I’ve moved the international payments chat here to keep us on topic! Feel free to continue the discussion here.
It was going down a specific path, focusing on a specific thing.
Nothing’s been released yet. Whatever partially works is because…circumstances and happenstance (which is why it’s unreliable).
The thing which is being deliberately developed to handle these transfers is still in development.
As I said already, nothing has been released yet so that’s what they’re doing.
Edit: for completeness sake, they did add a basic transferwise integration for sending money, yes.
I provide services to a European company. They send my payment to UK every month.
That is why I am still not fully on Monzo.
Hi everyone
I was just browsing the community a bit and found similar posts, but I thought, that I’m gonna ask as well.
I currently live in between London and Zurich. Shout out to fellow neighbours in the Hoxton/Shoreditch area And I went all in #FullMonzo about 2 weeks ago. All of my payments like rent, food and even salary go through Monzo.
However, if I want to receive payments from the outside of the UK, I still need to first send them to my Swiss bank account and then transfer over to Monzo with TransferWise.
Are there any plans in the near future to connect Monzo to SWIFT/IBAN? I want to bring in all the payments from my clients as well. So I go 100% #FullMonzo and not only 90%
Thanks!
Hey @anon16350410! I’ve moved your post here as Monzo has been doing some thinking about this - more detail in the first post!
Cool thanks! A lot of info here…
Will have enough to read for the beginning
Switzerland is not in the EU.
When it comes to the EU, why bother with facts when opinions will do?

When it comes to the EU, why bother with facts when opinions will do?
Facts are used by experts. We apparently don’t like them anymore as a nation so we’re free to make up our own truths instead.
People in government have said so, so it must be true.
This. I contract for a company based in Ljubljana. At the moment I hold a HSBC EUR account which they pay into every month, I then use a free inter HSBC transfer transfer to take those EUR into GBP, and then I send that to Monzo. HSBC don’t charge for transfers between your own accounts, but the exchange rate can be a bit naff.

HSBC don’t charge for transfers between your own accounts, but the exchange rate can be a bit naff.
HSBC does charge for transfers between currency accounts but the fees are “hidden” in the rates. I use TransferWise to convert from HSBC EUR to HSBC GBP, it’s slower but I usually get a better rate.
My invoices are in sterlin.
I don’t need business account working as a sole trader.
Yeah but also the land with the highest prices Especially if you’re craving food.
Haha true! I’m just looking for a new flat in Soho and man?! I just heard my bank account getting crushed
We’ve shared an update on receiving international payments here:
Hi all, Since we last updated you in July, we’ve been working to increase the reliability of payments from other countries into your Monzo account. This post is a status report on what we’ve been up to, and what we’re still working on. NatWest is currently our correspondent bank This means that payments to Monzo from other European banks in Euro get to us via NatWest. They have to take an extra “hop” before reaching Monzo, but this lets us take advantage of NatWest’s international presence and…
Transferwise works better on bunq account cause they show all account details saved to be used in the foreign currency but when you use transferwise on monzo you must type in details every time which isn’t as easy
Hi there. Big deal for me, what’s the ETA (informed guesstimate is better than nothing, but if guesstimate, please qualify as such) of being able to receive / send money abroad, in particular from EU via SEPA/IBAN
I cannot give you either but it is a problem for me also, the lack of IBAN and the inability to specify the exact amount to be sent in the foreign currency are two of the main reasons I have now moved to Starling which offers both of these facilities