How to receive euro payments in the US [2026]
You may need to receive euro (EUR) payments in the US for personal or business reasons. For example, you might have a property in the Eurozone which you rent out as an investment, and need to repatriate your rental income. Or you may receive income from a European employer or client, or gifts from friends, family, or other payments like a foreign inheritance.
Receiving your payment in EUR to the US is possible – and by using a multi-currency account form a provider like Wise or Revolut to receive your money in euros without conversion you may find it’s also relatively cheap. This guide walks through all you need to know.
Quick summary: Receiving euro transfers in the US
| Questions ❓ | Answers 🔑 |
|---|---|
| ⬇️ Can you get paid in euro in the US? | Yes. You can use a provider like Wise or Revolut to receive your money in euros, to hold, exchange, spend or send on to cover your own EUR payments. |
| 📄 Do I have to pay tax on money received from Europe to the US? | You may need to pay tax on money from Europe received to the US, depending on the reason for the payment and its value. Get professional advice to make sure you stay legally compliant. |
| 💶 How do I accept euro payments in the US? | You can accept euro payments in the US by opening a multi-currency account which offers EUR account information, and getting paid with a bank transfer or wire in EUR. |
How to receive money from Europe: Step-by-step
We’ll walk through a few good services to use if you need to receive money from Europe in EUR in just a moment. Firstly, let’s take a look at the step by step process you’re likely to need to follow. The exact method used can vary a little depending on the provider you select – but this gives you a flavor.
Step 1: Compare multi-currency and foreign currency account services and select the best option for your specific payment
Different accounts have their own features and fees, so shopping around for a low cost, flexible account to receive your euro payment can cut down the costs you pay overall. We’ve got a few great options to look at, for both personal and business payments, in this guide.
Step 2: Register an account with your preferred provider and get verified
Digital account services allow you to register your EUR account online or in an app. You’ll need to get verified using your normal proof of ID and address documents, and providing additional information like your SSN and contact information.
Step 3: Open a balance in EUR and access your account details
Open a balance in euros within your new account, and find the correct details to get paid in EUR directly to the account. Some providers offer European account information like an IBAN to get paid with a local transfer, while others offer SWIFT transfer details for a cross border payment in euros.
Step 4: Pass your EUR account information to the person sending you a euro payment
You’ll now need to give the sender the EUR account information to allow them to arrange the transfer. The sender might also need to give their own bank or money transfer service some paperwork, particularly if the payment is very large – we’ll look at that in a moment.
Step 5: The sender arranges the payment to your EUR account, and you can receive your money
The sender will initiate the payment and can let you know when to expect it. Depending on the reason for the payment, and its value, you might need to report it to the IRS or other agencies. If you’re at all unsure about the legal or tax implications of receiving your EUR payment from overseas, get professional advice.
What documents are needed to receive money from Europe to the US?
If you’re receiving a payment in EUR from Europe to the US, both you and the person sending the money might need to present a few documents for verification and tax compliance.
High value transfers often require the sender to provide proof of the source of the funds. This is to prevent fraud and financial crime. If these documents are needed, the bank or money transfer service that the sender uses to process the payment will decide what paperwork is needed, and manage the verification process.
The documents the sender may be asked for depend on where the money came from – for example:
- If the money came from salary – the sender may be asked for recent payslips, bank statements showing the salary deposits, or their employment contract stating salary information
- If the money came from a property sale – the sender may be asked to provide extracts from the property register, a solicitor’s letter, or the contact of sale
- If the money came from investments – the sender may be asked to provide investment certificates or a letter from their bank or investment platform
Once you receive the payment of EUR in the US, you may also need to prepare some paperwork. What’s needed will depend on the reason for the money being sent in the first place. For example:
- If the money is a gift – you may need to report it to the IRS if the payment was from an individual and comes to 100,000 USD or more over the course of a tax year, or if the money is from a foreign entity and the total amount received from foreign entities exceeds around 19,500 USD
- If the money is salary – you will need to report it on your IRS tax return alongside all worldwide income, although you may qualify for some foreign earned income exemptions or exclusions depending on the situation
4 ways of receiving euro payments in the US: A comparison
Some of the best ways to receive euro payments in the US are with digital specialist services. You can receive a EUR payment to your US checking account – but it’ll be converted to USD automatically, either by the sender’s bank, your own bank, or an intermediary. If you’d prefer to receive your payment in EUR you’ll need an account which can hold foreign currencies as well as USD.
