It’s great to see some new features being introduced to the app! And as @kieranmch mentioned, this is only the beginning.
I’m just not sure if this feature is one that will help make Monzo profitable – their aim should be to get people to make Monzo their primary account. This is mainly for people with money in other accounts who want to transfer a bit of money to Monzo, and won’t incentivise getting paid into Monzo
Great feature. Tested it and when it was switching back to Monzo from my other bank (NatWest), it stalled on the log in, Face ID (iOS) didnt operate and I had to press ‘try again’
Entered passcode, selected account and confirmed amount to transfer to Monzo
Then I’m taken to Safari browser which provides link back to Monzo app
Goes straight back to inital screen where I input the amount of money to transfer
May be a silly question but screw it. Is there an easy way to transfer money between my Monzo current account and Monzo business account? Perhaps I’ve missed the way to do this.
Edit: Easy transfer works via Natwest now! Awesome
Barclays - “OBA19 Sorry this feature is currently unavailable. Please try again later.”
edit: probably because I moved phones recently, under Settings > 3rd-party permissions there’s a dialog that the feature may not be available for 10 days
What, erm… what’s the point of this feature? Is this supposed to be useful in its own right (if so, how?), or is this merely an early test of opening banking and aggregation tools (in which I can completely see the benefit)?
Nationwide all good, although I had to select what I was paying for in a drop down and then tick to confirm I wasn’t the victim of fraud.
One thing (which is a Nationwide / Confirmation of Payee issue): I transferred a pound then transferred it back using the link on the incoming transaction screen. Because Nationwide present incoming payments as surname first it then fails CoP outbound, even when you’re just using default values. Which seems a bit odd.