To the best of my knowledge there is not (I stand to be corrected) as despite a communality of account numbers all using the same standard the accounts themselves all run on separate national systems. So there are still separate national switching services such as the one in the Netherlands. If I hear to the contrary I will let you know.
PS I have just sent a Telegram message to staff at a Dutch bank to see if they are aware of any such service.
Well, the bankers I spoke to in Benelux and DACH banks said they do not know any, yet. But one theorised despite different national systems when a fully PSD2 compliant API is up and running some workaround could enable this.
Update: Got the email from Natwest asking me to pay back my overdraft now that the switch has “finished”. Got until the 4th to pay, and I can use my card to do so. However, the website says it could take 5 working days to process, so I think that means I have until…today?
Edit: I paid it using the shadiest looking payment portal I’ve ever seen. Good jorb Natwest. Now for the thrilling wait for it to show up in the account and them actually closing it…
It looked like everything transferred over the day before but was confirmed as completed exactly a week from starting the switch. I believe it’s 7 days guaranteed for a full switch and roughly the same for a partial but there’s no guarantee so could be longer.
Legacy banks can be so slow. A friend swapped banks to another bank not Monzo but he received a letter from his old bank telling him they were going to do the SWITCH yet the letter arrived after it had completed!
The Natwest mobile app finally showed a zero balance in my old account last night, and I check now and the current account is now gone from the app!!! I am now #FullMonzo (except for my ISA of course)
Had a notification a few days ago now stating some direct debits had moved over to my Monzo account. I was a little alarmed since my switch was supposed to happen today 01.05.18 and the funds didn’t transfer over but all was ok
Switch happened today, funds went over and Natwest app showing £0.00 in my account (natwest account still currently open for now)
Paypal emailed me to confirm my Direct Debit has switched (added info)
Standing orders also switched today and have gone through all fine. I do have one gripe about standing orders which is you cannot see last payment dates like you can on the Natwest App. I had to message Monzo to check the final payment date was still intact.
So now officially banking with Monzo! pretty smooth all in all I’d say
Partial switch update. Mortgage payment did not get taken from either my First Direct or Monzo account today. I ended up having to ring them and reset the direct debit from their side. Had a problem with an AA direct debit too but haven’t fixed that one yet. Monzo were very helpful just a little annoyed that the switch didn’t fully work!