I tried to withdraw some cash from a Post Office and was told they don’t support cash withdrawals from Monzo accounts. Any ideas why?
Post office charge participating banks for each cash withdrawal they process (as they do for paying money into an account too).
The reason I suspect Monzo don’t participate in the cash withdrawal with post office is because by default post offices treat every card payment as a cash withdrawal (not a standard card payment) as it earns the post office additional money.
Discussion on it here: Weird post office acceptance issue - #2 by Andyg68uk
Monzo set up deposits but not cash withdrawals. It’s not possible.