Best banks for freelancers in 🇨🇭 Switzerland
12 banks compared · Real fee data · Independent reviews · 100% Swiss-based
Wise
Monthly Fee
Free
Card Fee
CHF 7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for CHF↔EUR/USD/GBP
- Local bank details in 10+ countries
- Transparent fee calculator
- Multi-currency debit card
Cons
- No Swiss IBAN
- No AHV/BVG integration
- Not a Swiss bank (no FINMA deposit guarantee)
- Limited cash deposits
Neon
Monthly Fee
Free
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Swiss IBAN (Hypothekarbank Lenzburg)
- Completely free — no monthly or card fees
- Clean, modern Swiss-made app
- FINMA-guaranteed deposits up to CHF 100,000
Cons
- CHF only (no multi-currency)
- Limited ATM withdrawals on free plan
- No business account option
- No invoicing or tax tools
Revolut
Monthly Fee
Free – CHF 13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to CHF 1,250/mo
Pros
- Multi-currency accounts (CHF, EUR, USD, GBP)
- All-in-one app with crypto and stocks
- Swiss-registered entity
- Good for cross-border spending
Cons
- Lithuanian IBAN (not Swiss)
- Weekend FX markup of 1-2%
- Not FINMA regulated (EU banking license)
- Free plan limits on FX
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N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Full EU bank licence (BaFin regulated)
- Accepted for SEPA in Switzerland
- Spaces (sub-accounts) for tax reserves
- Insurance bundles on premium plans
Cons
- EUR only (no CHF)
- German IBAN — not Swiss IBAN
- Not FINMA regulated
- Limited local support for Swiss-specific needs
Yuh
Monthly Fee
Free
Card Fee
Free (Mastercard)
Currencies
3+
International Transfers
Standard SEPA + SWIFT
Pros
- Swiss IBAN (Swissquote + PostFinance joint venture)
- Free account and card
- Trading built in (stocks, crypto, ETFs)
- CHF, EUR, and USD accounts
Cons
- Only 3 currencies (CHF, EUR, USD)
- FX rates not as competitive as Wise
- No dedicated business account
- Newer platform (launched 2021)
Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Transparent fee calculator
- EUR IBAN included
Cons
- No German tax integration
- No credit or overdraft
- Limited cash deposits
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Full German bank (BaFin regulated)
- German IBAN
- Spaces (sub-accounts) for tax savings
- Insurance bundles on premium plans
Cons
- EUR only (no multi-currency)
- International transfers via Wise integration
- Customer support can be slow
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Multi-currency accounts
- Budgeting and analytics
- Virtual disposable cards
Cons
- Lithuanian IBAN (not German)
- Weekend FX markup
- Free plan limitations
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Kontist
Monthly Fee
€9 – €12/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Built specifically for German freelancers
- Automatic tax calculation (VAT + income tax)
- Tax savings sub-account
- Direct integration with tax advisors
Cons
- EUR only
- Not free (starts at €9/mo)
- Fewer features than general neobanks
- Limited international transfers
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Holvi
Monthly Fee
€9 – €15/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Built for self-employed in Europe
- Invoicing tool built in
- Receipt scanning
- Business expense management
Cons
- EUR only
- Higher monthly fees than competitors
- Limited banking features
- Slow customer support
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Transparent fee calculator
- French IBAN available
Cons
- No French tax integration
- No credit or overdraft
- Limited cash deposits
Qonto
Monthly Fee
€9 – €249/mo
Card Fee
Included
Currencies
4+
International Transfers
SEPA + international
Pros
- French fintech built for freelancers and SMEs
- French IBAN (FR)
- Invoicing and receipt scanning
- Direct integration with French accounting software
Cons
- No free plan
- Limited multi-currency capabilities
- Higher tiers needed for team features
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Shine
Monthly Fee
€7.90 – €14.90/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Built specifically for French freelancers
- Automatic URSSAF contribution calculator
- Invoicing with automatic reminders
- French IBAN with Societe Generale backing
Cons
- EUR only (no multi-currency)
- Not free
- Fewer features than Qonto for growing businesses
- Limited international payments
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N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan available
- Accepted in France with German IBAN
- Spaces (sub-accounts) for tax savings
- Insurance bundles on premium plans
Cons
- German IBAN (not French)
- EUR only
- No French tax integration
- Limited business features
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Multi-currency accounts
- Budgeting and analytics
- Virtual disposable cards
Cons
- Lithuanian IBAN (not French)
- Weekend FX markup
- Some French institutions may reject non-FR IBANs
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Transparent fee calculator
- Spanish IBAN available
Cons
- No Spanish tax integration
- No credit or overdraft
- Limited cash deposits
