How a full switch works
A full switch is a straightforward way to transfer your current account from another bank to Monzo. We move all your payments over (including direct debits, salary and standing order) and also close your other bank account.
The switch takes 7 days (or you can choose a date if you want it to happen later). Before you start, you'll need to make sure your old bank has the same address details for you as we do.
If you are switching away from Monzo, the switch won't go through if the following are still open:
Saving Pots (Easy Access and Fixed Term)
Investment Accounts
You need to close these before you put a switch through.
Just a heads up, if any insurance policies are being debited from a joint account you want to switch from then you will need to change the debit to your current account instead.
If you have an account in a different currency, you also need to move it away from the account that is being switched or close it.