MultiPass review

MultiPass’s payment platform aims to simplify global business banking by streamlining international transactions.

No reviews yet. Write a review

The MultiPass account is designed for small and medium businesses looking to simplify and personalise their international banking experience. Completely digital, this platform aims to remove unnecessary boundaries for global transfers.

Your online business account for payments without borders
  • Transact in 30+ currencies across 180 countries
  • Save with bank-beating exchange rates
  • Get local presence in 20+ countries

What is MultiPass?

MultiPass is a London-based fintech company. This promising payment service tailors its international banking for cross-border SMEs (small and medium-sized enterprises).

Businesses can benefit from MultiPass’ multicurrency account, personalised customer service and ease of worldwide trading.

MultiPass is 100% online – you can access your account and contact customer services anywhere. The company uses a single provider for local accounts (GBP, EU and USD) and a multicurrency account with access to wholesale exchange rates, making MultiPass’ international bank transactions less expensive than a traditional bank.

How does the MultiPass business account work?

Whilst MultiPass is an online trading platform, businesses can expect a personal touch to their customer service. Each customer has a dedicated personal account manager who helps to create a smooth banking process.

After being guided through the onboarding process, businesses can also get virtual and physical corporate expense cards, which can be used for daily expenses and online purchases in any supported currency.

All banking with MultiPass is online. However, there is yet to be a corresponding app. The account’s key features include:

  • Multicurrency account. A single account for 30+ currencies.
  • International transfers. Multiple payment methods for transactions in 180 countries and high-speed payments in the UK, Europe and the USA. International transfers and same-day payouts
  • Local accounts. A local account in GBP, EU and USD under your company’s name.
  • Payments. Virtual and physical payment cards available.
  • Tailored support. Dedicated account manager and 24/7 customer service.

Is MultiPass safe?

MultiPass requires 2-factor authentication, and it continuously monitors your data to limit any risk of fraud.

The FCA (Financial Conduct Authority) regulates the payments platform as an electronic money institution.

It isn’t covered by the Financial Services Compensation Scheme (FSCS). Instead, your money is protected through safeguarding, where it’s ring-fenced in secure accounts at authorised credit institutions and is never lent or reinvested.

Pros and cons of MultiPass


  • Easy onboarding and account setup
  • 24/7 customer support
  • Multicurrency account
  • Dedicated account manager
  • FCA regulated


  • Account management fees
  • No mobile app
  • No overdrafts or business credit cards available

Our verdict: Is the MultiPass account worth it?

MultiPass is specifically tailored for global businesses looking to streamline their banking. The payment platform enables cross-border transactions by providing international transfers with wholesale exchange rates in multiple currencies.

The main downsides with MultiPass is that there is no banking app and the price quotes given to customers may differ from those advertised on their website. When creating an account, businesses must also pay additional charges: an account opening fee, a monthly account maintenance fee and payment fees. This means MultiPass is one of the more expensive payment platforms on the market, despite saving money at the point of transaction.

If you are thinking about opening a business account, you can compare other business bank accounts on the market.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Kate Steere's headshot
Written by


Kate Steere is an editor at Finder, specialising in fintech, banking and cryptocurrency. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run. See full bio

Kate's expertise
Kate has written 175 Finder guides across topics including:
  • Fintech
  • Banking
  • Cryptocurrency
  • Mortgages
  • Payments

More guides on Finder

Go to site