Using Peer to Peer (P2P) payments on your business account

Peer-to-Peer (P2P) is an app-based way to send money where available. During Early Access, P2P payments are only available between your own Monzo accounts.

Please note:

  • P2P payments are not the same as SEPA transfers.

  • SEPA transfers are not available during Early Access.

Limits

You can check your limits in the app:

  1. Go to the Home tab.

  2. Tap your account name or card.

  3. Tap the three dots (Manage account).

  4. Select Limits and Allowances.

If you need a higher limit, tap Request a temporary limit increase from the Limits and Allowances screen and follow the on-screen steps.

Please note: We can't guarantee that a limit increase request will be approved.

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