[Wiki] How To Make A Large Bank Transfer

[davidwalton (Award Winning Hot Coral Analyst)]

Technically possible to transfer £30,400 from Monzo to qualifying recipient(s) in a single 24-hour period, without needing to contact support:

Joint Account - charges?

Hi @ChrisDoyle & welcome You can transfer up to £10K per day in up to 3 different ways - Bank Transfer, Card payment and Monzo-to-Monzo account and also up to £400 ATM withdrawals. So if the recipient had a Monzo account and could also accept card payments and part-payment by cash, you could, in theory*, pay a total of £30,400K in one day, split across 3 payments of £10K (bank transfer, card and -to-) and an ATM withdrawal of £400 cash to hand over. *I’ve never tried it to…