Hello there;
Got my Monzo CA one week ago. Since then all worked fine for me !
I was just wondering as this is still a preview;
Is it safe to ask my boss to change my bank account details with the Monzo CA ones ? I mean, I just look forward for so long to get my salary on Monzo and to move totally with you guys and to close my other bank account which at the moment I will not because is still a preview but I would like to try and get my salary on my Monzo CA
A number of us have switched over and a number of us have been paid successfully since (I havenāt hit a payday yet) so it appears quite āsafeā as long as your employer accepts the account details.
Just make sure you have an overdraft agreement ready with your previous bank⦠manually moving direct debits with come companies can take ages (esp. if they insist on doing it by post) and you can find payments coming out of the old account long after youāve moved your salary. Iāve done a manual bank move a couple of times and itās never gone entirely smoothly (ranging from āoops I forgot that oneā to ācompany takes a DD change as a cancellation request and applies termination chargesā).
Yes I know about that stuff. I have no DD for anything.
Well so as I see the 2 answers, it is safe then. Well I will ask them to change with my monzo details, for which my payday is always between 30th(the end of the month) and 2nd(beggining of the new month).
Just for a 3rd opinion, yes I trust Monzo with my salary haha - Took a bit of work for the Natwest payment system my company uses to see Monzo⦠But it worked once payday rolled around
I have already changed my bank details with HR and looking forward to getting paid in Monzo CA - All but one direct debit transferred and standing orders as well.
I got paid today into my legacy account. I missed my payroll cut off for this months pay.
First thing I did? Transferred every last penny over to Monzo.
I have money in my legacy savings account for an absolute emergency but no issues with Monzo so far and Iām confident enough to have my monthly salary paid in!
Well I do feel confident about Monzo but for me the salary is an important thing but after all this answers specially from Tom I have no dubs. I already changed my details with my employer ya ! Looking forward to get my first salary ļø