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What are the spending limits for business accounts?

💼 For Business accounts

You can check all your limits in your account:

Tap the Home tab
Tap on the 3 dots below your card
Select Manage account and scroll down to Limits

Limits include:

Daily card transactions
ATM withdrawals (UK and abroad)
Daily bank transfers
Cash deposits

Initial account limits are:

For a Limited Company:

Bank transfer (daily): £50,000
Bank transfer (30 day rolling): £200,000
Card payments: £10,000
Cash deposit: £10,000

For a Sole Trader:

Bank transfer (daily): £25,000
Bank transfer (30 day rolling): £75,000
Card payments: £10,000
Cash deposit: £3,000

If you're sending one of the below currencies, you can find out more information on our limits for certain currencies.

EUR (Euros)
USD (United States Dollars)
INR (Indian Rupees)
AUD (Australian Dollars)
RON (Romanian Lev)

Limit Increases

You can let us know if you'd like to increase or decrease any of your limits in the app and we'll let you know if we can do it for you.

You’ll need to send us a quick video of yourself and give us as much information as you can about the reason for the limit change.

We’ll then confirm when the change has been approved in the app. It can take up to 24 hours.

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Existing customers can get help via the app

Monzo Bank Limited is a company registered in England and Wales (No.09446231). Monzo Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our financial Services Register number is 730427. Our address is Broadwalk House, 5 Appold St, London EC2A 2AG.