Best Business Accounts for Germany in November 2024

Best Business Accounts in Germany (November 2024)

1. Revolut Business

    

   Features Table:

   Interest Rate	SEPA Payments	Currencies	Best For
   Up to 3.51% EUR	Free for most plans	Multi-currency with great exchange rates	Freelancers, SMEs, large corporations

    

   Monthly Fee: From €0 (Basic Plan) to custom pricing for the Enterprise Plan.

    

   Interest Rate: Up to 3.51% EUR (Enterprise Plan).

    

   SEPA Payment Price: Free for most plans, subject to limits. Additional charges may apply.

    

   Great For: Freelancers, SMEs, and large corporations that need multi-currency accounts and low-cost international transactions.

    

   But Be Aware That: Some users report occasional delays in customer support. Higher transfer limits only available on paid plans.

    

   Available In: Netherlands, European Economic Area (EEA), United Kingdom, Switzerland, Australia, Canada, Japan, Singapore, United States.

2. Airwallex Business

    

   Features Table:

   Interest Rate	SEPA Payments	Currencies	Best For
   No interest offered	Free for local payments	Multi-currency available	International businesses and global payments

    

   Monthly Fee: From €0 (Explore Plan) to €999/month for the Accelerate Plan.
    

   Interest Rate: Not available.
    

   SEPA Payment Price: Free for local transfers, additional charges for SWIFT payments.

    

   Great For: Businesses with international operations needing multi-currency accounts and competitive foreign exchange rates.

    

   But Be Aware That: Airwallex does not provide interest on account balances. May face challenges during the account approval process.

    

   Available In: Netherlands, Australia, United Kingdom, United States, and more.

3. Vivid Money Business

    

   Features Table:

   Interest Rate	SEPA Payments	Currencies	Best For
   Up to 3.5%	Free for limited transfers, additional fee for extra transfers	Multi-currency supported	Freelancers, SMEs, cashback enthusiasts

    

   Monthly Fee: From €0 (Free Start Plan) to €249/month (Enterprise+ Plan).
    

   Interest Rate: Up to 3.5% annual interest (available on specific plans or balances).
    

   SEPA Payment Price: Free for a limited number of transfers per month, additional charges of €0.20 per transaction.

    

   Great For: Freelancers and businesses seeking digital banking solutions with cashback on purchases.

    

   But Be Aware That: Higher cashback rates and increased transfer limits only available on premium plans.

    

   Available In: Germany, France, Spain, Italy.

4. Finom Business

    

   Features Table:

   Interest Rate	SEPA Payments	Currencies	Best For
   No interest offered	Free for limited transfers	Available for most EU countries	SMEs and large corporations

    

   Monthly Fee: From €0 (Solo Plan) to €249/month (Enterprise Plan).
    

   Interest Rate: Not offered.
    

   SEPA Payment Price: Free for a limited number of outgoing transfers per month; additional transfers incur a fee.

    

   Great For: SMEs and large corporations seeking integrated invoicing, expense management, and accounting software.

    

   But Be Aware That: No interest-bearing savings accounts available. Some advanced features are only available on premium plans.

    

   Available In: Netherlands, Belgium, France, Germany, and more.

5. Qonto Business

    

   Features Table:

   Interest Rate	SEPA Payments	Currencies	Best For
   No interest offered	Free for a set number of transfers	EUR-only	Startups, freelancers, SMEs

    

   Monthly Fee: From €9 (Basic Plan) to €249 (Enterprise Plan).
    

   Interest Rate: Not offered.
    

   SEPA Payment Price: Free for a set number of outgoing SEPA transfers, additional transfers at €0.40 each.

    

   Great For: Startups, freelancers, and SMEs needing a digital banking solution with multi-user access and expense management tools.

    

   But Be Aware That: Higher-tier plans required for some of the advanced features.

    

   Available In: Netherlands, France, Germany, Italy, Spain, Austria, and Portugal.

6. MultiPass Business Account

    

   Features Table:

   Interest Rate	SEPA Payments	Currencies	Best For
   No interest offered	Incoming SEPA payments at €2 each, outgoing from 0.10% of transaction amount (min. €10)	Multi-currency supporting 70+ currencies	International trade and global businesses

    

   Monthly Fee: From £100, with fees varying based on the selected plan and services.
    

   Interest Rate: MultiPass does not currently offer interest-bearing savings accounts.
    

   SEPA Payment Price: Incoming SEPA payments are charged at €2 per transaction; outgoing SEPA payments start from 0.10% of the transaction amount, with a minimum fee of €10.

    

   Great For: Businesses engaged in international trade seeking multi-currency accounts, competitive foreign exchange rates, and the ability to hold, receive, convert, and send over 70 currencies across 200 countries and regions using a single account.

    

   But Be Aware That: MultiPass requires a minimum balance equivalent to three monthly fees. Failure to meet this minimum balance incurs a monthly charge of €100. Additionally, there is an account opening fee starting from €500.

    

   Available In: Netherlands, United Kingdom, United States, Australia, Austria, Belgium, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Norway, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, and Sweden.

Conclusion

Choosing the right business account in Germany in November 2024 depends on your business needs. Whether you prioritize low fees, high interest rates, or advanced international payment solutions, there is an option available for every business type. Compare the plans carefully to find the one that best fits your goals.

This comparison is based on available information for November 2024. Prices and features may change over time, so always check with the provider for the most current details.