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Multi-currency accounts
- Budgeting and analytics
- Spanish IBAN now available
Cons
- Weekend FX markup
- Free plan has limitations
- Limited integration with Spanish accounting tools
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N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan available
- Clean, modern app
- Spaces (sub-accounts) for tax savings
- Insurance bundles on premium plans
Cons
- German IBAN (not Spanish)
- EUR only (no multi-currency)
- No Spanish tax integration
Qonto
Monthly Fee
€9 – €249/mo
Card Fee
Included
Currencies
4+
International Transfers
SEPA + international
Pros
- Spanish IBAN available
- Built for freelancers and small businesses
- Invoicing and receipt scanning
- Integration with Spanish accounting tools
Cons
- No free plan
- Newer in Spain (less established)
- Limited multi-currency features
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Holvi
Monthly Fee
€9 – €15/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Built for self-employed in Europe
- Invoicing tool built in
- Receipt scanning
- Business expense management
Cons
- EUR only
- Finnish IBAN
- Higher monthly fees than competitors
- Limited Spanish-language support
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Transparent fee calculator
- EUR IBAN included
Cons
- No Dutch tax integration
- No credit or overdraft
- Limited cash deposits
Bunq
Monthly Fee
€2.99 – €17.99/mo
Card Fee
Included
Currencies
16+
International Transfers
Via Wise integration
Pros
- Dutch bank with Dutch IBAN (DNB regulated)
- Up to 25 sub-accounts with own IBANs
- Built-in invoicing on business plans
- Real-time budgeting and categorization
Cons
- No free plan available
- Premium features locked behind higher tiers
- Less competitive FX rates than Wise
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan available
- Clean, fast mobile app
- Spaces (sub-accounts) for tax savings
- Insurance bundles on premium plans
Cons
- German IBAN (not Dutch)
- EUR only (no multi-currency)
- Some Dutch institutions prefer NL IBANs
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Multi-currency accounts
- Budgeting and analytics
- Virtual disposable cards
Cons
- Lithuanian IBAN (not Dutch)
- Weekend FX markup
- Free plan has limitations
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Knab
Monthly Fee
€9.50/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Dutch bank (DNB regulated, backed by AEGON)
- Dutch IBAN
- Built-in bookkeeping and invoicing
- Integration with Dutch accounting software
Cons
- No free plan
- EUR only
- Less modern app than neobanks
- Higher monthly cost
Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Transparent fee calculator
- Austrian IBAN available (AT prefix)
Cons
- No Austrian tax integration
- No credit or overdraft
- Limited cash deposits
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan available
- Clean, modern mobile app
- Spaces (sub-accounts) for tax savings
- German-language support and interface
Cons
- German IBAN (DE prefix, not Austrian AT)
- EUR only (no multi-currency)
- No Austrian tax integration
- Some Austrian institutions prefer AT IBANs
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Multi-currency accounts
- Budgeting and analytics
- Virtual disposable cards
Cons
- Lithuanian IBAN (not Austrian)
- Weekend FX markup
- Some Austrian institutions may reject non-AT IBANs
- Free plan has limitations
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Erste Bank
Monthly Fee
€6.90 – €14.90/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA + SWIFT
Pros
- Austrian IBAN (AT prefix)
- Largest branch network in Austria
- George app — excellent digital banking
- Accepted by all Austrian institutions and Finanzamt
Cons
- EUR only
- Higher fees than neobanks
- International transfers expensive
- No freelancer-specific tax features
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Holvi
Monthly Fee
€9 – €15/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SEPA
Pros
- Built for self-employed in Europe
- Invoicing tool built in
- Receipt scanning
- Business expense management
Cons
- EUR only
- Finnish IBAN (not Austrian)
- Higher monthly fees than competitors
- Limited Austrian-language support
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Best exchange rates for international payments
- Local bank details in 10+ countries
- Perfect for digital nomads receiving USD/GBP
- EUR IBAN included
Cons
- No Portuguese tax integration
- No credit or overdraft
- Limited cash deposit options
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- All-in-one app (banking, crypto, stocks)
- Very popular among Lisbon's expat community
- Budgeting and analytics tools
- Virtual disposable cards
Cons
- Lithuanian IBAN (not Portuguese)
- Weekend FX markup
- Free plan limitations on transfers
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N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Fully licensed EU bank
- Clean, fast mobile app
- Spaces for separating tax reserves
- Insurance on premium plans
Cons
- EUR only (no multi-currency)
- German IBAN (not Portuguese)
- Limited local support in Portuguese
Moey!
