Business banking made easy
Choose a Business Lite account for free, or Business Pro for £5 a month
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
Banking that works around your business
Get ahead on your finances, so you can get back to running your business.
Tax Pots
Choose a percentage to automatically set aside for tax, every time you’re paid. No more worrying if you've remembered to set aside money every week, and no more shifting around between accounts to see where your money is. Available on Monzo Business Pro.
Get paid
We’ve taken every part of getting paid and put it in your Monzo Business account. Send payment links, deposit your cheques using the app, or send invoices. Turn hours of admin into a few taps and give your customers flexible ways to pay in 40+ curencies, including euros. Invoices available on Monzo Business Pro.
Mobile and web access
Manage your account from your phone or computer with mobile and web access. Your account’s protected, and available wherever you are. Available on Monzo Business Pro and Monzo Business Lite.
Multi-user access
Manage finances with others by adding up to two people to access the account. Available with Monzo Business Pro for limited companies and sole traders.
Integrated accounting
Sync with Xero, Freeagent or Quickbooks, or you can auto-export your transactions, bank statements and invoices to Google. Share access with those who need it, and say goodbye to manually sharing this information. Available on Monzo Business Pro.
24/7 customer support
We're right here in the app, 24/7. No need to make an appointment or wonder when you'll hear back. Our team is here to help whenever you need. Available on Monzo Business Pro and Monzo Business Lite.
Put your spare money to work earning interest
Use Savings Pots to:
Put your spare money to work, earning 1.60% AER interest (variable) paid monthly with no minimum deposit and a maximum £100,000 balance (Ts&Cs apply)
Automatically set aside money for unplanned business expenses, a big purchase, or to reinvest in your business
Withdraw money instantly when you need it most
Loans for businesses
Eligible sole traders can get a loan up to £25,000. We can only offer you one loan across both your personal and business accounts. We don’t offer loans to limited companies.
Seeing if you’re eligible won’t leave a mark on your credit file. There are no lengthy forms to fill and no charges for paying us back early.
Our Representative APR for loans of more than £10,000 and up to £25,000 is 15.8% APR. For loans up to £10,000 it's 29.5% APR. The loan terms vary depending on the amount you borrow.
For Representative APR 15.8%: If you borrow £15,000 over 60 months, at a simple annual interest rate of 14.75% (fixed), the total amount you'll repay is £21,267.84.
For Representative APR 29.5%: If you borrow £2,000 over 24 months, at a simple annual interest rate of 26.3% (fixed), the total amount you'll repay is £2,588.75.
You need to be 18+ and must have a business account to apply. Ts&Cs apply.
Overdrafts for businesses
Eligible sole traders can get an overdraft up to £2,000. We can only offer you one overdraft across both your Personal and Business accounts. We don’t offer overdrafts to limited companies.
Seeing if you’re eligible won’t leave a mark on your credit file and we won’t charge you any extra fees for going into your overdraft.
Our Representative EAR is 39.0% (variable). Monzo does not apply charges for using your overdraft. The interest on your overdraft will be calculated daily on the overdrawn balance and added monthly. We offer three different rates of interest: 19.0%, 29.0%, or 39.0%. Most customers are offered 39.0%.
You need to be 18+ to apply. Ts&Cs apply.
A fully regulated UK bank
With a Monzo Business Account, you can:
Get a business debit card (for all users)
Move money easily with free, instant bank transfers (UK only)
Manage your Direct Debits in one place
How we compare with other banks
We've chosen a selection of high street and digital-first banks that offer similar business accounts to ours:
Starling Bank Business Current Account (Zero Fees), Barclays Business Account (up to £400k), HSBC Small Business Banking Account, and NatWest Business Account
Correct as of 15/12/23
LitePro (£5/m)
Starling
Barclays
HSBC
NatWest
LitePro (£5/m)StarlingBarclaysHSBCNatWest
Zero monthly fees
Full UK current account with debit card
Instant UK bank transfers
Unlimited, fee-free UK bank transfers
100% mobile sign up
Mobile and web access
FSCS protection on eligible deposits
24/7 Human customer support
Fee-free spending abroad
Tap to PayApple Pay/Google Pay
Multi-user access including third parties
Pots to separate money
Automated Tax Pots
Instant access savings
Instant notifications 
Budgeting, categorised spend, digital receipts
Virtual Cards
InvoicingPay in cash and cheques
Auto-export Transactions, Statements & InvoicesIntegrated accounting
Exclusive offers (like 6 months free Xero)Loans and overdrafts (including lending marketplace)
Outbound international payments
Inbound international paymentsBusiness banking that keeps getting better
Here's what we've recently built because of your feedback.
Multiple business accounts
Manage finances for up to three businesses, all through Monzo.
Add collaborators access
With Monzo Business Pro, you can add team members to your account. Sole traders can include up to two collaborators, while limited companies can add two users as either admins or collaborators.
International payments
Take your business to the next level by receiving payments in 40+ currencies including euros. Fees apply.