Business currency accounts can be opened in either euro and US dollar.

For now you can convert money between the accounts, then hold onto currencies until you're ready to transfer internationally.

With a currency account you can:

Convert when you choose Secure an exchange rate that’s right for you, then hold your euros, US dollars and pounds in Monzo until you need them.

Get a competitive rate every time The Monzo exchange rate is the mid-market rate with 0.25% on top - and this is what we charge 7 days a week. We'll show you exactly what you'll pay when you're ready to convert.

Hold currencies in Monzo Manage your global money with Monzo. Hold your euros and US dollars alongside your pounds.

Transfer money internationally Transfer to suppliers, employees or your own accounts overseas. You’ll be able to see exactly how much it’ll cost before you make your international transfer.

We’re still developing currency accounts and so during this first roll out the following will not be available just yet:

Only Admins can use the currency account and there is a £25,000 daily limit when moving money into the currency account.

We’re gradually rolling out currency accounts and eligible businesses will be invited to open one at the earliest opportunity available.