Here we’ve picked out 4 providers to look at which all offer this service. You can open a Wise or Revolut account for both personal and business use – or if you’re receiving business and freelance payments, you may prefer Payoneer or Airwallex. Here’s a comparison:
| Providers | ⭐ Services provided | 💰 Fees for receiving money in euro | 💱 Euro exchange rates | 🎯 Account limits |
|---|---|---|---|---|
| Wise | Personal and business | No fee with local details 2.39 EUR for SWIFT | Mid-market rate | No EUR receiving limit |
| Revolut | Personal and business | No Revolut fee | Weekday exchange with Revolut rate to plan limit Out of hours or fair usage fees may apply | No EUR receive limit Annual receiving limits apply which can’t be viewed or changed |
| Payoneer | Business | Fixed fee or 1% using bank details Variable fees for card payments | 0.5% currency conversion fees apply | No EUR receiving limit Business payments only |
| Airwallex | Business | Fees depend on payment type and country | 0.5% currency conversion fees apply | No EUR receiving limit Business payments only |
*Details correct at time of research – 8th October 2025. About Wise pricing: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information.
Wise account
| 💡 Great for: Receiving euros with local and SWIFT account information, including no Wise free for local transfers |
Wise has account and card services for both personal and business customers in the US. Your Wise account comes with local account details you can use to receive a payment in euros with no Wise fee, and also SWIFT details you can use to receive payments with a low, fixed Wise payment fee. This gives flexibility and allows you to receive your euro payments in the best way for your needs.
Open your Wise account online or in app, and receive or add euros to your account easily. You can then convert between currencies with the mid-market rate and low, transparent fees. Wise offers the Wise Multi-Currency Card, and the Wise Multi-Currency Card for business, which both give you ways to spend and withdraw globally.
- Receive EUR with no Wise fee when using local euro account information
- Exchange EUR and 40+ other currencies with the mid-market rate
- No ongoing account fees for personal or business customers
| Wise pros | Wise cons |
|---|---|
| ✅ Receive euros with local or international payment details ✅ Hold and exchange 40+ currencies ✅ Mid-market exchange rates ✅ Services for personal and business customers | ❌ Small fees apply to receive EUR SWIFT payments ❌ Currency conversion fees apply |
Wise fees and limits
| Features | 💡 Wise pricing and limits to know: |
|---|---|
| Wise account fees | No opening fee for personal users, 31 USD one time account opening fee for business customers No ongoing account fees |
| Currency conversion | Mid-market rates, fees from 0.57% |
| Receiving euro payments | No fee with local account details 2.39 EUR fixed fee for SWIFT |
| Supported currencies | Hold and exchange 40+ currencies, local account details for 8+ currencies, SWIFT details for 20+ currencies |
| Sending international transfers | Send to 140+ countries, fees from 0.57%. |
| Limits | No limit to the amount you can receive in EUR, send up to 20 million EUR per transfer |
*Details correct at time of research – 8th October 2025
About Wise pricing: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information.
How to receive euro payments with Wise
Here’s a quick overview of how to receive EUR payments with Wise:
- Register a Wise account and upload your ID, proof of address and SSN for verification
- Open a EUR account balance in the Wise app
- Tap on the account information button to view your EUR account details
- Pass the details to the person sending you money
- Receive your payment using local or SWIFT account information
Revolut account
| 💡 Great for: Choice of account types and tiers, all with ways to receive EUR payments |
Revolut offers US personal and business customers accounts which can receive EUR payments with SWIFT account information. Hold 25+ currencies in your account, and get different features depending on the account type you prefer. Top tier accounts offer premium cards and services, and also have high no fee transaction limits on things like ATM usage and currency conversion.
Choose from account plans which include the Standard plan which has no monthly fee for personal customers, through to top tier accounts which cost 0 USD – 16.99 USD/month for extra features. Or pay 10 USD – 140 USD/month for business customers. All accounts offer linked payment cards and some no fee transactions monthly before fair usage fees begin.
