Revolut vs YouTrip (2025): Which is the best multi-currency account in Singapore?

Key takeaways: 

• Revolut Business gives businesses access to digital accounts and company cards, but you can only receive funds in a handful of currencies. That means slower settlements and extra conversion costs when working with overseas clients.

• YouTrip’s YouBiz keeps things simple with local corporate cards and bill payments for Singapore SMEs, yet it offers little flexibility for businesses that operate across borders.

• Airwallex gives you so much more than a basic business account. You get an end-to-end financial platform with local account details in 20+ currencies, global payment acceptance, automated expense management, and low-cost payouts to 200+ countries.

Managing cross-border financial operations shouldn’t be a daily firefight. Payments should clear without delays, suppliers should get paid on time, and collections should land without hidden FX fees. In reality, many finance teams lose time and margins to delays, FX fluctuations, and unpredictable charges.

Revolut offers business accounts and cards that handle multiple currencies. YouBiz by YouTrip focuses on simplicity, helping teams manage travel and supplier spend through a single wallet. Both options are fine when you’re starting out, but they start to strain once your business needs to accept payments in multiple currencies or send cross-border payouts at scale. 

This article compares Revolut and YouTrip across features, fees, and reach. We also show how Airwallex helps businesses operate globally from day one with multi-currency accounts, transparent FX, local collection in major markets, and faster cross-border transfers that bypass the downsides of SWIFT.

What is a multi-currency account?

A multi-currency account lets your business receive, hold, and send funds in different currencies from a single platform. It removes the need to maintain separate bank accounts across multiple countries and gives you control over when and how you convert funds.

Say you’re a Singapore-based business working with clients in Australia or the UK. With a multi-currency account, you can receive AUD or GBP and hold those funds until you’re ready to convert or use them. This helps you avoid double conversions, in which incoming funds are automatically converted to SGD and converted again when you’re making overseas payments. 

When choosing a multi-currency account, make sure you look for these five essentials:

• Number of supported currencies

• FX rate transparency and markups

• Speed of sending and receiving funds

• Local account details in key markets

• Multi-currency corporate cards

What is Revolut?

Revolut started as a personal finance app in the UK before expanding into business accounts. Today, it offers a range of digital business tools such as multi-currency accounts, FX solutions, and corporate cards. Everything runs through the app, so you can move money, issue cards, or check spend in real time without having to make in-person branch visits.

Setup is quick, and basic features like international transfers and access to interbank rates make it a practical choice for small teams. 

Where Revolut Singapore starts to show its limitations is once transaction volumes increase. Transaction and FX fees kick in once you exceed plan limits, FX costs rise on weekends, and higher tiers come with monthly subscription fees. Companies looking to scale across borders might find these constraints restrictive over time.

What is YouTrip?

YouTrip built its name as a travel wallet for Singapore consumers before launching YouBiz, its business-focused version. The YouBiz Business Account gives companies an easy way to transact in multiple currencies without hidden FX markups. You get a prepaid Mastercard, an app to track transactions, and a multi-currency account that holds up to nine currencies.

The trade-off is its limited coverage and feature set. While it covers the most common currencies Singapore businesses use, it doesn’t support local collection in many other markets. When clients pay you in currencies outside the supported list, the funds move through SWIFT instead, which slows delivery and adds bank fees.

Revolut vs YouTrip: How do their multi-currency accounts compare in Singapore?

Revolut limits fee-free transfers by plan tier and still depends on SWIFT for most routes. YouTrip supports nine currencies for holding and card spend, but collections outside those currencies fall back to SWIFT, which adds time and cost.

Airwallex gives you a more comprehensive solution. You get local account details in 20+ currencies, access to 120+ local payment networks, and transparent FX from 0.4% above interbank. It’s built for businesses that manage money across markets, not just occasional overseas spend. Here’s how Revolut Business, YouBiz by YouTrip, and Airwallex compare on key features for businesses operating internationally.

Note: The information in this table has been reviewed to be accurate as of 11 December, 2025.

Global coverage 

• Revolut Business gives you multi-currency accounts with limited local collection options. Most inbound payments still move through SWIFT, which adds time, cost, and intermediary bank deductions.

