Yesterday I was lucky enough to receive my current account invitation, as part of the signup process it asks if you have nationality or citizenship in any other countries. Since I have dual NZ/UK nationality 
I selected yes and then it asked me for my tax number for NZ. I donāt have a problem with supplying this information, but Iāmt curious as to why Monzo needs to know this? I assume itās some sort of legal requirement.
Something to do with regulations regarding foreign transferring and money laundering, perhaps?
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I am duel Canadian/UK and I was asked for my SIN (which I donāt carry around a) because itās a bit of paper b) why would I need it in the UK!?) when I signed up at the launch event. There was a button for āI donāt have this right nowā and I completed sign up as normal.
I donāt know if Iāll be asked for it again but I assume if there was some kind of legal requirement for it I would have been forced to enter it?
I was in the same case as you @kiwi - dual UK/NZ nationality. āLuckilyā, I donāt currently have a NZ tax number so I just had to tick āUKā. Little bit unnerving (as I hadnāt been asked for details by other banks before), but alright in the end.
I fortunately (unfortunately?) had my IRD number to hand so entered it in. I would have assumed it wouldnāt have let me continue had I not entered it. Interesting to know you can progress without it, seems like invasive data collection if it isnāt actually required for signup.
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There is some information here.
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