I’ve just asked about this in the developer’s Slack so in case anyone’s wondering @liamn’s let me know that:
[Monzo’s] BIC is MONZGB21 but it’s not connected sadly (as we’re not yet a member of SWIFT) - which means it would only be used for verification purposes only - you can’t use to receive payments sadly, if the sender of a payment asks for your account number and sort code (and they’re in the UK), they shouldn’t need it to make a payment though.
You shouldn’t need a BIC for CHAPS (we made a test payment and weren’t asked for one).
I hope you’re all enjoying your current accounts. I certainly am. I was wondering if any of you here could shed some light on the topic of IBAN & BIC numbers in regard to the Monzo current account. I am trying to link my current account up to a crypto-exchange and they need these details. I can imagine these details might pertain to lots of other things too. Does anybody know if an IBAN or BIC number exist for the current account yet? Or if they will in the future?