Your Business Account in Italy 🇮🇹

Q: Can foreigners open a business bank account in Italy?

Yes, foreigners can open a business bank account in Italy. The process typically requires identification documents, proof of business registration, company documents, tax identification number (codice fiscale), and potentially additional information as per the bank's requirements. Contact the chosen bank for specific documentation and procedures.

Q: Can I open an Italian business bank account online?

Some banks in Italy offer the option to open a business bank account online, but it may vary among banks.

Q: How long does it take to open a business account in Italy?

Opening a business account in Italy can take varying timeframes depending on the bank, their requirements for documentation and compliance procedures. On average, it takes a few days to a couple of weeks to complete paperwork, checks, and set up the account. It's a good idea to contact specific banks for more accurate information about how long their process usually takes.

Q: What do I need to open a business bank account in Italy?

To open a business bank account in Italy, you typically need identification documents (such as passports or ID cards) for all account signatories, proof of business registration (such as certificates or articles of association), tax identification numbers (codice fiscale), proof of address, and potentially additional documents depending on the bank's requirements. Contact the chosen bank for specific documentation and procedures.

Open a business account to operate in Italy with or without local presence. Get multicurrency IBAN to manage EUR, USD, GBP and other currencies just like local companies do.

Open account

A single solution to bank overseas

Be where your clients and partners are - With MultiPass multi-currency account do business with partners, clients and contractors both globally and in local markets. Hold, send & receive money in multiple currencies and convert only when needed, at great FX rates.

Within Italy 🇮🇹

Account details:

IBAN (EU & global)

Currencies:

EUR

Supported payment networks:

SEPA, SEPA Instant

Delivery time:

0-1 business day

The rest of the world 🌍

Account details:

IBAN (EU & global)

Account number & Sort code (UK)

Account & Routing numbers (US)

Currencies:

EUR, GBP, USD & 30+ currencies

Supported payment networks:

SWIFT, SEPA, SEPA Instant, Faster Payments, ACH, Fedwire, 10+ local networks

Delivery time:

0-2 business days

Reliable & transparent banking, designed for international business

Worldwide transactions

Transact in 30+ currencies across 180 countries. Get your own dedicated IBAN and local UK, EU & US accounts. Make fast multi-currency payments globally via SWIFT or local payment networks.

Wholesale FX rates

Perform live FX and move money between your own accounts with ease. MultiPass gives you access to wholesale exchange rates that guarantee significant savings versus traditional banks.

Business cards

Handle your daily corporate expenses easily with your own virtual and plastic payment cards. Order and manage your cards 100% online from your MultiPass business account.

Dedicated support

No bots or automated replies!
A dedicated banking expert that understands your business nature with help you out with any questions and ensure smooth delivery or your payments.

Digital onboarding

Onboard and manage your account entirely online, wherever you are. Our team will guide you through the onboarding so that you can be up and running within days, not weeks.

Trusted service

MultiPass is a UK-based FCA-authorised EMI. MultiPass is part of the Dyninno Group, an international holding with over 19 years of experience in the global market.

How to send money to Italy 🇮🇹 with MultiPass

Convert your currency to EUR

Save on FX vs traditional banks. Hold EUR in your account and avoid unnecessary conversions.

Choose recipient in Italy

Make a payment to their local account details

From 0.50 GBP per payment

Payment delivery up to 5x faster than SWIFT

Pricing

Account opening

29-450 GBP

Account maintenance

29-250 GBP/month

IBAN + local UK, US details issuing

Free

Please note that pricing may vary from case to case. For more information, visit the pricing page.

Get paid in EU like a local

free to 1 GBP

Share your new account details with your customers in the EU, allowing them to pay you as easily as they would a local company.

Pay overseas staff cheaper & faster

from 0.50 GBP

Local payouts offer significant savings vs international SWIFT transfers, which is perfect for companies that regularly pay salaries to overseas contractors.