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Provider review · 4.3 advisor score

Multipass: fees, currencies and how to apply.

GBP and EUR accounts built for international trading companies

3-10 days

Time to open

4.3

Advisor score

Paid plan

Monthly cost

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Multipass

UK · EEA

Time to open

Typically 3-10 days

Currencies

GBP and EUR accounts, payments in 30+ currencies

To open

No minimum balance; plans from about GBP 25 a month

Licence status

E-money services provided through an FCA-authorised institution, not a bank

 
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What Multipass actually is

Multipass provides e-money accounts through an FCA-authorised institution, not a bank. It is aimed at import and export companies moving real trade volume, where an automated onboarding engine is more of a problem than a feature.

Every account gets a named manager, and payment routing is closer to a correspondent bank relationship than to a consumer app, which suits unusual counterparty countries.

Best for

UK and EU trading companies moving GBP and EUR

Fees and pricing

Checked against the provider’s published pricing in September 2026. Figures vary by country and plan.

Monthly fee

Plans from about GBP 25 a month

Minimum balance

A one-off onboarding charge applies on most plans

Local transfers

Included allowance per plan, then per payment

International transfers

From about GBP 15 per payment

Currency exchange

Margin quoted per volume tier, tightening with size

Cards

Company cards available on request

Where it works well

  • Named account manager instead of automated review
  • Comfortable with international trade flows and unusual corridors
  • FX margin improves with volume

Watch out for

  • An e-money service, so no credit and no deposit guarantee
  • Pricing is aimed at trading companies, not micro-businesses
  • Onboarding charge on top of the monthly plan

Who can open it

  • A company registered in the UK, EEA or a supported third country with real trade activity
  • Documented trade flows and counterparties
  • Shell companies with no activity are declined

Documents to prepare

  • Certificate of incorporation and company registry extract
  • Passport and proof of address for every director and owner above 25%
  • Description of the business, customers and expected monthly volumes
  • Trade contracts, purchase orders or bills of lading
  • Bank statements from an existing account showing turnover

Ready to apply to Multipass?

Have the documents above ready and the application usually takes under 20 minutes.

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