MultiPass

MultiPass is a provider of multi-currency business accounts for international companies, run by MultiPass Platforms Limited, a UK electronic money institution authorised by the Financial Conduct Authority (FRN 900840). A branch is registered with the Dubai Financial Services Authority under F008489.

Services The platform offers multi-currency accounts, FX in more than 70 currencies, batch payments, a payment API and corporate cards. Local account details are available as UK and UAE IBANs, so a company can receive and pay in those markets without routing everything through a distant bank.

Safeguarding According to the company, client funds are held at credit institutions separately from its own money and are not used for lending. As with all e-money institutions, this is not the same as bank deposit insurance.

Entity differences Conditions depend on the country of the serving entity, so a UK client and a UAE client may contract with different group companies. The business should confirm which entity applies to it.

Office The London address is 87-89 Baker Street, W1U 6RJ.

Who it suits The offer suits international businesses, importers and platforms with flows between the UK, the UAE and other markets. Fees, limits and onboarding documents are not published and should be requested before applying.