Multipass for business in Switzerland: Unclear
- Why unclear
- Switzerland is not on the Multipass priority list and is not in the European Union, so a Swiss company falls under the jurisdictions Multipass reviews individually.
- Priority jurisdictions
- The European Union, Britain, Canada, Gibraltar, Hong Kong, Singapore and the United Arab Emirates
- IBANs provided
- British and United Arab Emirates IBANs, multi currency, with no local Swiss franc IBAN
- Who it serves
- Corporate entities only, not individuals
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Multipass serve business customers in Switzerland?
The position is not clear cut. Multipass is a UK based provider of multi currency corporate accounts, and it states that it opens accounts with priority for customers in a defined set of jurisdictions, namely the European Union, Britain, Canada, Gibraltar, Hong Kong, Singapore and the United Arab Emirates. Companies from other jurisdictions are considered individually. Switzerland is not in the European Union and is not on that priority list, so a Swiss registered company is in the discretionary category rather than a confirmed served market. As of 15 August 2025.
Why the position is unclear for a Swiss company
Because Switzerland is reviewed individually, acceptance depends on the specific structure and activity of the business, the directors and owners, and Multipass risk assessment at the time of application. That means a clear availability answer cannot be stated in advance for a Swiss company. Treat it as unclear and confirm with Multipass before relying on it. If Multipass does open an account, it would issue a British or United Arab Emirates IBAN rather than a local Swiss franc IBAN. Verify with the provider
What Multipass provides
Multipass offers remote onboarding for corporate clients and multi currency accounts with British and United Arab Emirates IBANs, aimed at cross border payments rather than local domestic banking. It does not provide a Swiss franc local account, so even an approved Multipass account would not replace local Swiss franc banking. Confirm the current currency support, IBAN types and fees with Multipass before applying. As of 15 August 2025
Alternatives that serve businesses in Switzerland
Because the Multipass position for a Swiss registered company is unclear, a business in Switzerland may prefer providers with a clearer position. The right fit depends on whether you need local Swiss franc operations, multi currency collection and payments, or card and spend management. Confirm current availability and terms with each provider before applying, as of 15 August 2025.
Questions about Multipass in Switzerland
Is Multipass available for business in Switzerland?
Why is the Multipass position for Switzerland unclear?
What currencies and IBANs does Multipass provide?
What can a Swiss business use instead of Multipass?
Availability, fees, and eligibility change. This page was last reviewed on 15 August 2025. Confirm the current position with Multipass before applying.