If I shall be so brazen as to start a topic…
I feel it important though and could attract more loyal Monzo customers
I am relocating back to the UK in just under two weeks now (after living there as a child last) and Monzo has proven to be an awesome solution to a common problem to many, of being able to open a UK account with the least amount of fuss. Many others are in need of the same solution, but there are a few details that need to be covered which will undoubtedly be questions asked.
The main one I think would be how could people go about transferring South African currency into their Monzo accounts. I was able to do this through converting SA currency to Pounds on my Shyft account, which is offered by my South African bank, Standard Bank. I could then easily transfer Pounds to my Monzo account with my Shyft account and use my Monzo app in the meantime to use my pots and even managed to buy a few shares (even with my card still waiting for me in the UK, in safe-keeping with my father, and me still being in SA for now). So when I arrive I am ready to go
So this would be a fantastic option for others relocating to the UK from SA. What other options are there there for those who don’t have Standard Bank accounts and don’t have a Shyft account? I could not find any option of converting South African currency in Transferwise.
My thoughts are that people on the forum may be aware of options, or possibly Monzo staff may have an answer for me.
I could then be in a better position to tell people that are relocating all about Monzo