Provider profile
MultiPass
Raqma's read on MultiPass
Raqma's read on MultiPassSummarised from catalogue fields — not a paid placement.
- Products tracked
- 1 across 1 category (Multi-currency & FX)
- Licence status
- DFSA — licensed
- Free-zone acceptance
- 1 of 1 products accept free-zone licences
- Remote onboarding
- 1 of 1 products onboard without a branch visit
- Last reviewed
In short: MultiPass has a focused offer in the UAE multi-currency & fx space. Licensing on record: DFSA — licensed.
Is MultiPass right for you?
Fit read from catalogue fields — not a recommendation, confirm terms with the provider.
- UAE SMEs
- Partial fit 1 product tracked across 1 category
- E-commerce merchants
- Limited No payment-gateway products tracked
- Free-zone companies
- Strong fit 1 of 1 products accept free-zone licences
- Import-export businesses
- Strong fit 1 cross-border product
- Startups needing corporate banking
- Strong fit 1 of 1 onboard remotely
Strengths and watch-outs
Aggregated across the tracked MultiPass catalogue — exact terms are on each product page.
Where MultiPass stands out
- Accepts free-zone licences
- Fully remote onboarding
- Multi-currency: 70+ currencies
Watch-outs
- You cannot hold the required AED 1,200 minimum balance.
Licensing
- DFSA — licensed — DIFC entity DFSA-licensed; UK EMI regulated by the FCA
Verified answers
How much does a MultiPass UAE business account cost?
MultiPass publishes a guided quote: account opening and due diligence from 400 AED / 100 USD, monthly maintenance from 400 AED / 100 USD, and a minimum balance from 1,200 AED / 300 USD (failing it costs 400 AED / 100 USD per month). Priority onboarding is 2,400 AED / 500 USD.
Source: multipass.co · verified
What are MultiPass payment fees?
Local AED payments cost 5 AED incoming and 15 AED outgoing; SWIFT transfers cost 30 USD in and 60 USD out; internal payments between MultiPass accounts are free. Online banking and additional IBANs and currencies are free.
Source: multipass.co · verified
Facts & sources
Every fact we publish links back to the page it was verified on. Product-level terms (fees, limits, eligibility) are on each product page.
- MultiPass Multi-Currency Account — verified
- multipass.co · multipass.co
MultiPass products
Frequently asked questions
Is MultiPass licensed in the UAE?
Yes — our catalogue records MultiPass as holding DFSA — licensed. Always confirm the current licence scope on the regulator’s register before applying.
What MultiPass products can I compare here?
We track 1 MultiPass product: MultiPass Multi-Currency Account. Each entry shows the published fees, requirements and approval details.
How do I apply for MultiPass?
Raqma is a comparison service — we do not process applications. Review the products on this page, then continue to MultiPass’s own onboarding through the outbound links.