Anyone else had trouble with Monzo refusing transfers to Revolut?
I had a transfer blocked yesterday by Monzo. Not happy to say the least as I have made about 10 transfers to Revolut in the last month from Monzo without issues.
Complaint in to Monzo. Revolut have confirmed everything is fine with my account and they have said it’s entirely Monzo’s fault
Revolut seems to be the preferred route for scammers to clean out people’s accounts. Could be a combo of that with the new anti scamming rules that you’ll have received emails about.
About 10% of my Monzo balance, about 0.3% of my total savings balances with multiple providers.
I upgraded to Monzo Max last week, which I now regret. I thought I was getting a premium product. I will be cancelling this week under the 14 day cooling off if they haven’t apologised and compensated me for their error.
Monzo have assured me on Live Chat regarding future payments to my Revolut account and I quote “You can let us know before making the payment so that it won’t happen again”
I remember setting up extra security measures for my Monzo account somehow helped, as I emptied most of my savings with Monzo the moment they announce a drop in the interest and it triggered a selfie verification.
You would have thought the app should simply ask you to verify your identity and let you do whatever you want with your money.
I attempted to transfer £100 three times. The first transaction was successful, but I received a duplicate payment warning afterward. Monzo then blocked the third transaction.