Built for business in Spain
Get a Spanish IBAN to send and receive money for your business, with 24/7 support in Spanish when you need a hand.
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Business Banking
Spain’s new business bank account
Spain’s new business bank account
Free? Check. VeriFactu ready? Absolutely. Get up and running with a free business bank account for freelancers and businesses.*
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Only sole traders and limited company (SL) directors in Spain can apply. Ts&Cs apply.
The App Store, Google Play Store and Trustpilot ratings are correct as of 28 July 2026. These numbers are based on our UK customers.
Free business banking, built for more
For freelancers and businesses, with all the tools to bank, invoice and get paid for free.*
Free, VeriFactu-ready invoicing
Create, send and track compliant invoices in the app or on the web, for free – with Agencia Tributaria invoice record submission built in.
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All the usual ways to pay and more
Bizum, bank transfer, card or payment link – let customers pay their way and the money will land right in your account.
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Speed up your business setup
Got a business idea, but not sure what comes next? Let us help you get off to a good start.
Register as a freelancer or incorporate your business with Legálitas Negocios when you apply for a Monzo Business Account.
Do more online, with less paperwork and appointments and support at every step.
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Everything you need from day one
Get paid on time
Customers can pay straight from their invoice by Bizum, a quick link or QR code. If you need to get paid in person, accept contactless payments with just your smartphone.
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Automate tax and accounting
Set money aside for tax every time you get paid. And send your transaction data, statements, invoices and receipts to cloud storage of your choice that your gestor has access to.
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Take the pain out of payments
Pay staff and suppliers on time, schedule payments in advance, and make multiple payments in one go. Pay anywhere with your debit card or Apple Pay and create virtual cards so your real account details stay safe.
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Manage spending in real time
See what you've earned, what's been paid, so you know what’s actually safe to spend. Expense cards give spending power to your people, kept in check with the limits and controls you set.
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24/7 customer support for anything urgent
You don’t switch off, so why should we? Chat to us 24/7 whenever you need to over the phone or in the app, and freeze your card any time in a few taps.
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For freelancers and businesses
Whatever your setup, these are the all-important features you need.
Expense cards with controls
Set your team free to spend, and track who’s spending on what as it happens.
Auto-exports to your gestor
Automatically file away your invoices and statements to your cloud account for them to see.
Savings that work hard
Earn up to 1,60 % AER (1,59 % NIR) on your saving with Pro or Advanced. Withdraw it instantly when you do.***
Bulk payments tame your admin
Upload all the details, rather than entering them manually, and sort salaries and suppliers in one go.
For freelancers and businesses
Whatever your setup, these are the all-important features you need.
VeriFactu-ready invoicing
Create quotes and quickly turn them into invoices, with pre-filled bank details or a payment link.
Insights
See how much your business is getting paid and how much you’re spending over time periods that matter to you.
Cashback on your debit spend
Earn 0.25% cashback on Pro, up to €15 a month, or 0.50% on Advanced, up to €30 a month.
Tax bills taken care of
You set the percentage and we’ll put that amount into a Tax Pot every time you’re paid.
Join the waitlist for a chance to get early access
Be one of the first people to try Monzo in Spain.
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Step 1
Join the waitlist
Sign up in a couple of minutes. Download the app to see your position on the list, and how to jump ahead.
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Step 2
Secure your spot
If you get to the top of the waitlist, you could receive an invite to Monzo in your inbox.
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Step 3
Apply in minutes
Once you’re approved, you can add money and start spending on your business debit card.
Different plans for... different business plans
See full terms and conditions.
Basic (free)
A free business account that comes with all the tools you need to understand and run your business better. Includes VeriFactu invoicing.*
Ts&Cs apply
Pro
Elevate everyday business with smart tools to budget for tax and link and sync your records with your gestor. €9 a month.**
Ts&Cs apply
Advanced
Manage your team and set limits on expense spending. Bulk payments to pay salaries and suppliers in one go. From €24 a month.**
Ts&Cs apply
Trusted by 1 million businesses in the UK
We’re new to Spain, but we’ve spent years making life easier for UK businesses. Now it’s your turn.
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Questions? Answers.
How much does Monzo Business cost?
Early access is completely free for the first year!
Our Basic plan is always free and Pro and Advanced are completely free for 12 months, then Pro is €9 a month and Advanced starts from €24 a month. Ts&Cs apply.
We won’t charge for transfers in the Eurozone. And to accept card payments we won’t charge our own fee, we will only pass on Stripe’s fee of 1.5% + €0.25 for each payment.
Is Monzo Business available to sole traders and freelancers?
Yes. All our Monzo Business Accounts will be available to eligible sole traders, freelancers and limited companies. Learn more about the eligibility requirements for a Business Account.
Can I deposit cash into the account?
Not right now but we know this is important to businesses so we’re working on it.
Can I take out a business loan?
We don't offer business loans right now, no. We’ve been focusing on cashflow and tax management but we know that borrowing’s important to businesses and want to make loans available one day. Watch this space!
Monzo? What is Monzo?
We're the bank that makes you feel differently about your money. We're new to Europe but more than 16 million customers trust us with their money in the UK.
When we started out back in 2015 we made it our mission to make money work for everyone. And that's exactly what we're here to do.
Is Monzo safe?
Absolutely, we're a licensed bank that's authorised and regulated by the Central Bank of Ireland and part of the Irish Deposit Guarantee Scheme, which means your eligible deposits are protected up to 100.000 EUR.
Does Monzo Business have online banking?
We do. You can access your business account in the mobile app and on your laptop or computer using our web app.
Plan pricing
*Free Basic plan: 0% AER, 0% NIR. No account maintenance fees.
**Pro and Advanced plans: 0% AER, 0% NIR. No subscription fees during the first 12 months. See offer terms.
After the first 12 months:
Pro plan: Monthly subscription fee of €9 (€108 over 12 months)
Advanced plan: Monthly subscription fee of €24 (€288 over 12 months). First 6 team members included, €5/month for each additional member (up to 15 in total).
***Interest rate with Monzo Business Pro or Advanced plan: 1,60 % AER (1,59 % NIR)
Example: Interest is settled monthly and applies to any amount deposited in the Monzo Savings Pot, with a €100,000 limit. Under the current 1,60 % AER (1,59 % NIR), maintaining a daily balance of €10,000 in a Monzo Savings Pot for 12 months would generate €159 in gross interest.
Interest rate with Monzo Business Basic: 1,20 % AER (1,19 % NIR)
Example: Interest is settled monthly and applies to any amount deposited in the Monzo Savings Pot, with a €100,000 limit. Under the current 1,20 % AER (1,19 % NIR), maintaining a daily balance of €10,000 in a Monzo Savings Pot for 12 months would generate €119 in gross interest.