Question: if I pay a friend from my Monzo account using their email address (e.g.), will it cost them to access that money? If I sent them £10, do they receive the entire £10 or is there a charge for them? Thanks. Apologies if this question has already been asked and answered. I didn’t find it.
No charge/fees. It’s essentially a normal bank transfer behind the scenes I believe.
No fee. They click the link and put in their details for where it should be transferred to.