- Several account options depending on needs, all with ways to receive EUR with SWIFT details
- No Revolut fee to receive a euro payment – plus ways to get paid in other currencies if you need them
- Hold and exchange 25+ currencies and spend or withdraw with your linked Revolut card
| Revolut pros | Revolut cons |
|---|---|
| ✅ Business and personal customers accepted ✅ Receive EUR alongside 25+ other currencies ✅ All accounts have linked debit cards ✅ Top tier accounts ofer extras like travel insurance | ❌ Out of hours and fair usage fees may apply on exchange ❌ Monthly fees apply on many account tiers |
Revolut fees and limits
| Features | 💡 Revolut pricing and limits to know: |
|---|---|
| Revolut account fees | 0 USD – 16.99 USD/month for personal customers, or 10 USD – 140 USD/month for business customers |
| Currency conversion | Weekday exchange with Revolut rate to plan limit Out of hours or fair usage fees may apply |
| Receiving euro payments | Receive euros with SWIFT details and no Revolut fee |
| Supported currencies | Hold & exchange 25+ currencies, get local account details for USD and GBP, and SWIFT details for other currencies including EUR |
| Sending international transfers | Send to 150+ countries, with variable fees depending on the payment type |
| Limits | Usually no limit on the amount you receive – annual deposit limits may apply, which can’t be checked or changed |
*Details correct at time of research – 8th October 2025
How to receive euro payments with Revolut
Here’s how to receive euro payments with Revolut:
- Download the Revolut app and register an account with your personal and contact information
- Upload your ID and address documents, and complete the verification step
- Open a balance in EUR and check for your SWIFT account information (marked as ‘cross border only’)
- Pass the SWIFT account information to the person sending you a payment
- Your funds will be deposited when the payment has been processed
Payoneer account
| 💡 Great for: Freelancers and business owners who need to receive business bank and card payments in EUR |
Payoneer has account services for businesses and freelancers which can receive customer payments through a variety of methods, in a range of currencies – including EUR. There’s no fee to pay when you open a Payoneer account, and you can then open local accounts in EUR and other currencies to generate bank details – or check out the range of ways to get paid using cards and local payment methods. This is a popular option for ecommerce businesses in particular.
Payoneer also has add-on services such as access to working capital and loans, which can be helpful as you build your business. Bear in mind that while there are no monthly fees to pay, a 29.95 USD annual fee may apply if you don’t receive 2,000 USD or more to your account over the course of the year.
- Get paid in EUR using bank transfers, local payment methods and cards
- No ongoing account fees to pay if you receive 2,000 USD or more to your account annually
- Low currency conversion costs
| Payoneer pros | Payoneer cons |
|---|---|
| ✅ Low fees to receive EUR, which vary depending on payment method ✅ Get paid by platforms and marketplaces like Amazon and Fiverr ✅ Payoneer also offer loans and other business services ✅Annual fee can be waived with regular use | ❌ 29.95 USD annual fee if you don’t receive 2,000 USD to your account ❌ 0.5% currency conversion costs apply |
Payoneer fees and limits
| Features | 💡 Payoneer pricing and limits to know: |
|---|---|
| Payoneer account fees | No account opening, monthly or annual fees if you receive 2,000 USD or more annually 29.95 USD annual fee if you don’t receive 2,000 USD to your account |
| Currency conversion | 0.5% currency conversion fees apply |
| Receiving euro payments | Fixed fee or 1% using bank details Variable fees for card payments |
| Supported currencies | 9 supported currencies for hold & exchange, all offering local account details |
| Sending international transfers | Up to 3% – or there’s a low fee of 1.5 EUR for EUR to EUR payments |
| Limits | No account holding limits |
*Details correct at time of research – 8th October 2025
How to receive euro payments with Payoneer
Here’s how to receive euro payments with Payoneer:
- Register a Payoneer account online or in the Payoneer app
- Get verified – personal and business documents will be required, depending on entity type
- Open your EUR currency account and access the account information
- Pass your euro account details to the sender to have them make a payment
Airwallex account
| 💡 Great for: Digital businesses taking EUR payments and looking for an end to end business finance platform |
Airwallex accounts offer a range of services including global accounts, payments and cards. You can use the account to receive customer payments through online platforms and marketplaces, or by invoicing customers, or embed links in your ecommerce store to take cards and other payment types. Depending on the features and services you need, you may choose an account with no monthly fee, or upgrade to a more comprehensive account for 99 USD a month.
The costs of receiving euros depend on the method the customer uses to pay, and where they’re based. You can send payments for free to 120+ countries with local payment methods, but there’s a SWIFT fee of up to 25 USD if you need to send a cross border payment from your account.
