Make it easy to pay personal account from business account

As a one person limited company the main person I pay (apart from HMRC) is myself. I imagine that’s quite a common demographic for the initial group of business account users. It would be very helpful to have an easy way to pay my personal monzo account. I had to go to my personal account, write the account numbers down and then write them into the payee section. This seems really silly given monzo already has all the information and especially annoying copying data around on a phone.

Can we have the personal account as a pre-made payee? The same problem exists with joint account -> personal accounts and vice versa.

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I have this button to move money between my personal and joint account.

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I’m happy enough for it to be able to pick up the account details easily, but not to have any less friction in making an actual payment.

It may be your business, but it’s not your money in the business account. The money belongs to the business until you have a reason to pay it out, e.g. salary or dividend. For that reason I don’t want a “move money between your Monzo accounts” option to include the business account.

Edit: perhaps differs between sole traders and limited companies?

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I have this button to move money between my personal and joint account.

I remember what tripped me up is that there is no similar option for setting up a scheduled payment from your account to joint account. That has to be copied across manually.

You can vote for Monzo-to-Monzo scheduled payments here:

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Yes, agree. Just want a payee already setup that perhaps is not editable and has extra info so I can be clear it’s the right one. Definitely don’t want the same feature that personal/joint has.

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