use Evolve Bank & Trust for payment services, while the Borderless Card is issued by Community Federal Savings Bank.
- Partner-bank membership must not be rewritten as Airwallex itself being an FDIC-insured bank.
- Evolve Bank & Trust, Member FDIC, provides payment services to certain US-based Airwallex customers.
- Airwallex says eligible customer funds at Evolve are held in an omnibus account for customers' benefit and are intended to remain eligible for pass-through insurance to the extent permitted by law.
- Airwallex itself is not a bank; customer eligibility, placement, ownership records, aggregation and FDIC requirements must not be replaced by a blanket insured-balance claim.
- Airwallex describes virtual company and employee cards plus eligible physical employee cards, with card, category and time-period controls.
- The page states that cards draw from the multi-currency balance and lists no foreign transaction fee when spending an available currency balance; conversion can still apply when the currency is not held.
- Card availability, issuer, controls, rewards and limits remain customer- and programme-specific.
Payoneer US multicurrency evidence
Payoneer is displayed as us licensed money transmitter business multicurrency payment platform.
- Payoneer states that it is not a bank and does not provide traditional or virtual business bank accounts.
- Receiving-account details must not be presented as bank accounts or deposit products.
- The page describes one Payoneer Account with receiving details for USD, GBP, EUR, AUD, CAD, SGD, HKD, AED, MXN and JPY workflows.
- It identifies United States USD receiving by ACH and states that availability remains subject to terms and eligibility.
- The page lists USD local-bank-transfer receiving as free for customers in the United States while other customers can pay up to one percent.
- Payoneer publishes business, marketplace and freelancer cross-border pricing, including US-specific payment-method examples.
- The schedule says availability and exact pricing vary by jurisdiction, eligibility, account type, method and corridor.
- The page does not by itself resolve the exact contracting entity and full availability for a US-registered business account.
- The disclosure identifies Payoneer Inc., NMLS ID 1041524, and lists its current United States money-transmitter licences.
- A money-transmitter licence supports payment services but does not make Payoneer Inc. a bank or turn customer balances into bank deposits.
- Eligible customers can pay another Payoneer account or a recipient bank account and can create batch payments of up to 1,000 transactions.
- Fees depend on recipient location, currency, region and transaction volume; exact in-account pricing controls over marketing examples.
- The payment service is for business expenses, suppliers, employees and tax authorities, not unrestricted consumer person-to-person use.
- Payoneer describes withdrawals to verified personal or company bank accounts with country, currency and identity checks.
- Bank transfers are described across supported countries, but speed, conversion and limits remain account- and corridor-specific.
- India remains a separate flow in which received funds are automatically withdrawn to the local bank account under current guidance.
Mercury US multicurrency evidence
Mercury is displayed as us business partner bank usd deposit with non usd wire conversion.
- Mercury identifies Mercury Technologies, Inc. as a fintech company rather than an FDIC-insured bank.
- Business banking services are provided through Choice Financial Group and Column N.A., both Members FDIC; the exact provider account and agreement remain customer-specific.
- Mercury Treasury and Mercury Invest are separate Mercury Advisory, LLC investment-advisory products and are not bank deposits.
- Mercury lists ACH, domestic and international wires, checks, bill pay, invoicing and accounting connections for eligible business accounts.
- The current page lists USD 0 for ACH, domestic wires, mailed checks and USD international wires, while supported non-USD international wires use a stated one-percent currency conversion fee.
- Displayed timing ranges remain provider-stated estimates; recipient, rail, currency, intermediary, premium-processing, limit, compliance and third-party conditions can change cost or arrival.
- Mercury states that it is a fintech company rather than an FDIC-insured bank and identifies Choice Financial Group and Column N.A. as banking providers.
- Mercury debit cards are issued by Choice or Column, while the IO charge card is issued by Patriot Bank, N.A.; these card roles do not reclassify Mercury.
- Non-USD international wires have a stated one-percent currency-exchange fee and non-USD debit or IO card transactions can have a currency-exchange fee up to three percent.
- Eligible funds can be placed from a core bank into deposit accounts at programme banks on the customer-specific bank list.
- Coverage depends on beneficial ownership, account titling, records, programme limits, same-bank deposits held elsewhere and the FDIC determination at bank failure.
- A multi-bank sweep can expand potential coverage but does not create USD 5 million of insurance at one bank or protect balances above applicable programme and bank limits.
- FDIC insurance covers eligible deposits up to USD 250,000 per depositor, per FDIC-insured bank, per ownership category.
- Corporation, partnership and unincorporated-association accounts are a distinct ownership category.
- Balances at the same insured bank in the same ownership category are aggregated.
- Pass-through insurance can apply when a third party places customer funds at an FDIC-insured bank and all ownership, disclosure and recordkeeping requirements are satisfied.
- Pass-through is not a separate ownership category and does not create duplicate coverage at the same bank.
- If the requirements fail, coverage can be limited to the named account holder rather than each underlying customer.
United States deposit and pass-through evidence
- FDIC insurance covers eligible deposits up to USD 250,000 per depositor, per FDIC-insured bank, per ownership category.
- Corporation, partnership and unincorporated-association accounts are a distinct ownership category.
- Balances at the same insured bank in the same ownership category are aggregated.
- Pass-through insurance can apply when a third party places customer funds at an FDIC-insured bank and all ownership, disclosure and recordkeeping requirements are satisfied.
- Pass-through is not a separate ownership category and does not create duplicate coverage at the same bank.
- If the requirements fail, coverage can be limited to the named account holder rather than each underlying customer.
Unavailable or deliberately not inferred
- A universal best multicurrency account, numerical ranking or permanent currency count.
- A local receiving detail, bank deposit or FDIC limit inferred from a held or spendable currency.
- A Mercury foreign-currency balance inferred from its supported non-USD wire conversion.
- FDIC coverage per currency, per fintech screen or above exact direct and pass-through conditions.
- Guaranteed total cost, exchange rate, arrival time, correspondent deduction or return outcome.
- Customer-specific tax, accounting, hedging, treasury or currency-conversion advice.