IBAN and Euro accounts

[tinuviel]

Hello!

Any current updates on the IBAN situation? And perhaps a Euro account for personal and joint customers.

How did Starling do it? I am sure these banks could easily get such licences or permissions.

Monzo please provide an update. Thanks!

[Anarchist (Press ‘Help’ search ‘Contact us’ or email help@monzo.com or call 0800 802 1281)]

@tinuviel

Monzo please provide an update. Thanks!

Good luck.

[Ordog]

No updates and no plans are announced. You’ll not get an update ‘on demand’ from Monzo either unfortunately.

Instead of creating a new topic about this it would be best advised to add your comments (and most importantly vote) into the existing one. This way Monzo can see exactly how much demand there is instead of spreading it across various topics where most will likely get overlooked.

[tinuviel]

Such helpful and friendly responses

Could you be so kind to point me to the post with the most votes so that I can vote for it. Searching for IBAN and euro account yields loads of results on the forum.

Thanks

[Revels]

You can alter the search to look for the one with most votes, which by the looks of it is this one, with 4.

IBAN no on Monzo Account

Hi, New here, so not sure if this post is in the right place. I had very high hopes from Monzo, only to have the hopes crushed within minutes of using the app… I have just moved to the UK and needed an UK bank account. As Monzo is a modern bank with a modern app compared to the other ‘stone age’ banks in the UK. However, when my employer (who uses a Dutch account) asked my for my IBAN I could not find it. I used the in-app chat to try and find it, but was met with the message that Monzo does…

And this post

IBAN/SWIFT Discussions

At the moment whether or not you can receive euro payments depends on the sending bank. Right now we have a correspondent relationship with another bank for euro payments, but this only works for non-SEPA euro payments. If the bank you send the money from is able to send non-SEPA euro payments and can discover our correspondent, the money will reach your account. Right now we can’t receive SEPA payments as we haven’t joined the SEPA Credit Transfer Service. If the sending bank only attempts to …

“in the coming months” nearly 2 years ago. So I wouldn’t hold out much hope.

[Ordog]

Could you elaborate on what was unhelpful about my comment please?

I explained that you’re not going to get a response from Monzo and guided you on what you need to do and why