Is MultiPass available for business in Belgium?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 28 November 2025
Availability

MultiPass for business in Belgium: Available

Key eligibility
A company incorporated in Belgium or another supported country, passing standard checks on the business, its directors and its owners. MultiPass lists Belgium among the countries whose incorporated companies it can onboard.
Non resident position
MultiPass markets remote onboarding to international businesses and can serve a Belgian incorporated company without requiring a local presence. Eligibility depends on the company activity and the documents provided.
Local currency support
A multi currency account with a dedicated IBAN, holding and exchanging euro, pound sterling, US dollar and other currencies.
Headline monthly fee
MultiPass advertises an account opening fee from about 32 euros and a monthly fee from about 32 euros, with other charges depending on currency and payment route.
Availability and fees as of 28 November 2025Last reviewed 28 November 2025

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

As of 28 November 2025, MultiPass can serve business customers in Belgium. MultiPass is a UK based electronic money institution that provides multi currency business accounts, and it lists Belgium among the countries whose incorporated companies it onboards. It is not a deposit taking bank, so funds are safeguarded under electronic money rules rather than covered by a deposit guarantee scheme. Confirm eligibility and current pricing with the provider before applying.

Does MultiPass serve business customers in Belgium?

Yes. MultiPass is an electronic money institution authorised and regulated by the UK Financial Conduct Authority, providing multi currency business accounts rather than traditional bank accounts. It markets accounts to companies incorporated across the United Kingdom and the European Economic Area, and lists Belgium among the supported incorporation countries. A Belgian incorporated company can apply remotely for a dedicated IBAN to send, receive and exchange euro, pound sterling, US dollar and other currencies. Because MultiPass is an electronic money institution and not a bank, customer funds are safeguarded rather than protected by a deposit guarantee scheme. As of 28 November 2025.

Eligibility for businesses in Belgium

MultiPass onboarding requires a company incorporated in a supported country such as Belgium, with verification of the business, its directors and its beneficial owners. Acceptance also depends on the company activity, since some sectors are restricted. The provider markets remote onboarding, so a local presence is not always required, but the final decision rests with MultiPass. Verify with the provider

What it costs locally

MultiPass advertises an account opening fee from about 32 euros and a monthly fee from about 32 euros, with incoming local payments often free and outgoing and currency exchange charges depending on the route. Exact pricing for a Belgian company is confirmed during onboarding. As of 28 November 2025

What local users report

Businesses that trade across borders report using MultiPass for a dedicated multi currency IBAN and for sending and receiving in several currencies. Because it is an electronic money institution, some users note that funds are safeguarded rather than covered by a deposit guarantee scheme, which differs from a bank account. Confirm the current feature set and protections before relying on them. As of 28 November 2025.

How to open MultiPass for business in Belgium

  1. Confirm your Belgian company details and check that MultiPass can onboard your business activity.
  2. Apply online and complete identity and business verification remotely, providing documents for the company, its directors and its owners.
  3. Once approved, receive your dedicated IBAN and start sending, receiving and exchanging in euro, pound sterling, US dollar and other currencies.
Open with MultiPass →

Questions about MultiPass in Belgium

Is MultiPass available for business in Belgium?
Yes. As of 28 November 2025 MultiPass lists Belgium among the countries whose incorporated companies it can onboard, providing a multi currency business account with a dedicated IBAN. MultiPass is an electronic money institution, not a bank. Verify the current position with the provider. This is general information, not advice.
Is MultiPass a bank?
No. MultiPass is an electronic money institution authorised and regulated by the UK Financial Conduct Authority, providing multi currency business accounts and payments. Funds are safeguarded under electronic money rules rather than covered by a deposit guarantee scheme, as of 28 November 2025. Confirm the current protection terms with the provider.
What currencies does MultiPass support for a Belgian company?
MultiPass provides a multi currency account with a dedicated IBAN that can hold and exchange euro, pound sterling, US dollar and other currencies, with payments to many countries. The exact currency list is confirmed during onboarding, as of 28 November 2025. Verify the current position with the provider.
How much does MultiPass cost?
MultiPass advertises an account opening fee from about 32 euros and a monthly fee from about 32 euros, with further charges depending on currency and payment route, as of 28 November 2025. Confirm current pricing with the provider before applying.

Availability, fees, and eligibility change. This page was last reviewed on 28 November 2025. Confirm the current position with MultiPass before applying.

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