Monthly Fee
Free
Card Fee
Free (virtual + physical)
Currencies
1+
International Transfers
Standard SEPA
Pros
- Portuguese IBAN (Crédito Agrícola group)
- Free Multibanco ATM withdrawals
- No monthly fees at all
- MB WAY integration (essential in Portugal)
Cons
- EUR only
- No international transfer features
- Basic app compared to neobanks
- No invoicing or tax tools
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ActivoBank
Monthly Fee
Free
Card Fee
Free
Currencies
1+
International Transfers
Standard SEPA + SWIFT
Pros
- Portuguese IBAN (Millennium BCP group)
- Full banking services (credit, investments)
- Free Multibanco access
- Well-established in Portugal
Cons
- EUR only
- Dated mobile app
- Poor international transfer rates
- No freelancer-specific features
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Real exchange rate with transparent fees
- Belgian IBAN (BE) available
- Local account details in 10+ countries
- Excellent for EU institution salary + international clients
Cons
- No credit or overdraft facility
- Not a full current account replacement
- Cash deposits not supported
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan with full Mastercard
- Spaces sub-accounts for tax/savings
- Clean app experience
- Insurance bundles on premium tiers
Cons
- German IBAN (not Belgian)
- Some Belgian employers may reject non-BE IBANs
- EUR only
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- Multi-currency account with 36 currencies
- Instant spending notifications
- Strong budgeting and analytics tools
- Virtual cards for online security
Cons
- Lithuanian IBAN (not Belgian)
- Weekend FX markup
- Customer support can be slow
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ING Belgium
Monthly Fee
Free – €6/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT rates
Pros
- Belgian IBAN (BE) — accepted everywhere
- Large ATM network across Belgium
- Strong mobile app (popular in Belgium)
- Easy to open as an expat with residence permit
Cons
- Poor exchange rates for international transfers
- Monthly fees on basic plans
- Less innovative than fintechs
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BNP Paribas Fortis
Monthly Fee
€3 – €15/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT rates
Pros
- Belgian IBAN — widely trusted by employers and landlords
- Branch network across Belgium
- Strong business banking options
- Recognised by EU institutions as primary bank
Cons
- Monthly fees on all plans
- Expensive international transfers
- Old-fashioned app experience
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Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- Irish IBAN (IE) available since 2023
- Most widely used fintech in Ireland
- Multi-currency — GBP essential for UK expats
- Strong budgeting and instant notifications
Cons
- Customer support can be slow
- Some Irish employers still prefer AIB/BOI accounts
- Weekend FX markup
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Real exchange rate on EUR/GBP and 40+ currencies
- Irish IBAN (IE) available
- Essential for UK expats managing GBP and EUR
- Transparent fee calculator
Cons
- Not a full current account
- No overdraft or credit
- Cash deposits not supported
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan with Mastercard
- Easy app-only setup without Irish address
- Spaces sub-accounts for savings and tax set-aside
- Good travel insurance on premium tiers
Cons
- German IBAN — not accepted by all Irish employers
- Not as popular in Ireland as Revolut
- EUR only
AIB
Monthly Fee
Free (conditions apply)
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT
Pros
- Irish IBAN — accepted by every Irish employer and landlord
- Largest Irish bank by retail customers
- Free current account when maintaining €2,500 balance
- Nationwide branch and ATM network
Cons
- In-branch visit required to open in most cases
- Monthly fee (€4.50) if balance falls below threshold
- Poor international transfer rates
- Old-fashioned app experience compared to fintechs
Bank of Ireland
Monthly Fee
€6/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT
Pros
- Irish IBAN — universally accepted
- Large retail network across Ireland
- 365 Online banking recognised as solid
- Good for mortgages and savings in future
Cons
- €6/month flat fee regardless of balance
- Expensive international transfers
- App less polished than AIB or fintechs
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Wise
Monthly Fee
Free
Card Fee
€7
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Real exchange rate with no markup
- Italian IBAN (IT) available
- Ideal for freelancers invoicing EU and international clients
- Easy to open without Italian residency
Cons
- No credit or overdraft
- Cash deposits not supported
- Not integrated with Italian accounting software
N26
Monthly Fee
Free – €16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Free plan available
- Works with Italian SIM for registration
- Spaces for tax set-aside and savings goals
- Premium plans include travel insurance
Cons
- German IBAN (not Italian)
