In the terms https://getmondo.co.uk/terms/ section 2.3 it talks about loading the card from bank accounts and what happens if the currencies don’t match.
One of the features I like about mondo is the use of the interbank exchange rate when spending in foreign currencies. Would this rate be used if I sent Euros to my account from a European bank? Is this even possible?
At the moment we don’t support standard bank transfers because we’re not a bank yet. However, you can load your card by transferring to a specific bank account – the rate would be decided by your bank though, not us Does that make sense?
URGENT QUESTION: I have a EUR debit card (MasterCard). Can I use this to load EUR onto my Monzo account, to be then spent in Europe (in EUR obviously)?