Monzo UK & US Account - Any chance of international transfers between Monzo accounts at competitive rates to challenge Transferwise?

I have a Monzo account in the UK as a resident but I am working in the USA on a visa as a non resident alien. I send home on average $2,000 a month back to a 1st Direct Account via Transferwise but Transferwise fee’s have rocketed since launch. I am likely to use a Chase checking account to make use of the free ACH transfers to Transferwise. However, surely inter-Monzo transfers could be hyper competitive?

Just a thought from a Simpleton… GL guys the market for challenger banks is heating up!

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Just out of sheer curiosity, what were the fees before, and what are they now?

Hey Jamie, this is the latest increase (circa 37%) which was quick for me to find:

Errrr…am I the only one who was hoping/expecting this to be free?

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