Hi, when will this be available as Halifac now do it?
Please have a search. This is covered a lot and itâs not coming, probably not ever, but definitely not anytime soon.
I canât help but think Monzo are being totally mulish about refusing to develop this basic banking feature. Why donât they just get on and do it, instead of giving us an eclectic mix of clever-clever stuff that nobody thought to ask for anyway?
If I recall correctly, itâs because they only have two opportunities per year to join the cheque clearing system, and it would require a substantial amount of work to do this (plus the work to do the imaging). And theyâd probably prefer to work on other things right now.
You do recall correctly, but I also remember that at least 3 years ago the threads in this forum said that they were very close to having developed the feature and would be joining the system at the next opportunity. Then they backed off. And âworking on other thingsâ is exactly my point.
Because they donât want to.
Iâm not sure what else youâre after. It may not be a response you like but itâs one that theyâre perfectly entitled to make.
The popular and highly requested things they launched instead?
Iâd much rather the things theyâve launched recently than an old system that is dying off.
Although cheque imaging is useful, at the end of the day, Monzo arenât preventing anyone from doing it, theyâre just encouraging their customers to experience other banking apps.
For me, it is good that Monzo donât offer it. Iâd never have opened a Starling account otherwise.
Same old conversation that pops up every time a thread like this appears. Doubtful itâs coming any time soon as the focus is on other things that generate a profit.
I use it quite a bit on the HSBC app and it works well. Itâs always good to spread your risk by having a couple of accounts. So you could take out another account with banks that offer it. Easy to transfer the money to your Monzo account.
âItâs good that Monzo donât offer itâ?
Really?!? Part of my issue with Monzo is that they donât even get the basics together before working on new features.
Like cash deposits, this should have been high up on the list.
Monzo needs to expand to the broader market which means it should at least have functions that basic banks have.
IMO.
Iâve deposited plenty cash
Every six monthsâŚ.
Then donât pay in as much or choose another account.
ÂŁ1,000 every 6 months is the limit, donât like it, thereâs plenty choice of other banks to use.
Cash deposits arenât something Monzo want to focus on
If Monzo want to increase their base, they need to offer facilities on a par with banks.
They have gone through the âtech crowdâ, they now need to focus on âmainstreamâ.
Just IMO of course, itâs fine to disagree .
The thing is Monzo disagree with you too. Do you really think they havenât run the numbers, if they even thought it would make them money, theyâd do it.
Over 5m customers is way beyond the tech crowd.
Iâve not deposit a cheque in the last 18 months, and canât remember the last time I had to deposit cash, probably around 2 years ago.
Quite content without it however I do have other accounts that support this, but Iâm not expecting to use them much at all.