Hi does anyone know if Monzo is processing cheque payments through post into its London address as normal?
Yes - can take a week or few
If itâs a high amount I suggest sending it tracked or if youâre in a hurry deposit it in at a high street bank which takes few days to process
All the info here. They are doing it still, just slowly
You just write a âFreepostâ number on the envelope. I wouldnât send it to a London address⌠Details in your app
You can do both - FREEPOST MONZO (10 working days to arrive, then 4-6 working days to process), or stick a stamp on and post to Monzoâs PO box. The second option is recommended.
âŚso the article says. The instruction in the app (Android) give only the FREEPOST method however if you click through to the âhigh value chequesâ section it gives a âusualâ London address (i.e. not a PO address). On neither app page does it say âtake a pictureâ. Inconstancies everywhere!
I wonder where the threshold for âhigh value chequesâ starts? I guess itâs all relative.
They are. But if the cheque is for less than ÂŁ500, you can open a Starling account now and be spending the money before Monzo have even received the cheque.
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