Hi. Can someone advise if Monzo accept an AED (Arab Emirates dirham) salary transfer. I tried transfer wise but they don’t accept payments in AED. i want to get my salary paid into Monzo as opposed to HSBC UK as i don’t want to be hit with the ludicrous rates that HSBC apply. I have also setup a cur…

At the moment receiving international payments in to a Monzo account is not reliable - it may take time or it may bounce back to the sender so for salary you may want to wait until Monzo have a reliable system in place to receive international payments [image] Receiving international payme…

That’s one thing if monzo is capable of doing would be even better. Is there a reason why we can’t accept international payments yet… Not that I get any anyway but a interesting question

Accepting international payments is a complex process. Monzo are doing what starling have done and working with NatWest to allow them to receive international payments destined for Monzo and forward them on to Monzo. This will make receiving international payments reliable until Monzo can build the …

Is there any competitors that can accept international payments reliably? I.e ones that use SWIFT or SEPA? Thanks

If that’s the case most high street banks can recieve international funds…why don’t you try them till monzo sorts it out

This is the most recent Monzo update: [image] Receiving international payments with Monzo News & Updates Hi everyone wave I just wanted to share an update about how it’s going. As I said, we plan to use NatWest as our ‘correspondent bank’ for Euro payments (and, in the l…

wait for Monzo or use www.transferwise.com

Transferwise accept payments in various different currencies but not AED. Starling only accept payments in GBP and EUR. Therefore in order to make any payments i would need to use my banks rate to convert AED to an accepted currency, consequently i would be taking a hit in hundreds of GBP, don’t wan…

Salary transfer

UK Help

rolanddeschain 25 August 2018 22:03 7

This is the most recent Monzo update:

Topic		Replies	Views
Receiving international payments with Monzo News & Updates	182	38490	8 June 2020
Receiving money from overseas Financial Chat	8	7750	30 July 2019
Receiving international payments - Business acc Business Banking	5	11218	13 January 2021
Cash upload Help	12	1610	6 October 2019
Being paid in other currencies Help	4	3442	6 February 2018

Salary transfer

Related topics