I asked this a couple weeks ago via Facebook messages. They invited me to this forum.
So, I was wondering if Monzo could start offering custom account numbers. I don’t know any bank that offers this. As long as some account number is not taken yet, why not to offer it for a one-off fee? If the price was reasonable, I’m sure lot of people would be interested to have the account number they like. What do you think and how much would you be willing to pay?
Account numbers are not sequential increasing by one number for each account nor are they truly random. Also there are numbers which are not used (possibly entire ranges). It was detailed many years ago by @Rika
So basically - not possible, nor would there be any return in it for Monzo unless you think custom account numbers, which are allowable account numbers, could be sold for thousands.
The advantage is that it might be either your favourite number or simply a number that is easy to remember for you. Don’t you know that millions of people around the world spend money on things they don’t really need? But they want them anyway.
I know they are not seqeantialy increasing. Custom number means, you can have it if it’s still available, not assigned to someone else. Same as with custom car plates.
Same as flashing Amex card when paying with it. Yet people like to do it. But like I said, it can be simply your favourite number or a number that you can remember easily. I have 10 current accounts and some numbers are “mess” so I can never remember them. Others are nice, easier to remember so I don’t need to open my app and find it every time I’m giving my details somewhere.
I don’t need to remember all 10, but Monzo is the one where I receive my salary and which I give to my friends/colleagues when they need to pay me back for something.
Last time couple weeks ago? I gave my number to several people. Either friends and colleagues from work. Lots of people want to borrow 20-30 quids from time to time, later they pay it back. Or we split bills, etc.
When I moved to the UK I was surprised with this obsession to not give your bank account details to anyone…