Award-winning Business banking
Join 600,000+ UK businesses already banking with Monzo.
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
Fully regulated UK bank
By the Financial Conduct Authority and the Prudential Regulation Authority, just like other banks.
24/7 customer support
In-app chat managed by friendly, real people with the option to call or email us if you need to.
Apply in minutes
91% of business accounts are opened the same day. Apply online or download the app.
A business bank account packed with everything you need
Everyday business banking essentials, time-saving tools, team spending controls and our signature money management features.
Bulk Payments
From staff to suppliers and everyone in between, including bulk payments for making multiple payments in one go with Team from £25 a month.
Get paid easily
Give customers options while saving yourself time and effort with invoices & payment links and even accepting contactless payments.
Tax and accounting
Connect your accounting software and automatically put money aside for tax with Pro and Team, which start from £9 a month.
Spending and expenses
Let your team spend up to limits that you set for them before they need approval, while you save time spent on admin. Available with Pro and Team, which start from £9 a month.
Team access
Limited companies can have a team of up to 15 with the first 6 team members included, then £5 a month per team member after that.Available with Team from £25 a month. Ts&Cs apply.
Get financial insights
With Insights, see how much your business is getting paid and how much you’re spending over time periods that matter to you.
Try out Xero for 6-8 months, absolutely free
Save time on admin and bookkeeping, so you can get back to focussing on what matters most: your business.
We’ve teamed up with this award-winning cloud accounting platform to give Pro customers a free 6 month, and Team customers a free 8 month Xero subscription, worth up to £472. Available until 31 March 2026 for new Xero customers. Terms apply.
It’s completely optional so you don’t have to try it out. But we think you’ll love it!
Different plans to suit your... plans
Lite
Pro
Team
Free
months minimum
Lite
Free
It just works, so you can too
Business debit card
Your eligible deposits may be protected by the FSCS up to £85,000
Mobile and web access
24/7 customer support
Free, instant UK bank transfers
International transfers
+ the Monzo banking essentials
Pro
£9 a month
Expert banking for everyday business
Automatically put money aside for tax
Connect accounting tools
Auto-export transactions, invoices and statements
Team of 3
Set team access levels
Invoicing
Virtual cards
+ everything you get with Lite
Team
From £25 a month
Make light work of everyone’s admin
Expense cards
Bulk payments
Team of 15 for limited companies (first 6 included, then £5/month per team member) and team of 3 for sole traders
Set payment approval limits
+ everything you get with Pro and Lite
Online business banking at its best
On your phone
We know running a business means you're often on the go, which is why you can do everything you need to do in the Monzo app.
Or on the big screen
Our web app is a light version of the Monzo Business experience on your phone. It can't do everything (yet!) but you can still do the essentials.
Britain’s Best Business Banking Provider 2024
And the Most Recommended Business Account for Overall Service Quality.
Independent service quality survey results
Published February 2025
As part of a regulatory requirement, independent surveys were conducted to ask customers of the largest business current account providers in Great Britain if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.