Is Multipass available for business in Finland?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson
Availability

Multipass for business in Finland: Available

Key eligibility
For companies, including companies incorporated in Finland; built for international business and accepts companies with or without local presence
Non resident position
Open to companies operating in Finland with or without local presence; it is a UK based electronic money account, not a Finnish bank account
Local currency support
Multicurrency IBAN covering EUR, GBP, USD and 70 plus currencies, with SEPA and SEPA Instant for euro payments
Headline monthly fee
Account maintenance from 100 GBP a month, plus an account opening fee from 500 GBP
Availability and fees as of 13 November 2025Last reviewed 13 November 2025

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

Multipass is available to businesses in Finland. As of 13 November 2025, Multipass offers a multicurrency business account, with a dedicated Finland page, to companies operating in Finland with or without local presence. It provides a multicurrency IBAN in EUR, GBP, USD and other currencies, with euro payments over SEPA and SEPA Instant. Note that it is a UK based electronic money account, not a Finnish bank, so deposit protection does not apply. Verify current terms with the provider.

Does Multipass serve business customers in Finland?

Yes. As of 13 November 2025, Multipass markets a business account for companies operating in Finland, including those incorporated in Finland, and lists Finland among the EEA markets it serves. The account is provided by MultiPass Platforms Limited, a UK electronic money institution, and gives a multicurrency IBAN rather than a Finnish domestic account. It is aimed at international business such as import and export, e commerce and holding companies. Confirm the current position with the provider.

Eligibility for businesses in Finland

Multipass onboards companies and requires identification, proof of business registration, company documents and details of directors and beneficial owners. It accepts companies operating in Finland with or without a local presence, subject to its own risk and acceptance checks. As an electronic money institution it is not covered by the UK Financial Services Compensation Scheme. Verify with the provider

What it costs locally

For a business in Finland, Multipass lists an account opening fee from 500 GBP and account maintenance from 100 GBP a month, with IBAN and local UK and US account details issued free. Getting paid in the EU like a local is listed at 2 EUR and local payouts from 10 EUR, while pricing may vary case by case. As of 13 November 2025

What local users report

Multipass positions itself for international companies that need to hold and move multiple currencies rather than for a simple domestic euro account, and it has received industry payment awards. Experience varies by business profile, and the pricing is higher than many app based euro accounts. Confirm current features and fees with the provider as of 13 November 2025.

How to open Multipass for business in Finland

  1. Confirm your company can meet Multipass onboarding requirements, including business registration documents and details of directors and beneficial owners.
  2. Apply through Multipass and complete verification, noting the account opening fee from 500 GBP and maintenance from 100 GBP a month.
  3. Once approved, use your multicurrency IBAN to hold and send EUR, GBP, USD and other currencies, with SEPA and SEPA Instant for euro payments.
Open with Multipass →

Questions about Multipass in Finland

Is Multipass available for business in Finland?
Yes. As of 13 November 2025, Multipass offers a multicurrency business account to companies operating in Finland, with or without local presence. It is a UK based electronic money account, not a Finnish bank. Verify current terms with the provider.
Does Multipass give a euro account for a business in Finland?
Yes, within a multicurrency IBAN. As of 13 November 2025, Multipass supports EUR with SEPA and SEPA Instant, alongside GBP, USD and 70 plus currencies. Confirm current details with the provider.
How much does Multipass cost for a business in Finland?
As of 13 November 2025, the Finland page lists an account opening fee from 500 GBP and account maintenance from 100 GBP a month, with IBAN issuing free. Pricing may vary case by case, so verify with the provider.
Is Multipass a Finnish bank with deposit protection?
No. As of 13 November 2025, Multipass is provided by a UK electronic money institution, so it is not a bank and the UK deposit compensation scheme does not apply. Verify the current position with the provider.

Availability, fees, and eligibility change. This page was last reviewed on 13 November 2025. Confirm the current position with Multipass before applying.

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