- Some Italian landlords and employers reject non-IT IBANs
- EUR only — no multi-currency
Revolut
Monthly Fee
Free – €13.99/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to €1,000/mo
Pros
- Multi-currency — excellent for digital nomads
- Strong spending analytics and budgeting
- Virtual cards and security features
- Easy group expenses and bill splitting
Cons
- Lithuanian IBAN — often rejected by Italian employers
- Weekend FX markup
- Not a substitute for an Italian codice fiscale account
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Intesa Sanpaolo
Monthly Fee
Free – €10/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT
Pros
- Italian IBAN — universally accepted
- Largest Italian bank by assets
- XME Account has a genuinely free option
- Strong mobile app (Intesa is ahead of most Italian banks)
Cons
- In-branch registration often required
- Poor international transfer rates
- Bureaucratic onboarding process
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UniCredit
Monthly Fee
Free – €12/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT
Pros
- Italian IBAN — accepted by all Italian institutions
- Large European bank with cross-border credibility
- Good for business accounts and corporate salary payments
- English-language support available
Cons
- Monthly fees on most plans
- Expensive for international transfers
- In-branch visit typically required to open
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Wise
Monthly Fee
Free
Card Fee
~€7 (one-time)
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Hold & convert PLN, EUR, USD + 37 more at the real mid-market rate
- Ideal for Polish freelancers invoicing EU and US clients
- Local account details in EUR, GBP, USD for receiving foreign payments
- Transparent, low transfer fees with no hidden FX markup
Cons
- No Polish PLN IBAN for domestic direct debits
- Not a full current-account replacement (no credit, no cash deposits)
- ZUS/tax authorities prefer a domestic PLN account
Revolut
Monthly Fee
Free – 49.99 PLN/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to set monthly limit
Pros
- Hugely popular in Poland — millions of local users
- Polish IBAN (PL) available on paid plans
- Multi-currency account with 36 currencies
- Strong budgeting, instant notifications, virtual cards
Cons
- Free plan caps free FX and ATM withdrawals
- Weekend exchange-rate markup
- Support can be slow on the free tier
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mBank
Monthly Fee
Free (mKonto Intense / firmowe)
Card Fee
Free with monthly card spend
Currencies
1+
International Transfers
Standard SWIFT + FX markup
Pros
- Polish IBAN — accepted by ZUS, US, and all clients
- Best mobile/online banking in Poland (built fintech-first)
- Free dedicated business account (konto firmowe) for JDG
- Integrated accounting and invoicing tools
Cons
- Poor FX rates for non-PLN transfers
- Card fee waived only with monthly spend
- English support thinner than the Polish app
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ING Bank Śląski
Monthly Fee
Free – 12 PLN/mo
Card Fee
Free with activity
Currencies
1+
International Transfers
Standard SWIFT rates
Pros
- Polish IBAN — trusted by employers and the tax office
- Excellent English-language app and online banking
- Strong business banking for sole traders
- Wide ATM and branch network
Cons
- Fees apply without minimum activity
- Expensive international transfers
- Less generous free FX than fintechs
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PKO Bank Polski
Monthly Fee
Free – 9.90 PLN/mo
Card Fee
Free with card spend
Currencies
1+
International Transfers
Standard SWIFT rates
Pros
- Largest bank in Poland — branches everywhere
- Polish IBAN universally accepted
- IKO app is widely used and reliable
- Strong for cash-handling businesses
Cons
- Older, more bureaucratic than fintech rivals
- Monthly fees without qualifying activity
- Weak FX rates for international income
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Wise
Monthly Fee
Free
Card Fee
~€7 (one-time)
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Hold & convert SEK, EUR, USD + 37 more at the real mid-market rate
- Perfect for Swedish freelancers invoicing foreign clients
- Local receiving details in EUR, GBP, USD
- No FX markup — saves 2–3% versus a Swedish high-street bank
Cons
- No Swedish account for Swish or Autogiro direct debits
- Not a full account replacement (no credit, no cash)
- Skatteverket prefers a Swedish account for F-skatt payments
Revolut
Monthly Fee
Free – ~99 SEK/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to set monthly limit
Pros
- Multi-currency account with 36 currencies
- Popular with Swedish freelancers and digital nomads
- Strong budgeting tools and instant notifications
- Can be opened before you have a personnummer
Cons
- Lithuanian IBAN — not a Swedish account, no Swish
- Weekend FX markup and free-plan limits
- Some Swedish merchants/services expect a domestic bank
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N26
Monthly Fee
Free – ~€16.90/mo
Card Fee
