BIC and IBAN

[viderz (Martin Jones)]

Hi, i am owed a payment and they are asking for BIC and IBAN. I can find the BIC on my profile.

What is the IBAN?
TIA

[jrmurray86 (James Murray-Ferris)]

Monzo don’t accept them at the moment will have to use TransferWise or another bank account

[glasgow]

This is well worth a read before trying to receive international payments to your Monzo account:

More reliable bank transfers from Europe

Hi all, Since we last updated you in July, we’ve been working to increase the reliability of payments from other countries into your Monzo account. This post is a status report on what we’ve been up to, and what we’re still working on. NatWest is currently our correspondent bank This means that payments to Monzo from other European banks in Euro get to us via NatWest. They have to take an extra “hop” before reaching Monzo, but this lets us take advantage of NatWest’s international presence and…

[viderz (Martin Jones)]

I dont have a transferwise, it it simple the case of setting up an account and transferring funds to them before transferring to Monzo

[Anarchist (Press ‘Help’ search ‘Contact us’ or email help@monzo.com or call 0800 802 1281)]

Yep

[viderz (Martin Jones)]

Final one promise

Is it as equally as good transferring to transferwise as it is Santander or do they offer better rate or no charges etc

[dave.b (Dave)]

I didn’t think Transferwise had IBANs for incoming transfers? Or at least my borderless account doesn’t and specifically says they don’t have this facility yet.

[viderz (Martin Jones)]

Ive signed up and activated the EUR account, just waiting on verification, is this correct I set up EUR then transfer to GBP

[viderz (Martin Jones)]

Thanks, im just happy to get it, paid about £60 for Ryanair flights, was delayed by around 5 minutes longer than the compensation standard and got paid £400 haha

[viderz (Martin Jones)]

Been verified and in app, where do i find the codes?

[alexmh]

For future reference, you can link your new TransferWise account with your Monzo account to send money abroad

[viderz (Martin Jones)]

Found the codes, thanks everyone

[viderz (Martin Jones)]

Just one final thing, I would highly recommend FlightRight if your flight is delayed, no win no fee and they got me money for something i really wasnt expecting to get, they do all the leg work

[viderz (Martin Jones)]

How do i do that

[alexmh]

@viderz

I would highly recommend FlightRight if your flight is delayed, no win no fee

Your travel insurance does this!

@viderz

How do i do that

Under the Payments Tab, then ‘Bank Transfer’ then slide across to ‘International’

[viderz (Martin Jones)]

They rejected any compensation wih insurance tried again with flight right and got paid

[GregsonRu (Ruth)]

Hiya, any plans for this? I like the convenience of having my foreign payments going into just one account with notifications so I don’t need to spend time each month checking I’ve had royalty payments.

[JArnoldi (Justin Arnoldi)]

What is the Natwest Iban for Monzo?

[Rat_au_van (Em)]

Did you want the NatWest IBAN or the Monzo IBAN?

Transferring from NatWest to monzo doesn’t need an IBAN as it’s not an international payment

[JArnoldi (Justin Arnoldi)]

International, Citibank to Natwest to Monzo.
Company does not use transferwise.