I have previously used my Monzo account to take withdrawals from Paypal, however, when trying to do this today Paypal would not let me choose my Monzo to withdraw to. There is now a note to say Paypal will not let transfers happen to online only banks. Anything on Monzo addressing this?
Start an in app chat to make them aware of the problem
Say what? That sounds very wrong.
I ended up withdrawing to partners account who then sent over to Monzo.
I’m going to transfer in a small amount to Paypal and get a screenshot of the ‘online only’ account if this happens again when attempting withdrawal.
it appears that this was a one-time issue and a PayPal error. Test payment and withdrawal all went through. Phew.
Maybe it’s only for amounts above a certain threshold ? Still not good