I thought that would be obvious but apparently not " Digital bank Monzo is being investigated by the Financial Conduct Authority (FCA) over potential breaches of financial crime regulations, the bank has disclosed."
That’s not usually a headline that encourages great confidence in a bank.
“Hundreds of customers of the online bank Monzo say they were left without access to money at the height of the Covid-19 lockdown after the company froze their accounts without warning.”
I don’t really want my account shutdown for no reason anyway Monzo customer service has gone down hill ever since I joined. I will soon be moving away.