PLEASE! This is the issue that is making me slightly regret going “full Monzo”.
I have three children. All three have a building society account at the same building society. I transfer money to those account each week.
The building society has ONE bank account, but each child has a different payment reference so that the money ends up in the correct building society account.
On my old app (Yorkshire Bank’s “B”), I saved three payees, each with the child’s name. Each had the same bank account, but each had the correct payment reference.
Each week, I would choose each child, and send a payment. It took 2 minutes tops.
Monzo however, is a mess.
It only saves one child’s name in the “recent” list - the child I payed first, bizarrely - but it remembers the reference of the child I payed last - so one name, with the other one’s reference. It does list the other references previously used, but it’s hard to know which one is which. (Each child gets different amounts, so I need to get it right).
Paying pocket money is now a nightmare. I have to get the building society books out, and re-check the reference each time. What was a couple of minutes with my old bank is now three times as long as I cross-reference names and account numbers.
Can I add my voice to this request - save payees with set references.
It will be the same when my wife and I on our joint account need to pay off our Barclaycards - same bank account, different references.