Wise Business
Domestic USD ACH receipt is free. The one-time $31 setup unlocks account details; the conversion uses the recorded Wise account-balance API estimate.
Receiving and converting $10,000: five business-account cost paths
A customer pays $10,000 by local USD bank transfer. The business keeps the money in the provider account and converts it to euros, without making an outbound supplier payment in this step.
Checked 23 August 2026 · Reviewed by Klaus Thorup
Receiving the money is part of the FX decision
A business can find an attractive conversion rate and still choose the wrong account if customer payments arrive through an expensive route. The cleanest path in this study is a local US bank transfer into USD account details, followed by a USD-to-EUR conversion inside the business account. There is no supplier payment yet: the company keeps the resulting euro balance.
That narrow workflow makes the receiving method unusually important. Wise publishes domestic USD ACH receipt as free, while incoming USD wires cost extra. Airwallex and OFX also distinguish local receipt from wire or SWIFT. If a customer sends the same $10,000 through the wrong rail, the receiving fee can erase part of the saving found in the conversion column.
The study also exposes an evidence problem that businesses should not ignore: some providers publish only part of the path. Payoneer’s balance-conversion price is visible, but the collection cost depends on how the customer or marketplace pays. OFX provides a public benchmark but requires a customer quote for the actual rate. Those rows are marked incomplete rather than treating the missing amount as zero.
Setup fee or monthly subscription?
Wise charges $31 once for US business account details. Revolut Business Grow charges $40 for every month the plan is active. The first month therefore favours Revolut in this exact example, while an established Wise account has the lower known cost when the business repeats only this one receipt and conversion.
Neither charge should automatically be assigned to this transaction in the company’s internal accounting. A subscription may support many payments, users and cards, while a setup charge benefits the account for years. We show both because a new business still has to pay them, then leave the reader to decide how much of that account-level cost belongs to this workflow.
Known cost components
“Incomplete” means a required collection or customer rate is not published. It does not mean the missing part is free.
| Business account | Receive | Convert | Monthly | Setup | Ongoing known cost | Completeness |
|---|---|---|---|---|---|---|
| Wise Business (opens in a new tab)US business account | $0.00 | $29.47 | $0.00 | $31.00 | $29.47 | Complete scenario |
| Revolut Business (opens in a new tab)Grow | $0.00 | $0.00 | $40.00 | $0.00 | $40.00 | Complete scenario |
| Airwallex (opens in a new tab)Explore | $0.00 | $50.00 | $0.00 | $0.00 | $50.00 | Complete scenario |
| Payoneer (opens in a new tab)Multi-currency balance | Varies | $50.00 | $0.00 | $0.00 | $50.00 + unknown | Incomplete public price |
| OFX Business (opens in a new tab)Standard | $0.00 | $75.00 | $0.00 | $0.00 | $75.00 + unknown | Incomplete public price |
How to read the provider rows
Revolut Business
Inbound USD is assumed to arrive by a free local method. The $10,000 conversion fits inside Grow's $20,000 market-hours allowance.
Airwallex
The study assumes a local USD receipt into a Global Account and applies the published 0.5% major-currency FX markup.
Payoneer
Moving between Payoneer currency balances is published at 0.5%. Marketplace or customer-payment collection costs vary and must be added.
OFX Business
ACH Direct Debit receipt is published as free. The $75 conversion cost is the site's 0.75% screen because OFX provides the customer rate after sign-in.
The practical choice for an SME
Start by asking customers which bank rail they can use. If they can pay local USD account details by ACH, compare the account’s conversion price and any fixed plan cost. If they must pay by card, through a marketplace or by international wire, obtain that collection price first; it may matter more than a small difference in FX.
Then consider what happens after conversion. A company that will pay EUR suppliers from the same balance should price that next transfer as well. A business that merely withdraws the EUR to its own bank needs to check whether the withdrawal is local, SWIFT or subject to an account fee. The cheapest “receive and convert” path is not necessarily the cheapest complete cash cycle.
Scenario boundary: The customer pays from a US bank using local USD details. Card acceptance, payment links, marketplaces, SWIFT receipts and the later transfer from the provider to the company’s bank are separate workflows and are not priced here.
How to use this research
Treat the result as a shortlist for the stated company country and workflow. Business onboarding, transaction purpose, monthly volume, transfer rail and negotiated pricing can change the final cost. Reproduce the complete path in the provider account before moving company funds.
The tables keep plan charges, one-time setup costs and payment fees separate from the currency price. That makes the result reusable without pretending every business product works in the same way.
Official price sources
These are the public provider pages used for the published terms in this article. Where a study uses an account quote or a clearly labelled example, that evidence is identified in the results table.
Corrections: Send a provider statement, account country and supporting price to [email protected]. We retain the original dataset and note material corrections.