Depositing money into your account when Monzo becomes a "Full Bank"


(Jamie Taylor) #1

When Monzo becomes a full bank I want to switch to Monzo as my main bank. However, I am paid in cash weekly at my current job. I usually deposit my wage into my bank account via my local post office every week, just wondering what the process for getting our money into Monzo will be when it becomes a full bank


Depositing cash into current account?
( related to Monzo CEO, Investor in Monzo ) #2

by typing " paying cash in " in the top right hand search feature I found this post -


(Ben Green) #3

The main discussion around cash deposits has happened here


but has also been discussed here
https://community.monzo.com/t/depositing-cash/5969?u=beningreenjam&source_topic_id=6693
and here

and just refreshed and spotted @iansilversides’s post lol


(Jamie Taylor) #4

Thanks guys, should have probably searched first… i always forget about it.


(Richard Müller, Consultant) #5

I use PayPoint very successfully with a Monese account with cash credits near instantaneous. However cash deposits at Post Office to Lloyds or TSB take over a day.


(Chris Corcoran) #6

Hi there, i also love this idea of payponts as a deposit for cash payments but if im right using a paypont dont it incur a charge like paying into your monese account?. Thanks Chris


(Richard Müller, Consultant) #7

depends on the bank/card company