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Can I receive international transfers to my business account?

You can use your account's International Bank Account Number (IBAN) to receive payments from other countries or currencies.

There is no fee for receiving international payments which have already been converted to GBP. For payments received in non-GBP currencies, you’ll receive the market currency exchange rate plus a 1% conversion fee, with a maximum fee of £1,000 per transaction on payments we do convert. So, for example, if you receive a non-GBP payment worth £100, we will take a £1 fee.

We recommend asking the sender to send the payment in local currency or GBP. Please check whether it’s cheaper for Monzo to convert your currency. What fees are charged for receiving international transfers?

Find your IBAN to receive international payments.

  1. Select the account you need the IBAN for

  2. Tap on the three dots in the bottom right of the card

  3. Tap Add Money

  4. Tap on International bank transfer

  5. You will find your IBAN underneath your name and BIC number. You can copy your IBAN from the app or tap Share account details at the bottom of the page

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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.