One off large expense

I realise that there is a daily limit of £10,000 but I’m looking at purchasing a new car for £20,000 how would I do that from my Monzo account?
Thanks.

1 Like

If you contact COps in app they can arrange a temporary limit increase. At least 24 hours notice I think.

4 Likes

Great to hear, thanks.

1 Like

I did it a few weeks ago. I just ended up agreeing to pay half the money one day and the rest the next day - this not going over the £10000 limit. COPS did say that I could change limit but they needed 24+ hours and the details of the transfer.

1 Like

what details did they ask for?

these were the requirements I was told when asking to increase my limits to purchase a one off - it might have changed of course - easy to ask in app :slight_smile:


3 Likes

Same info requested from me.

1 Like

This information should probably be somewhere in the help section (I couldn’t find it).

2 Likes

This topic was automatically closed 180 days after the last reply. New replies are no longer allowed.