- Receive EUR with local account information and no maximum holding limit
- Different payment methods supported for business transactions
- Great option for ecommerce and digital business owners
| Airwallex pros | Airwallex cons |
|---|---|
| ✅ Hold and exchange EUR and 20+ currencies ✅ Supports a range of payment types ✅ Free to send money to 120+ countries with local payment methods ✅ Cash back options on card spending | ❌ Some accounts have monthly fees ❌ High SWIFT fee of up to 25 USD |
Airwallex fees and limits
| Features | 💡 Airwallex pricing and limits to know: |
|---|---|
| Airwallex account fees | 0 USD – 99 USD monthly fees, depending on account selected |
| Currency conversion | 0.5% currency conversion fees apply |
| Receiving euro payments | Fees depend on payment type and country |
| Supported currencies | Hold & exchange 20+ currencies with local account details |
| Sending international transfers | No fee for local payments to 120+ countries, 15 USD to 25 USD for SWIFT payments |
| Limits | No account holding limits |
*Details correct at time of research – 8th October 2025
How to receive euro payments with Airwallex
Here’s how to receive euro payments with Airwallex:
- Download the Airwallex app or open the desktop site
- Register an account – you’ll need ID, proof of address, your SSN and some business documentation
- Once verified you can open a euro account and access account information
- Give the sender your EUR local account information and ask them to process the transfer
What are the fees and taxes applicable for receiving money from Europe?
The costs you pay to receive money in EUR in the US depend on a few factors:
- The provider you select
- The way the payment is processed
- The value of the transfer
Different providers have their own fees for incoming EUR payments. You’ll normally find there are different costs for receiving a local bank transfer, a SWIFT payment, or a transfer funded with a card or other local payment method for example.
It’s often cheapest to receive payments with a local transfer if your provider allows this. Services like Wise have this option. A local payment is likely to be cheap or free for the person sending the payment – and there’s no Wise fee for an incoming payment with local details.
The alternative is normally to receive a payment with a SWIFT transfer. SWIFT transfers may be more expensive for the sender as they’re treated as cross border payments. There may also be fees deducted by intermediary banks as the payment is processed – and your provider might charge you an incoming SWIFT payment fee as well.
Compare the options available to you. Some providers don’t offer local account information, which means you’ll be forced to receive EUR with a SWIFT transfer. Wise has both local account details and international SWIFT options, with no Wise fee for local payments and a low incoming SWIFT payment fee that’s fixed at 2.39 EUR.
🇪🇺 More information: How to open a euro account with Wise
Important things to know before receiving money from Europe
- If you receive a EUR payment to a USD bank account it’ll be converted to USD before being deposited, which might mean paying a charge for currency conversion
- Using a EUR foreign currency or multi-currency account can help you receive euro payments for low or no fees
- In the US most multi-currency accounts come from specialist digital services like Wise and Revolut as banks tend to focus their services on USD products only
- Fees may apply when you receive a EUR payment, which may be paid by the sender, or the recipient, or deducted from the payment as it is processed
- Receiving your EUR payment without being forced to convert back to USD puts you in control of the currency exchange and allows you to shop around for the lowest possible cost
| 💰🚀 Compare the best ways to send money form Europe to the US here. ⭐ |
Conclusion: Best ways to receive money from Europe to the US
Whether you need to receive euro payments for personal or business use, you can do so with a specialist account from a digital service like Wise or Revolut. Digital multi-currency accounts offer EUR account information which lets you receive payments in euros without needing to convert immediately back to USD. This can save you money on currency conversion.
- Using a multi-currency account with EUR account details lets you receive a EUR payment without exchanging to USD
- You can then exchange or hold your balance as you wish, or spend it with your linked debit card
- Some services, like Wise and Airwallex, offer local EUR account information to get paid using a local transfer
- Others, like Revolut, offer EUR SWIFT account information only, which means your incoming payment is treated as a cross border payment
- Compare a few different providers, looking at their EUR receiving features and fees, to find the one which fits your needs
Euro payments FAQs
Is it necessary to declare money received from Europe?
You may need to declare money received from Europe to the IRS – the requirements depend on the reason for, and value of, the payment. Income from Europe is likely to need to be declared as worldwide income on your annual tax return. Some higher value gifts from Europe should also be declared.
Get professional advice if you’re unsure whether or not your payment or EUR in the US needs to be declared.
What is the limit for receiving money from Europe?
There’s no specific legal limit on the amount you can receive in EUR from Europe to the US. However, there may be limits which are set by the bank or provider which arranges the outgoing payment – and also there may be limits which are set by the provider of the account you receive the money to.
Here are the receiving limits of the accounts we’ve featured in this guide, to give an idea:
- Wise receiving limits: No EUR receive limit
- Revolut receiving limits: No EUR receive limit. Annual receiving limits apply which can’t be viewed or changed
- Payoneer receiving limits: No EUR receiving limit – suitable for business payments only
- Airwallex receiving limits: No EUR receiving limit – suitable for business payments only
