You ask, we give. You can now send money abroad from your Monzo Business account!
What have we done?
We’ve partnered with Wise to give you a simple, cheap way to send money abroad. Always using the real exchange rate, with no hidden fees.
How does it work?
Clearly see what it’ll cost you, how much the recipient will get, and how fast the recipient will have the money in their account.
It will be typically lower cost than Western Union, MoneyGram and Xoom, as well as high street banks.*
The best part? You can do it all from the Monzo app.
How do I get started?
You’ll find this new feature in the ‘Pay’ tab, where you can get set up in a few taps. And once you send someone money, we’ll save them as a payee - so you won’t have to type their details out ever again!