Monzo Business Account
Join over 400,000 small businesses already with us. Starting at no monthly fees. Apply in minutes today.
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
What you need to know about Monzo Business bank accounts
Get help when you need it
Our customer support team offer 24/7 human help in the app.
Automate accounting admin
With Monzo Business Pro features like Tax Pots, Auto-export statements & transactions and integrated accounting software. All automated so you don't have to lift a finger.
Pay and get paid easily
Create payment links or invoices in just a few taps. Offer your customers simple ways to pay by card, easy bank transfers, or Tap to Pay.
Protection for your money
Your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person.
Multi-user access
Lighten the admin load and add up to 2 users to your business account.
More features to help your business
Features designed to help make managing your business easier
Apply for an account in minutes
Get started with Monzo Business today
Starting at zero monthly fees
Get better visibility and control over your money, starting at no cost.
We're a fully regulated UK bank
We're authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Loved by businesses
Customers voted Monzo the Best Banking App for 2023 (British Bank Awards).
Simple pricing, no commitment
Simple pricing, no commitment
Built for business
Tax Pots
Integrated accounting
Multi-user access
Invoicing
Exclusive offers
6 months Xero free (optional)
Virtual Cards
Auto-exports
Connect other accounts
Mobile and web access
Payment links
Accept contactless payments (with Tap to Pay)
Easy bank transfers (free till 2025)Including the best of Monzo
24/7 customer support
Free, instant UK bank transfers
Instant Access Savings Pot
Pots to separate money
Instant notifications
Budget and categorised spending
Digital receipts
Sole trader loans and overdrafts (if eligible)
Outbound international payments
Inbound international paymentsPlus the essentials
Mobile signup and switching
Apple Pay and Google Pay
Manage scheduled payments
Pay in cash and cheques
Up to £85,000 FSCS protection on eligible depositsWe charge £1 to pay in cash at PayPoints and Post Offices across the UK. And for countries outside the European Economic Area, you can take out £200 cash for free every 30 days. After that, we charge 3%. These charges cover our costs for these services and everything else is included in the plan price. No hidden fees.
Independent service quality survey results
Published February 2024
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.
Your questions, answered
Check if you're eligible
You can apply for a Business Bank Account if you're a UK based sole trader or director of a UK limited company.
Head to our eligibility criteria for more detail on businesses and industries we can and can’t support at the moment.
Your eligible deposits are protected
If you're a sole trader or a small business your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £85,000. 💰 To learn more about the businesses and deposits that are eligible, see here
Sign up straight from your phone
We’ll ask some questions about your business to see if you’re eligible.
If you have a Monzo Current Account, apply in your app. If you don’t have a Monzo Current Account, sign up in these 3 steps.