Account are heavily regulated - you’ll be creating a new bank account for each pot! A new bank account for each direct debit. You’ll be giving customers the ability to create new accounts at will… every 5 minutes… how many orphaned account numbers will you end up with? Not to mention the regulatory paperwork. Its a non starter…
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This is what I’ve been wanting too - its the only viable solution. If you fail to have enough funds in your pot - then the money should be taken from your main balance to prevent you from defaulting - and you should be told this has happened.
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There isn’t an issue? I’m just saying even when confident, things can still go awry and was just interested to see what people’s thoughts were about the ways in which this could work?
I’m just pointing out there is probably a lot more going on at Monzo than “just pay out of pots” or “just move the money X amount of time before the DD”.
I’m not saying either is better than the other, and because I’m not a bank I don’t know if one is possible or the other isn’t I was just interested in the idea of them.
But then why use Monzo? If you’re not confident they can automate pulling money from a pot… why are you confident they can pay a direct debit from your main account balance?
Its just logic… its code…
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But this is what I’m trying to say - how do we know it is as simple as “pay out the pot” you may for all we know, need to have a “bank account” to allow the DD to go through.
I’m not suggesting being allowed to create accounts at will because it would be a nightmare - I just think that there is more nous and risk in the “committed/bills pot” feature.
But code isn’t infallible - any number of things could cause for one person’s pull through to not operate.
I never suggested I wasn’t confident - all I’m saying is its a factor that needs to be developed iterated and tested.
Is there a ‘get a room’ emoji? 
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I’ve not said it’s easy to implement. I’ve just stated the form I’d like the feature to take and tried to alleviate any fears about the feature failing.
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You do have a bank account - your Monzo account… a pot is an internal thing to Monzo… as far as the DD is concerned its just hitting your Monzo account.
Code can break - sure… but the risk of this breaking is no greater than the risk of Monzos other stuff borking… From what I have seen and heard, they’re competent engineers.
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I fear we just keep going round in circles now.
I agree with your point that its code and the DD doesn’t care where the money is coming from.
I feel like there are limitations as to what is possible with the Pot without having to pull the money through. In which case a number of issues could crop up - that’s factual.
I’m a proponent for the pot I think it is a great idea and is pretty innovative and removes the need for a “separate” bills account - it will naturally have obstacles it will need to overcome and that is what I was interested in discussing.
I think you’re trying to find problems that don’t exist…
Monzo engineered the pot - monzo can make the pot behave as they wish…
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It could be limited to one committed spend pot per account.
Also, many people have multiple accounts, either with one provider, or spread over several providers, for this very reason.
Let’s not forget, Monzo only has the one sort code. There’s just not enough account numbers for pots to have account numbers and sort codes
Edit: also, am I the only one that sees a notification in the feed for direct debits days in advance? The requests appear to be sent days in advance. I have a direct debit due in two days and it’s in the feed as “two days from now.”
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Normally you’ll get notifications for direct debits paid the next day but if the next day is Saturday it won’t be paid til Monday and you get 3 days notice
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Even so, what I’m saying is that Monzo know at least a day in advance exactly when the next DD is going out and the amount it will be (my Plum DDs are always different amounts and yet the amount in my feed is always right when it pops up), so if Committed Spending pots were implemented, they could easily send a notification to say “This will be coming out of Pot A” alongside the DD notification in your feed (or a note like the coin jar transactions so you can tell). If there isn’t enough in the pot, you know in advance and can rectify it.
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Finally - someone who gets it!
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This cannot work - as @rhebden says - Monzo only has the one sort code. Not to mention the auditing issues thrown up by people effectively creating and destroying ‘accounts’ at will…
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Ditto 
I feel like this is a very doable feature once Monzo iron out the kinks on their end. New account numbers shouldn’t really be coming into it. The whole point is to streamline one’s finances and having to keep track of multiple account numbers runs counter to that. One account number to rule them all!
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For direct debits yes, but half of my recurring payments are card payments which don’t work on the same 3 day cycle and can have an irregular payment pattern. Afaik that’s what is causing the main problem
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Recurring card payments definitely look like they’d be a problem.
I imagine Monzo’s first iteration of a Committed Spend pot would only work for Direct Debits and Standing Orders until they can work out a solution to recurring card payments.
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Ah, I see. Recurring card payments are a definite wrinkle. Do we know if those are requested in advance like DDs or are they just instant? If Monzo knows about them a couple of days before, that would be helpful, but we normally have insta-payments where card transactions are concerned…