• YouBiz by YouTrip provides local account details in nine currencies. It works for simple overseas spending, but the coverage is narrow once you start collecting funds across more markets.

• Airwallex offers local account details in 20+ currencies globally. This means you can send and receive funds like a local across markets like Australia, Indonesia, and the Philippines, giving you far more flexibility as you scale. 

International payouts

• Revolut Business supports payments in over 150 countries, but still relies heavily on SWIFT. Once plan limits are exceeded, transfer and FX fees increase, and settlement times can stretch to several days. This adds cost and complexity as transaction volumes grow.

• YouBiz by YouTrip supports international card spending in many markets, but its business transfers rely on SWIFT. That means intermediary fees can apply and delivery times are harder to predict.

• Airwallex reaches 200+ countries, but the real advantage sits in how those payments move. Airwallex partners with 120+ local payment rails, which means many transfers run on domestic networks instead of SWIFT. This lowers costs, avoids extra bank handling fees, and gives your team clearer delivery timelines when paying suppliers, employees, or contractors overseas.

Cards & expense management

• Revolut gives businesses access to company cards and basic spend tracking in its app. Employees can upload receipts and sync transactions to Xero or QuickBooks, but advanced controls or cashback only unlock on higher paid plans.

• YouBiz by YouTrip focuses on overseas company spend with unlimited prepaid cards, cashback on eligible transactions, and zero FX fees on international card spend. That said, expense tracking is limited to receipt uploads and manual approvals, which can feel restrictive as teams grow.

• Airwallex lets you issue multi-currency corporate cards with 0% foreign transaction fees across markets in just a few clicks. What’s more, each card comes with built-in expense management features that allow teams to submit expenses, route approvals, and review payouts from a single dashboard. Our integrations with accounting software like Xero mean every transaction is automatically synced, reducing manual reconciliation at month-end. 

Online payment acceptance

• Neither Revolut nor YouTrip currently offers payment acceptance solutions in Singapore. 

• Airwallex lets you accept payments from major card schemes and 160+ local methods across 180+ countries, so your customers can pay in the way that feels familiar to them. You can launch a no-code checkout page, plug it into Shopify or WooCommerce, or build your own flow with custom APIs. Every payment you collect goes straight into your multi-currency account without incurring forced conversion fees. That control helps you avoid unnecessary FX costs and hold on to more revenue as you grow.

Airwallex is the stronger choice if your business collects payments in several currencies, manages suppliers across regions, or needs predictable FX without navigating plan limits or weekend markups. It brings together payouts, collections, cards, expenses, and accounting integrations on one platform, giving finance teams the visibility and control that Revolut and YouTrip struggle to match as operations expand.

Which has better fees in Singapore: Revolut or YouTrip?

Managing overseas payments should be predictable, but both Revolut and YouTrip introduce extra costs once you move beyond their basic features. Revolut Business limits fee-free transfers by plan tier and applies weekend FX markups, so costs rise quickly once your team starts paying suppliers overseas. For YouBiz by YouTrip, key transfer fees aren’t published, which makes total costs harder to forecast. For businesses sending money abroad regularly, both platforms create uncertainty at the exact point where you need clarity and control.

How do Revolut and YouTrip charge fees?

Note: The information in this table has been reviewed to be accurate as of 11 December, 2025.

Stop losing margins on hidden fees with Airwallex

Airwallex removes the uncertainty that comes with plan allowances, weekend FX markups, and SWIFT deductions. All plans, including the free Explore plan, use the same transparent FX structure starting from 0.4% above interbank, with free transfers through local payment rails in 120+ countries. Pricing stays predictable as your business expands, without monthly fees or forced upgrades. You can view full plan details and pricing on the Airwallex pricing page.

Note: The information in this table has been reviewed to be accurate as of 11 December, 2025.

Final verdict: Which is the best option for scaling your business across borders? 

Both Revolut and YouTrip help businesses move money across borders, but they serve different purposes. Revolut Business suits teams that want automation and visibility for payments, FX, and card spend in one platform. YouBiz by YouTrip focuses on simple spend management for SMEs that mainly pay suppliers or travel overseas. In contrast, Airwallex gives businesses an end-to-end financial platform that removes the add-on tools and fragmented workflows that come with Revolut and YouTrip.

