Monzo - 2019 - Will it Thrive or Fail?

[Chapuys (Kevyn)]

I assumed everyone knew Natwest cleared Monzo’s cheques and acted as Monzo’s correspondant bank. It has been mentioned a few times.

Cheque processing: a bit slow?

I’m really sorry to hear about the delay For clarity here, we are not a member of the Cheque and Credit Clearing Company so we don’t process cheques ourselves and our processing time is not included in the 4 day period. Sadly it can take a while for cheques to reach us, particularly if they get posted over a weekend or bank holiday. Cheques are usually processed on the day we receive them and are bulk scanned through a fancy machine and noted as received on your account. They th…

Receiving international payments with Monzo