Really glad to see the full bank launch moving up the schedule in the roadmap!! Can’t wait for it to be here
It does raise the question of current account switching services, the last reference I saw to this (besides it being late on the roadmap) was back in August '16. I just wondered what the process would be moving from a ‘traditional bank’ to Monzo full-time as my main bank account.
The last time I switched, I went between 2 ‘normal’ banks and with that came the 7-Day switch service we all know and love! This saved time and a lot of effort on my part, moving all of my direct debits over pretty much instantly. Leaving me to tell my employer where to send my wages
Will I (and fellow Monzonaughts ) need to manually transfer all direct debits over to the Monzo current account once it launches? Or is there a chance it’ll be handled automagically?