Opening a basic payment bank account
Basic accounts are free in the EU, and we designed them for people without another bank account. You don't need to buy anything else from us to open one.
You can open a Basic payment bank account if:
You legally reside in the European Union
You’re an asylum seeker
You don’t have a residence permit, but your expulsion is impossible for legal or factual reasons
You don’t already have another payment account in Spain that lets you use the same core services, unless that account is closing
What’s included:
Monzo debit card and IBAN
Standing Orders
Pots to set money aside
Unlimited free ATM withdrawals
Unlimited free card replacements
What’s not included:
Joint accounts
Business accounts
Under 18 accounts
If you want access to products that aren’t available on a Basic account, you’ll need to upgrade to a regular Spain Personal Account. To upgrade, you’ll need to self-declare Spain tax residency and provide a Spanish tax identifier (NIF).
How to open a Basic payment bank account
Get your ID ready: You’ll need to be 18 or over and have a valid, unexpired photo ID. The ID we accept depends on your nationality:
If you’re a Spanish citizen: DNI
If you’re a citizen of an EU/EEA/Swiss country other than Spain: national ID card issued by your own country or passport
If you’re a citizen of a non-EU/EEA/Swiss country: TIE or passport
Download and open the Monzo app.
Select Personal Account when asked which type of account you want to open.
On the next screen, tap Learn more next to “Need a limited basic bank account?”
Follow the steps in the app to open your Basic payment Bank account.
