Is MultiPass available for business in India?

Availability

MultiPass for business in India: Available

Key eligibility: Businesses incorporated and resident in India, including private limited companies, LLPs and proprietorships, onboarded online subject to know your business and compliance checks
Non resident position: MultiPass opens a business account for companies registered in India without requiring a separate local presence beyond the registered entity. It is an electronic money institution account rather than a locally licensed Indian bank account
Local currency support: A multi currency account that can hold, receive and send INR alongside EUR, USD, GBP and other major currencies. Confirm your exact currency list with the provider
Headline monthly fee: Pricing is quoted on application and varies by plan, so MultiPass does not publish a single standard monthly figure for India. Request the current tariff before opening

Availability and fees as of 7 December 2025Last reviewed 7 December 2025

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

Yes. As of 7 December 2025 MultiPass lists India among the countries it serves and lets a business registered in India open a multi currency account online to hold and move INR, EUR, USD, GBP and other currencies. It is an electronic money institution account, not a locally licensed Indian bank account, so verify the current terms with the provider.

Does MultiPass serve business customers in India?

MultiPass names India in its list of supported markets and offers a business account to companies incorporated and resident in India. Onboarding is completed online, and the account is provided by MultiPass as an electronic money institution rather than by a bank holding an Indian licence. The proposition centres on cross border payments and multi currency holding rather than domestic Indian banking services such as cash deposits or local lending.

Eligibility for businesses in India

MultiPass onboards businesses that are incorporated and resident in India, subject to know your business checks. Expect to provide incorporation and registration documents, identification for directors and beneficial owners, and information on the nature and source of your business activity. Approval depends on the compliance review and your business profile. Verify with the provider

What it costs locally

MultiPass quotes pricing on application and varies it by plan and usage, so it does not publish one standard monthly figure for India. Costs typically include an account or plan fee, currency exchange charges, and per payment fees for incoming and outgoing transfers. Request the current tariff before opening so you can weigh it against your expected volume. As of 7 December 2025

What local users report

Public coverage of MultiPass focuses on its multi currency account and cross border payments for small and mid sized businesses. Reported experiences vary by business type and compliance profile, and we do not hold verified India specific user data. Treat third party reviews as anecdotal and confirm the position that applies to your business with the provider.

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