What is an easy bank transfer?
What’s an easy bank transfer?
Powered by Open Banking technology, an easy bank transfer connects to other UK accounts and makes it easier for you to pay businesses by invoice or payment link. You just have to tap Pay invoice on the invoice/payment link and it’ll take you to your bank to approve the payment. There you’ll see the details (account number, sort code, amount). No need to type anything.
If we don’t work with your bank yet, you can still do a manual bank transfer with the account details. Or pay by card (if the business owner chooses to accept it).
Remember if you’re not sure whether you’re paying a real company, or for a real product/service, we’d suggest you don’t pay. If something seems too good to be true, it usually is.
If you’ve got any other questions, drop us an email at business-mail@monzo.com.
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