I’m currently living in France and I’m settling in UK next week. So before arriving, I tried to open a Monzo account yesterday but unfortunately my request was declined without any more details given.
I understood I need to be a UK resident to open an account but here’s the thing, I signed a tenancy agreement a few weeks ago so I don’t get it.
Is it possible my request has been declined because I am currently a French tax resident ?
It is becoming quite annoying since I’m going to need a bank account really soon now… I didn’t expect it to be this tough.
Can you enlighten me on that matter?
Hi. Unfortunately nobody here can tell you why.
You can email them (
email@example.com) but it’s unlikely they’ll tell you why.
A very recent tenancy agreement probably isn’t enough though.
I would assume it’s down to lack of address history. But I’m purely guessing.
I’m assuming your credit report checks are coming back empty so unable to see if you are a good egg.
You might find the same issue with Starling Bank.
Anyway try Monese instead as a suggestion
a French tax resident
If you put that on the form when signing up - more than likely that’s the issue.
You may want to try with another bank, say Starling and not mention that. You’ll be a UK tax resident when you eventually use the account anyway. Starling and Monzo are very similar and have pretty much the same feature set.