Multi-currency accounts to hold balances in the UAE

True hold-and-choose conversion: Wise Business holds 40+ currencies without auto-conversion, 3S Money holds named multi-currency accounts for larger balances, and Payoneer holds marketplace currencies until withdrawn. Ebury and Multipass round out corporate-scale options.

Catalogue updated 2026-10-13

Raqma's pick

Wise Business Wise

No monthly fee
No minimum balance
Stated approval from 1 day
Accepts free-zone licences

The top catalogue-ranked product in this list — reasons cite the published fields below, not a paid placement. Methodology

Products to compare

5 products

Products are shown in catalogue order, not as a personalised recommendation. Compare the details and confirm current terms with the provider. Methodology

Wise

Wise Business

Hold and convert 40+ currencies at mid-market rates, get local account details for major currencies and pay suppliers abroad — now licensed by the UAE Central Bank.

Multi-currency: 40+ currenciesFully digital onboarding

Currencies: 40+ currencies
Monthly fee: AED 0
Onboarding: 1–3 days
Free zone: Yes

UAE Central Bank — licensed Reviewed 2026-10-15

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Free to open; per-transfer fee and FX margin quoted before each transfer and vary by currency pair. CBUAE SVF + Retail Payment Services licences (2025).

3S Money

3S Money International Business Account

EMI multi-currency account with local IBANs in 65+ currencies and a dedicated relationship manager — DFSA-regulated DIFC branch, plus FCA (UK) and CSSF (Luxembourg). Onboards industries traditional banks often decline.

Multi-currency: 65+ currenciesFully digital onboarding

Currencies: 65+ currencies
Monthly fee: —
Onboarding: ~10 days
Free zone: Yes

DFSA — licensed Reviewed 2026-10-15

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No public rate card — fees quoted per client. 65+ currencies incl. AED, USD, GBP, EUR; SWIFT/SEPA to 190+ countries. 3S Money Club Limited (DIFC Branch) DFSA ref F007004; FCA registration 900918. Per 3s.money, verified Oct 2026.

Payoneer

Payoneer Business Account

Local receiving accounts in USD, EUR, GBP, AED and more — built for marketplace sellers, freelancers and exporters getting paid from abroad.

Multi-currency: USD, EUR, GBP, AED +Fully digital onboarding

Currencies: USD, EUR, GBP, AED +
Monthly fee: AED 0
Onboarding: 1–3 days
Free zone: Yes

Reviewed 2026-10-15

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Free to open. Receiving fees up to 1% (bank debit) / 3.99% (cards); currency conversion up to ~3.5%; USD 29.95 annual fee if volume under USD 6,000/12 months.

Ebury

Ebury Business Account

Currency accounts in 130+ currencies with a dedicated FX dealer — hedging, risk management and trade finance for importers and exporters.

Multi-currency: 140+ currenciesFully digital onboardingTrade finance

Currencies: 140+ currencies
Monthly fee: —
Onboarding: 3–7 days
Free zone: Yes

Reviewed 2026-10-15

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No public rate card — FX margins and account fees are agreed per client. UK EMI authorised; Dubai office.

MultiPass

MultiPass Multi-Currency Account

Dedicated IBAN with 70+ currencies including AED, local accounts in the UK, EU and US, plus a personal account manager — DFSA-licensed DIFC entity, UK EMI under FCA.

Multi-currency: 70+ currenciesFully digital onboarding

Currencies: 70+ currencies
Monthly fee: —
Onboarding: Sales-led
Free zone: Yes

DFSA — licensed Reviewed 2026-10-23

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Account opening from £500; monthly maintenance from £100; minimum balance ~3× monthly fee. SEPA/SWIFT/ACH/Fedwire supported; UAE among supported countries. Per multipass.co/pricing, verified Oct 2026.

Side-by-side

Side-by-side — 5products — Currencies, Monthly fee, Onboarding, Free zone
Product	Currencies	Monthly fee	Onboarding	Free zone
Wise Business	40+ currencies	AED 0	1–3 days	Yes
3S Money International Business Account	65+ currencies	Not published	~10 days	Yes
Payoneer Business Account	USD, EUR, GBP, AED +	AED 0	1–3 days	Yes
Ebury Business Account	140+ currencies	Not published	3–7 days	Yes
MultiPass Multi-Currency Account	70+ currencies	Not published	Sales-led	Yes

How to choose a Multi-currency & FX by your situation

startups watching fixed cost: compare monthly fee and minimum balance first — lowest published monthly cost: Wise Business and Payoneer Business Account.
a free-zone company: All products here onboard free-zone entities — compare on fees next.
founders outside the UAE: All products onboard remotely — no branch visit needed.
anyone needing it live soon: fastest stated approval: Wise Business and Payoneer Business Account — still subject to compliance review.
import-export and multi-currency flows: widest published currency coverage: Ebury Business Account.

Fact sources: wise.com · wise.com · 3s.money · payoneer.com · ebury.com · multipass.co · multipass.co

Frequently asked questions

How to choose a Multi-currency & FX service for your situation?

For startups watching fixed cost: compare monthly fee and minimum balance first — lowest published monthly cost: Wise Business and Payoneer Business Account. For a free-zone company: All products here onboard free-zone entities — compare on fees next. For founders outside the UAE: All products onboard remotely — no branch visit needed. For anyone needing it live soon: fastest stated approval: Wise Business and Payoneer Business Account — still subject to compliance review. For import-export and multi-currency flows: widest published currency coverage: Ebury Business Account.

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