Monzo Business Charges

Monzo Chat Business Banking
1

Hi everyone. I’ve just joined the forum after creating my new Monzo Business account.

This must have been answered before but I can’t find it in the Monzo App nor here in the forum

Am I correct in thinking that Monzo Business does not charge non-sterling transaction fees and simply uses the standard Mastercard exchange rate if I pay a supplier in US $, online?

Also can anyone give me a link to check out Monzo’s fees for a Business Lite account generally.

Many thanks.

2

“Debit card payment in foreign currency: £0”

So ye, it’ll just be charged at the MC FX rate

1 Like
3

Thank you Jo