Free (Mastercard)
Currencies
1+
International Transfers
Via Wise (integrated)
Pros
- Fully licensed EU bank with a clean, English-first app
- Free plan with a real Mastercard
- Spaces sub-accounts for tax and savings set-asides
- Easy to open as a new arrival
Cons
- German IBAN (not Swedish) — no Swish or BankID
- EUR only — you carry FX risk on SEK income
- Limited local Swedish support
SEB
Monthly Fee
Free – ~85 SEK/mo
Card Fee
~250 SEK/year
Currencies
1+
International Transfers
Standard SWIFT + FX markup
Pros
- Swedish account — full BankID, Swish, and Autogiro
- Strong business banking for enskild firma and AB
- Trusted by clients, landlords, and Skatteverket
- Solid English-language onboarding for expats
Cons
- Requires a personnummer and usually an in-person step
- Expensive international transfers
- Annual card fees on most plans
Swedbank
Monthly Fee
Free – ~75 SEK/mo
Card Fee
~250 SEK/year
Currencies
1+
International Transfers
Standard SWIFT rates
Pros
- Sweden's largest retail bank — branches nationwide
- Swedish IBAN with Swish, BankID, and Autogiro
- Reliable everyday banking and bill payment
- Good for freelancers who also need a private account
Cons
- Conservative onboarding — personnummer required
- Weak FX rates for foreign income
- App is functional but less modern than fintechs
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Wise
Monthly Fee
Free
Card Fee
~€7 (one-time)
Currencies
40+
International Transfers
0.33–2.85%
Pros
- Hold & convert DKK, EUR, USD + 37 more at the real mid-market rate
- Ideal for Danish freelancers invoicing EU and US clients
- Local receiving details in EUR, GBP, USD
- No FX markup — clear savings versus a Danish high-street bank
Cons
- No Danish account for MobilePay or Betalingsservice
- Not a full account replacement (no credit, no cash)
- SKAT prefers a Danish account for tax and moms
Revolut
Monthly Fee
Free – ~70 DKK/mo
Card Fee
Free (virtual)
Currencies
36+
International Transfers
Free weekday FX up to set monthly limit
Pros
- Multi-currency account with 36 currencies
- Popular with Danish freelancers and frequent travellers
- Strong budgeting tools and instant notifications
- Can be opened before you have a CPR number
Cons
- Lithuanian IBAN — no MobilePay, not a Danish account
- Weekend FX markup and free-plan limits
- Some Danish services expect a domestic bank
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Lunar
Monthly Fee
Free – ~79 DKK/mo (Business tiers higher)
Card Fee
Free (virtual + physical on paid plans)
Currencies
3+
International Transfers
In-app FX, competitive on paid tiers
Pros
- Danish-licensed neobank — Danish IBAN with MobilePay
- Built for the Nordics, app-first, fast onboarding
- Dedicated business accounts for enkeltmandsvirksomhed
- Integrated bookkeeping and instant expense categorisation
Cons
- Best features sit behind paid Business tiers
- Smaller than the big banks for complex lending
- FX still pricier than Wise for large foreign payments
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Danske Bank
Monthly Fee
~30–50 DKK/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT + FX markup
Pros
- Denmark's largest bank — full MitID, MobilePay, Betalingsservice
- Trusted by clients, landlords, and SKAT
- Strong business banking and lending
- Established branch and support network
Cons
- Monthly account fees on most plans
- Expensive international transfers
- Slower, more bureaucratic than neobanks
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Nordea
Monthly Fee
~30–45 DKK/mo
Card Fee
Included
Currencies
1+
International Transfers
Standard SWIFT rates
Pros
- Largest Nordic bank — useful if you bank across DK/SE/FI
- Danish IBAN with MitID and MobilePay
- Solid business and everyday banking
- Good English-language support for expats
Cons
- Monthly fees on most account types
- Weak FX rates for foreign income
- Conservative onboarding — CPR required
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Banking guides by country
Each guide is tailored to local regulations, tax requirements, and the best fintech options.
Last updated June 2026 · How we rate banks
Germany
Top pick: Wise 4.2M freelancers
Best banks →Portugal
Top pick: Wise 900K freelancers
Best banks →Ireland
Top pick: Revolut 360K freelancers
Best banks →Netherlands
Top pick: Wise 1.5M freelancers
Best banks →Belgium
Top pick: Wise 1.1M freelancers
Best banks →Switzerland
Top pick: Wise 600K freelancers
Best banks →Spain
Top pick: Wise 3M freelancers
Best banks →France
Top pick: Wise 3.6M freelancers
Best banks →Poland
Top pick: Wise 1.4M freelancers
Best banks →Denmark
Top pick: Wise 280K freelancers
Best banks →Italy
Top pick: Wise 5.5M freelancers
Best banks →Austria
Top pick: Wise 450K freelancers
Best banks →Sweden
Top pick: Wise 700K freelancers
Best banks →
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EU banks compared
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Countries covered
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Independent reviews
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