New EMI, fees look alright. I’ve gone and signed up for the waitlist. Even if they’re bad, it’s another card for the collection.
I’ve already had my invitation code, time to sign up and see what it’s all about.
And I’m in. Very quick, very simple application! Instant access to virtual card, physical card is on the way.
From their site:
Don’t have a traditional ID? Simply ask a friend to vouch for you. Getting started shouldn’t be a barrier.
There’s surely got to be more to that
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Here’s some screenshots of the app. It’s reminding me of thinkmoney. They seem to have a similar sort of goal, but just with less fees.
In the nicest way possible.
Do you just sit and scan the FCA for new licenses being given out? 
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For this one, no!
So yk this post office card. Well tomorrow I need to withdraw cash from it. And then I need to deposit it. I went on the post office website here to see if Nationwide was offering cash deposits yet (they’re still not), but in the list I saw DOSH, and I’ve never seen them before, so I looked up their website, saw they’re new, and posted them on here for everyone to then collect the card!
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Also ain’t you off getting new accounts
I should say you “were” off getting new accounts…
Christ. “My mate Bob says I’m good with money and he will tell you the same so give me an account”.
It won’t last long with that kinda setup.
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That must break some sort of law somewhere? Or like FCA rules?
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I quite like that card.
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I assume that ‘Dosh’ refers to money, that’s a term I haven’t heard in a very long time. Reminds me of my mother, she used to use it. And I’m not that young myself 
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Account opening was very quick, albeit a lot of emails.
Depositing at post office is free as well. Not many EMIs offer that.
4 emails I got telling my my ID was accepted and that my account has been opened
At least the fees aren’t like the predatory ones of PockitMonese or thinkmoney.
Only chargeable activities are international spending at 3%, 50p UK ATM withdrawals, £1 international cash withdrawals, and £5 for a returned direct debit. These seem very reasonable, aside from the returned direct debit, whatever that is?
Whereas PockitMonese would charge you for adding money, taking money out, withdrawing, direct debits, alongside a monthly fee. Same with thinkmoney.
BKYC
Bob Knows Your Customer
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Dosh is quite a well known term for money. Other examples are “spondulics” and “filthy lucre”
I’m sure there are many other terms in different parts of the UK.
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Last time I asked, he said “promises are meant to be broken”.
Immigration law maybe. But they’re an EMI and not a bank so maybe that’s why they get away with it. Monzo did at the start with foreign passport holders coming from high AML risk countries.
I’d give them less than 6 months with this level of KYC checks.
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It’s not my fault new accounts come out that I have an impulse to open
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