Foreign Currency

[alexs (Alex Sherwood)]

But yes, as Jpiz points out, there are no fees or charges when you use Monzo abroad -

Using my Monzo card around the world

Monzo is your best option, there’s no fees (even hidden fees, like the one’s your “no commission” services charge) for conversion of currencies or using ATMs. Foreign ATMs may charge you for withdrawing money, of course but that’s not a Monzo charge. You check the MasterCard exchange rate here. Take a look at this blog post for more tips https://monzo.com/blog/2016/07/06/how-to-travel-with-mondo/ You could also try creating a ‘Monzo in country name’ topic, to ask for advice about using Monzo…

you’d only need this feature if you wanted a way to receive transfers in foreign currency / store foreign currency etc.