Cash withdrawals in the European Economic Area (EEA) are now free!

Try and use your Monzo card for payments as much as possible and use local currency option. You’ll get a better exchange rate and no fees. This blog explains a bit more:


Enjoy Munich! :slightly_smiling_face:

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I have always been under the impression that I got a better rate getting the € abroad, certainly in Spain anyway. The main problem is the loss on exchange to £ when back home. Answer = keep traveling. :grinning: R-

There’s a referral wiki here for your referral code :+1:

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Which law is that, out of interest?

Just wondering how the government justified incorporating this into UK law but allowing UK mobile phone companies to bring back EU roaming charges.

Regulation (EC) No 924/2009, of 16 September 2009 on cross-border payments in the Community as amended by Regulation (EU) 2019/518 amending Regulation (EC) No 924/2009 as regards certain charges on cross-border payments in the Union and currency conversion charges

Their UK versions are

The amendments that automatically came into force on IP Completion Day are The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 Part 6 Regulation 72. Note that the legislation.gov.uk have not yet applied these to the above amendments to the version shown above.

IP completion day was the 31st December 2020.

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