Here’s a community exclusive for you
In the coming weeks, you’ll start to see an all-new international transfers experience, powered by Wise (formerly TransferWise)!
We’ve rebuilt the flow from the ground up, so it’s easier to use. On the surface, there’s a whole new design, and we’ve made some changes under the hood to make the experience smoother too.
Here’s a sneaky peak at what’s changing:
We’ve rebuilt the quote screen! Now you can tap either the pound or foreign currency fields, so you can choose how much you send or how much the recipient receives. We’ve also moved this screen so you see it sooner – as soon as you tap ‘international transfer’ in the Monzo app. And now the numbers update in real-time – making it even easier and quicker to compare how much you’ll spend to send.
Instead of having to enter payee details fresh every time, now you can save payees for next time.
We’ve moved where you can find international transfers. Before, you had to tap “bank transfer”, then find “international transfer” on that screen. Now, it’s right in the “Pay” section.
Once you’ve made the payment, it’ll appear in your Feed. Just tap the transaction, and you’ll see an option to download your receipt. Simple.
And as part of the changes, we’re now using the same ‘fast and easy’ fee you see on Wise’s website, so it’ll always be the same price as sending through Wise using their ‘fast and easy’ service. We share revenue from transfers you make with Wise.
Before it’s available to everyone, we’d love for some of you to try it out, let us know what you think and root out some bugs. If you make international transfers in Monzo and would like to give it a try, let me know in a DM!