Revolut: pros and cons

Pros

• Offers tools for managing money internationally, including cards, FX, and batch payments

• Supports over 30 currencies, with interbank exchange rates available on most plan tiers

• Integrates with accounting tools like Xero and QuickBooks, making reconciliation faster

Cons

• Tiered pricing can be confusing, with extra costs once you exceed monthly allowances

• FX markups apply outside market hours

• Heavy reliance on SWIFT 

• No payment gateway

YouTrip: pros and cons

Pros

• No account opening or monthly fees

• 0% FX fees on international card transactions

• Cashback on every eligible card purchase 

Cons

• Local account details only cover nine currencies

• Transfer fees aren’t shown upfront, making it harder to forecast costs for global payments

• Limited accounting integrations

• Feature set remains basic compared to broader financial platforms

• No payment gateway

Run your global finances from one platform with Airwallex

Revolut and YouTrip both support basic overseas spending, but their limitations become clearer once you need to collect payments in different currencies or make regular cross-border payouts. In comparison, Airwallex is built for businesses that operate across markets, giving you an all-in-one platform to receive funds in multiple currencies, make high-speed international transfers, and convert at interbank rates. You also get access to a suite of advanced spend management tools that let you track, approve, and reconcile all spend in real time.

The Airwallex Business Account brings collections, payouts, cards, online payments, and more into a single financial workflow. This unified infrastructure improves cash flow, reduces operational overhead, and supports global revenue growth – all without adding new systems to manage. With Airwallex, businesses get the visibility and structure to move faster and grow beyond borders with confidence.

Frequently asked questions (FAQs)

What currencies are supported by Revolut?

Revolut Business in Singapore supports 20+ currencies, including SGD, USD, GBP, EUR, AUD, and JPY. You can spend in more than 150 countries using the Revolut card. However, Revolut only offers local-account/IBAN support for certain countries. For others, incoming payments go via international/SWIFT rails.

What currencies are supported by YouTrip?

YouTrip’s YouBiz account lets you hold nine currencies, including SGD, USD, EUR, GBP, AUD, HKD, JPY, NZD, and CHF. You can pay in 150+ currencies worldwide at Mastercard’s wholesale exchange rate.

What currencies are supported by Airwallex?

With an Airwallex Business Account, you can collect funds like a local from over 70 countries. You can also get access to local currency accounts in 20+ currencies, including SGD, USD, AUD, GBP, and HKD.

Sources:

1. https://www.revolut.com/en-SG/business/

2. https://www.you.co/biz/

3. https://help.revolut.com/en-SG/business/help/receiving-payments/currency-exchanges/which-currencies-can-i-exchange-and-keep-in-my-account/

4. https://youbiz.zendesk.com/hc/en-us/articles/6334629807769-Which-currencies-are-supported

5. https://www.you.co/sg/blog/youbiz-best-sme-corporate-card/

6. https://www.revolut.com/en-SG/business/multi-currency-accounts/

7. https://youbiz.zendesk.com/hc/en-us/articles/6334722356249-What-exchange-rates-are-used-for-YouBiz

8. https://www.revolut.com/en-SG/business/integrations/

9. https://www.revolut.com/en-SG/business/business-account-plans/

10. https://help.revolut.com/en-SG/business/help/setting-up-an-account/managing-my-currency-accounts/question-local-ibans-available/

All comparisons and information reflect Airwallex’s own research using public documentation as of 11 December, 2025, and have not been independently validated. 

This publication does not constitute legal, tax, or professional advice from Airwallex, nor does it substitute seeking such advice, and makes no express or implied representations, warranties, or guarantees regarding content accuracy, completeness, or currentness. Product features, pricing and other details are subject to change. Airwallex does not guarantee the continued accuracy of this information and is not responsible for any inaccuracies that may arise from such changes. This publication is not intended to be relied on for the purpose of making a decision about a financial product. Users are encouraged to conduct their own verification and seek their own advice.

If you would like to request an update of the content in this publication, feel free to contact us at [email protected]. Airwallex (Singapore) Pte. Ltd. (201626561Z) is licensed as a Major Payment Institution and regulated by the Monetary Authority of Singapore.