Euro current account with separate card

Have a Euro account doing the same as what monzo does with current accounts but allowing integration with SEPA payments and direct debits and have a different card for the Euro account which would work for people who deal with the Euro countries either traveling or day to day banking. At present many have to look to a country like Ireland to open accounts in euros so they can pay Euro to people and have direct debits etc it would work if there is a specific account that allows real exchange rate transfers between the current account and Euro account this will be an extra to monzo current account and an added bonus.

An current account with euro as its currency would be good it would make life easier and having a separate card would be good and to have it work on Apple Pay etc would be good anything to make life easier would help

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Just like Monese do

Monzo can do things differently and moneese isn’t a bank like monzo they are not covered by the financial compensation scheme as they follow prepaid top up card rules monzo can offer as extra Euro savings pots with interest and maybe an overdraft or even credit card for Euro and also credit card for pound sterling too they can do a lot I think


Monzo could offer cash back for using the card and extras like points etc to encourage people to use the Euro card or the current account things that can make monzo stand out

I had monese but gave it up as it wasn’t worth it as it wasn’t worthwhile and I think there can be better provided than currently is on the market

Yes, we know what Monzo COULD do, but my point was that until they do there are other UK options without having to have an account IN Ireland or Germany etc.

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Ive saw what’s available and the cost you pay for having them I use revolut and I pay £6.99 a month so it’s not cheep I mean monzo can do things different to all those available the now to shake up banking

Revolut have max top up or bank transfer in yearly total of £4000 going up to £25000 if they think you can have that limit not guaranteed

Those low limits make it not viable as an account for many people

That’s what I say but their were wary about removing £25000 limit unless they can prove you get more

Day to day use of an account can make it more than the yearly limit and can look more than what you earn cause you move money around regularly and at times take money from savings etc but doing that isn’t income so they can’t raise a limit just how you use an account

If you can prove it you can have a very high limit but it’s on income or tax returns etc not going on use of an account

I had much higher limits after verifying source of funds a few times, before they removed the top up limit indicator from the app… Bit of a pain verifying, because CS is sooooo incompetent.

Now they say they don’t have a limit but the system will automatically block people randomly and you have to go through the verify source of funds then but what if the funds you have don’t have a source like income cause your mum or family give you it that really makes a bad issue worse

While it sounds like a terrible system, you would have a source in that case - a statement showing the payment being sent by your parent/family.

No if cash given originally

Fair enough, but how far would this go? Surely they’re not asking for evidence for minor sums of money, and for large amounts a written letter from the person confirming they gave it to you and the source should be sufficient.

I’ve been asked all sorts of weird questions and if it’s not state benefits inheritance etc etc where there’s paper evedence then they want accept your answer unless your family actually do bank transfer to you I know my mum pays me money in cash so no electronic or paper trail to confirm sources of that income

If this is reasonable sums of money and not in the £xxxx all the time then that just sounds terrible and I’d move elsewhere.

They say it’s UK law to route out fraud and these type of accounts are the ones fraudsters use and virgin money keep phoning me up to see if my monzo top up is real and not fraud cause it’s been used by fraudsters to gain money from people so many times before according to virgin money