I am new to Monzo so have a 04-00-03 sort code. I am trying to switch my Barclays mortage direct debit to come from my Monzo account but Barclays told me they only accept 04-00-04 sort codes from Monzo and there is nothing they can do about it. I have lodged a complaint with Barclays in the hopes they will update their system.
Yep I saw similar articles online and mentioned that in my complaint to Barclays. The article doesnāt say how it was resolved so hoping someone can share some more details. Itās strange they havenāt seemed to address the issue in all this time.
Try calling. If itās simply a form error rejecting it as a valid sort code, customer support agents are almost always able to override it and update it for you.
Had this problem with Chaseās sort code too, and thatās how I got it sorted.
I did call them originally and the agent told me my best bet was to lodge a complaint because there was nothing heās able to do until the relevant team resolved the underlying issue
Barclays enjoyed a, in my opinion surprising, decent reputation for technology on this forum a few years back, but my personal experiences have been that anything shiny is the very thinnest veneer over ancient systems that barely cope. I cannot even update my statement preferences as it wonāt accept the existing email address I have on file even though that is read only during the process
Their internal customer relationship management system is pretty coolā¦It looks way better than the 1980s stuff of other banks. Before anyone yabbers on, I didnāt work there.
Update: Barclays called me this morning and says they donāt know why the direct debit was failing and that all Monzo accounts are now recognised since February. They offered Ā£75 as compensation for the inconvenience and said the direct debit should be confirmed tomorrow
I use it for some things, but mostly cashback. I donāt mind them, the app works well, clean looking and Iāve never had issues with the few things I use it for.
Had it since LloydsTSB and I was converted into TSB. Never had a problem.