Business customers - you can now send money abroad

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You ask, we give. You can now send money abroad from your Monzo Business account! 

What have we done?

We’ve partnered with Wise to give you a simple, cheap way to send money abroad. Always using the real exchange rate, with no hidden fees. 

How does it work?

Clearly see what it’ll cost you, how much the recipient will get, and how fast the recipient will have the money in their account. 

It will be typically lower cost than Western Union, MoneyGram and Xoom, as well as high street banks.*

The best part? You can do it all from the Monzo app.

Live rates and speed

How do I get started?

You’ll find this new feature in the ‘Pay’ tab, where you can get set up in a few taps. And once you send someone money, we’ll save them as a payee – so you won’t have to type their details out ever again! 

We’ve answered your customer questions, too

Read our FAQs on sending money abroad that will help you get started.

Don't bank with us yet?

*500 GBP transfer to EUR collected on 24th March 2022. You can read more about how Wise compare their prices to other international transfer services here, and read their comparison disclaimer here. Information in this email is correct as of 24th May 2022.