Comparison · 2026 edition
Swan vs Wise Business: virtual accounts compared 2026.
Swan and Wise Business side by side in the Virtual Accounts and IBANs Index 2026: scores, evidence, published facts and awards.
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Swan and Wise Business side by side in the Virtual Accounts and IBANs Index 2026: scores, evidence, published facts and awards.
In the Virtual Accounts and IBANs Index, Wise Business scores higher overall: 4.0 out of 5 (79 out of 100) against 2.8 (56), ranking 2 and 5 of 10. Wise Business also scores higher in every segment.
Overall and segment scores out of 100, and the score out of 5.
| Score | Swan | Wise Business |
|---|---|---|
| Score out of 5 | 2.8 | 4.0 |
| Score out of 100 | 56 | 79 |
| Overall rank | 5 of 10 | 2 of 10 |
| For payment and e-money firms (out of 100) | 66, rank 6 | 75, rank 4 |
| For marketplaces and platforms (out of 100) | 58, rank 5 | 78, rank 2 |
| For businesses collecting from abroad (out of 100) | 45, rank 8 | 84, rank 2 |
| Type | Euro accounts and virtual IBANs under a French e-money licence | Multi-currency business account |
Each score with the evidence behind it.
| Criterion | Swan | Wise Business |
|---|---|---|
| Currencies and markets | 1/5 Euro only, with IBANs from five countries. | 5/5 22 receiving currencies published. |
| Account ownership | 4/5 Accounts with IBANs for the client's users and virtual IBANs published; naming of each account not stated. | 3/5 Dedicated account details for the business; virtual accounts not published. |
| Published pricing | 1/5 Only a "starting from" plan price published. | 5/5 Set-up and receiving fees published. |
| Local rails and speed | 2/5 SEPA receipt published; instant receipt not published. | 3/5 Domestic receipt in nine currencies; instant rails not named. |
| Regulatory standing | 5/5 Own e-money licence with register number and named safeguarding banks. | 4/5 FCA reference and security audits published; safeguarding terms not on the pages read. |
| Integration | 5/5 API, sandbox, no-code screens and a stated launch time. | 3/5 API and self-serve sign-up; sandbox and go-live time not published on the pages read. |
Each criterion is scored 0 to 5 against the best published offer in the Virtual Accounts and IBANs Index. 0 means not offered or not published. How it is scored
What each provider publishes on its own pages, read on 26 October 2026.
| Fact | Swan | Wise Business |
|---|---|---|
| Currencies and markets | Euro accounts with IBANs starting FR, DE, ES, NL and IT; services across the EEA. | "Account details for receiving in 22 currencies"; hold over 50 currencies. |
| Account ownership | "All accounts come with an IBAN"; virtual IBANs listed; accounts opened for the client's users. | Account details issued to the business; naming and virtual accounts for end customers not described on the pages read. |
| Pricing | "Starting from 2990€/m" for Swan on demand; no set-up fees; sandbox free. | Set-up "All in for 31 USD"; domestic (non-SWIFT) receipt in AUD, CAD, EUR, GBP, HUF, NZD, PHP, SGD and USD free; USD wire and SWIFT 6.11 USD, GBP SWIFT 2.16 GBP, EUR SWIFT 2.39 EUR per payment. |
| Local rails | SEPA transfers and SEPA Direct Debit; SEPA Instant not mentioned. | Not listed in this index |
| Regulatory standing | Electronic money institution authorised by the ACPR, REGAFI 86245; client funds safeguarded at BNP Paribas and Natixis. | "authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507"; US money transmitter; "SOC 1 type 2, SOC 2 type 2, PCI DSS and ISO 27001 certified". |
| Integration | Sandbox with API explorer and event simulator; no-code white-label screens; "launch in weeks, not months". | Wise API; self-serve sign-up with a one-off fee. |
| Local rails and speed | Not listed in this index | Domestic receipt in nine currencies; payouts "more than 50%* arrive within one hour". |
| Date read | 26 October 2026 | 26 October 2026 |
Not published or not stated by Swan: account ownership, local rails and speed and integration.
Not published or not stated by Wise Business: account ownership, local rails and speed, regulatory standing and integration.
Facts read on 26 October 2026 from: swan.io/pricing, swan.io/use-cases/fintech, swan.io/faq; and wise.com/pricing/business, wise.com/payouts.
Awards follow from the published scores and cannot be bought.
From each provider's strongest criteria and published terms.
European platforms issuing euro accounts with local IBANs to their customers.
Small and mid-sized businesses collecting from customers abroad.
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