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

[Laen (Jamie Taylor)]

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

[anon95680666]

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

Getting money into my Mondo Bank Account

Hi @Smallhorse, all very good points! For cash and cheques we’ll have to work with third party organisations. We’re currently looking at either using post offices or even legacy bank branches. As a bank we’ll also connect to electronic payment schemes such as Faster Payments and BACS so you can receive money by bank transfer to your account number and sort code. Cheers, Jonas

[beningreenjam (Ben Green)]

The main discussion around cash deposits has happened here

Paying cash into the account

If I’m going to make Mondo my only account, I’ll need to be able to pay cash to it as I sometimes have £200-1,000 in cash that I’ll want to have in the account rather than stuffed under the mattress. How’s that going to work?

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

Deposit cash

Hope it doesn’t sound as a weird request, but I find myself with cash in my hands from time to time and I’d love to deposit them on my Mondo card. I know the Royal Post pre-paid card allow you to do this and would be nice to have this feature in Mondo too.

and just refreshed and spotted @anon95680666’s post lol

[Laen (Jamie Taylor)]

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

[anon44204028]

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.

[chris1685 (Chris Corcoran)]

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

[anon44204028]

depends on the bank/card company