Vivid Business Review
Best for multi-currency IBANs · Founded 2020 · Luxembourg
Overview
Vivid Business is a Luxembourg-regulated Electronic Money Institution (EMI) licensed by the CSSF, offering one of the most distinctive multi-currency setups in European business banking: unique IBANs for 22 currencies, including local EUR IBANs in six countries (Germany, France, Italy, Luxembourg, Netherlands, and Spain). Customer funds are safeguarded through Stichting Vivid Money rather than covered by traditional deposit insurance — an important distinction for businesses holding large balances. The platform is available in 30+ European countries, with a particular focus on German-speaking markets and accounting ecosystems.
What sets Vivid apart is its tiered FX allowance model: within each plan's monthly limit (€10,000 on Basic up to custom allowances on Enterprise+), FX conversions are completely free. Beyond the allowance, a 0.5% markup applies — lower than most competitors. SEPA Instant is free on all plans. SWIFT transfers come with plan-based quotas (5 to 35 free outgoing per month), with a €5 overage fee. Native integrations with DATEV and Sevdesk make Vivid a strong choice for German-speaking SMEs. Note: a promotional waiver on the €5 incoming international fee is in effect until April 30, 2026.
Plans & Pricing
Free Start
Free
- EUR business account
- 22 currency IBANs
- SEPA Instant (free)
- 0 free SEPA transfers per month (amount unconfirmed)
- No free SWIFT transfers
- Virtual card (1)
- €2 non-EUR ATM markup
- Sevdesk integration
- 25 document uploads/month
Local transfers: Unlimited
International: Not included
Cards: 1
Basic
€8.90 billed monthly
- Everything in Free Start
- €10,000/month FX allowance
- 5 free outgoing SWIFT/month (€5 overage)
- €200 free ATM/month
- Unlimited receipt uploads
- DATEV export
- 1% non-EUR card markup
Local transfers: Unlimited
International: 5/mo
Cards: 2
Pro
€24.90 billed monthly
- Everything in Basic
- €30,000/month FX allowance
- 10 free outgoing SWIFT/month
- €500 free ATM/month
Local transfers: Unlimited
International: 10/mo
Cards: 2
Enterprise
€96 billed monthly
- Everything in Pro
- €70,000/month FX allowance
- 15 free outgoing SWIFT/month
- €1,000 free ATM/month
- €100,000 monthly spend limit
- Priority support
Local transfers: Unlimited
International: 15/mo
Cards: 3
Enterprise+
€319 billed monthly
- Everything in Enterprise
- Custom FX allowance
- 35 free outgoing SWIFT/month
- €1,500 free ATM/month
- €200,000 monthly spend limit
- Dedicated account manager
Local transfers: Unlimited
International: 35/mo
Cards: 4
Prices as of . See official pricing page for the latest rates.
Key Features
- 22 currencies with unique IBANs
- Local EUR IBANs in 6 countries (DE, FR, IT, LU, NL, ES)
- 0% FX within allowance, 0.5% beyond
- Free SEPA Instant
- SWIFT with tier-based quotas (5–35/month)
- DATEV and Sevdesk accounting integration
- Approval workflows and expense management
- Unlimited team members on General Business plans
- Metal card option (€19.90 one-off)
Key Information
| FX Fee | 0.5% |
|---|---|
| Supported Currencies | 22+ |
| Countries Served | DE, FR, IT, ES, NL, LU, AT, BE, PT, CH, CY, BG, HR, CZ, DK, FI, GR, IS, IE, LI, MT, NO, SK, SI, SE |
| Target Audience | German-speaking SMEs and companies needing multi-currency IBANs |
| Founded | 2020 |
| Headquarters | Luxembourg |
Pros & Cons
Pros
- 22 currencies with unique IBANs at no extra cost
- 0.5% FX overage (lower than most), 0% within allowance
- DATEV and Sevdesk native integration
- Free SEPA Instant on all plans
- Metal card available for €19.90
Cons
- EMI license — no traditional deposit insurance (safeguarding only)
- Free Standard plan has no free SWIFT transfers
- Some data gaps (free SEPA count unconfirmed)
- €5 incoming international fee (waived until April 2026, then reinstated)
- Limited outside German-speaking ecosystem
Vivid FAQ
Is Vivid Business a real bank?
Vivid Business is not a full bank — it is an Electronic Money Institution (EMI) regulated by Luxembourg's CSSF (Commission de Surveillance du Secteur Financier). Customer funds are safeguarded through Stichting Vivid Money rather than covered by traditional deposit guarantee insurance. This means your money is held separately from Vivid's own funds, but you do not benefit from the same statutory deposit protection (e.g., €100,000 EdB or FGDR) that licensed banks offer. For businesses holding significant balances, this distinction matters.
How does Vivid's FX pricing work?
Vivid offers 0% FX conversion within each plan's monthly allowance: €10,000/month on Basic, €30,000/month on Pro, €70,000/month on Enterprise, and custom allowances on Enterprise+. Beyond the allowance, a 0.5% markup applies — one of the lowest overage rates among European business banking platforms. SEPA Instant is free on all plans. Outgoing SWIFT transfers come with a quota (5–35 per month depending on plan), with a €5 fee per additional transfer. A promotional waiver on the €5 incoming international fee is in effect until April 30, 2026.
Which countries can use Vivid Business?
Vivid Business is available in 30+ European countries. Local EUR IBANs are provided in six countries: Germany (DE), France (FR), Italy (IT), Luxembourg (LU), Netherlands (NL), and Spain (ES). The platform also serves Austria, Belgium, Portugal, Switzerland, Cyprus, Bulgaria, Croatia, Czech Republic, Denmark, Finland, Greece, Iceland, Ireland, Liechtenstein, Malta, Norway, Slovakia, Slovenia, and Sweden. Non-EUR IBANs in 22 currencies are available globally for receiving payments.
What accounting software does Vivid integrate with?
Vivid Business integrates natively with DATEV (for export and bookkeeping automation) and Sevdesk (for invoicing and accounting workflows). These integrations are available from the Basic plan onward. The Free Start plan includes basic Sevdesk connectivity and 25 document uploads per month, while paid plans unlock unlimited receipt uploads and full DATEV export capabilities. Vivid does not natively support Xero, QuickBooks, or Lexoffice — businesses using those platforms would need to use manual CSV exports or third-party connectors.
Head-to-Head Comparisons
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