One frustration I’ve encountered (and I’m sure others have too) is needing stamped bank statements for bureaucratic processes like loan applications, proof of address for rentals/government services, or employer verifications. Monzo does provide stamped printed statements via the app, which is great – but they take up to a week to arrive by post.
Why not extend this to digital statements? A downloadable PDF with an official Monzo stamp would:
Eliminate the need for separate print requests.
Speed up processes when landlords, lenders, or officials suddenly ask for “stamped” proof.
Reduce delays in time-sensitive applications (e.g., no more waiting a week mid-process).
Many traditional banks offer stamped digital statements, and as a digital-first bank, Monzo could lead here with minimal effort – just add the stamp to existing PDF exports.
What do you think? Has this delayed anything for you? Would you use stamped digital statements? @Monzo – any plans for this?
Ideally banks should just include a scannable QR code which goes to the bank website - and once provided with your DOB/phone number for authentication - shows the statement. Helps avoid fake stamps/statements and banks can “allow list” the allowed websites for authentication.
The last time I needed to prove my identity, the solicitors (IIRC) were happy with a bank statement (from Monzo) and utility bill (from Bulb RIP) that had been through the postal system. Which I then had to post to them. Even though the statements were identical to what I could have printed at home. Most of the time it’s just “box ticking” - they’ve been asked to get a postal statement, so that’s what they insist on.
If you are taking planning on taking out a loan etc, you could ask for the statement to be sent on the same date you make the appointment with the loan officer. The statement will probably be with you quicker.
