Eligibility for Monzo Business
We’re only offering Monzo Business accounts to sole traders and limited companies right now. We might change that, but it’s not likely to be soon (we’re not set up to gather and store data differently for other types of business accounts).
You can apply for an account if you’re:
a sole trader, or the director of a registered limited company by shares (Ltd), based in the UK
at least 16 years old
If you’re a limited company, to be eligible your company needs to:
have an active status on Companies House (we can’t support dormant companies)
have an active company director (not disqualified) on Companies House
make money mostly from selling goods and/or providing services, not mostly from interest or investment income
be a tax resident in the UK, and no other countries
If you’re a limited company, we’ll also verify any people with significant control in your business when you sign up. You can check who the people with significant control in your business are at Companies House.
If you’re eligible sign up for Monzo Business.
Was this article helpful?
Related articles
- Signing up for a Business Account on the web
- Applying for a Monzo Business account if you’ve got a personal or joint Monzo account
- Applying for a Monzo Business account if you don’t have a personal or joint Monzo account
- Businesses Monzo can't support right now
- Using your Monzo current account as a business account
- Switching business account to Monzo Business
- How do I add or remove team members from my business account?
- Opening multiple Monzo Business accounts
- Got questions about your Business account application?
- Verifying persons of significant control at sign up
- Monzo Business card delivery address