What you need to know
Get better visibility and more control over all your money with Monzo Business bank account. Less time on finances means more time for the important stuff.
We're a fully regulated UK bank
- We're regulated by all the same rules as high street banks
- Open an account straight from your phone
- Award-winning customer support, 24/7
You get the best of Monzo
- Move money easily with free, instant bank transfers (UK only)
- Get notified the second you pay, or get paid
- Set money aside, separate from your balance, with Pots
Built for your business
- Manage your business account wherever you are, with mobile and web access
- Integrate accounting tools so everything's in one place
- Keep on track with in-app invoicing and digital receipts
We're here to help, 24/7
How we help:
- Chat to us in app any time, or call or email if you'd prefer
- We'll answer your questions and help solve any problems you have
- No need for branches, and no need to make an appointment
Simple pricing, no commitment
|Built for business|
Choose a percentage to automatically set aside for tax, every time you’re paid.
Integrate with Xero, FreeAgent, QuickBooks or export your transactions.
Multi-user access (Ltds only)
Manage finances together with access for up to 2 others (limited companies only). All users get a business debit card.
Create, send and track invoices, all in the app.
Save time and money with offers for your business.
6 months Xero free (optional)
New users: get the cloud accounting platform for 6 months free. £180 value. T&Cs apply.
Mobile and web access
Manage your money at home, in the office and on the go.
Business debit card
Complete with a pebble grey or slate grey finish.
24/7 customer support
Award-winning, human help in the app, 24/7.
Free, instant UK bank transfers
Send and receive UK bank transfers, fee-free.
Pots to separate money
Neatly separate your money to suit your business, all in one account.
Get notified the second you pay, or get paid.
Budget and categorise spending
Break down your spending with monthly budgets and transaction categories.
Add receipts to payments while you’re on the go.
Full UK current account
Because we're a UK fully regulated bank.
Mobile signup and switching
Open a full bank account from your phone. Switch from your old bank, hassle-free.
Apple Pay and Google Pay
Pay with your phone, on the go.
Fee-free spending abroad
We don’t mark up the exchange rate, unlike most other banks.
Manage scheduled payments
Keep track of all your scheduled payments in one place.
Pay in cash and cheques
Post cheques to us for free. Pay in cash at PayPoint for £1, up to £1,000 every 6 months.
£85,000 FSCS protection (if eligible)
So your money’s protected, just like the high street.
Payment approval and card freezing. Plus fingerprint, face and PIN protection.
Simple pricing, no commitment
|Multi-user access (Ltds only)||Yes||No|
|6 months Xero free (optional)||Yes||No|
|Mobile and web access||Yes||Yes|
|Business debit card||Yes||Yes|
|24/7 customer support||Yes||Yes|
|Free, instant UK bank transfers||Yes||Yes|
|Pots to separate money||Yes||Yes|
|Budget and categorise spending||Yes||Yes|
|Full UK current account||Yes||Yes|
|Mobile signup and switching||Yes||Yes|
|Apple Pay and Google Pay||Yes||Yes|
|Fee-free spending abroad||Yes||Yes|
|Manage scheduled payments||Yes||Yes|
|Pay in cash and cheques||Yes||Yes|
|£85,000 FSCS protection (if eligible)||Yes||Yes|
"The team has access. We know who paid what and when. Monzo's allowed us to have transparency."
The Malt Films team uses multi-user access to:
- Manage their finances together
- Improve visibility across the business
- Split up their workload, especially if someone's away
Choose what to set aside for tax
Use Tax Pots to:
- Automatically set a percentage of your income aside when you're paid
- Neatly separate your money, all in one bank account
- Stop worrying about saving, and spend more time on your business
"It's nice to know when you've been paid. You know what's gone out, what's gone in, instantly."
Sally and Chris use instant notifications to:
- Know when they're paid right away
- Keep track of their spending
- Stay on top of their invoices
Meet the people behind the businesses
Monzo Business lets them get on with what they love: running their business.
Automate accounting with tools you already use
Integrate accounting tools like Xero, FreeAgent and QuickBooks to automatically share your balance and transactions every day.
If you use other tools, or don’t use any, easily export a file of your transactions (CSV, PDF or QIF) whenever you need to. We’ll never share your data with anyone else unless you agree to it, or ask us to.
With Monzo Business Pro, new Xero users can get 6 months of the cloud accounting platform free (terms apply). Learn more.
Your questions, answered
Check if you're eligible
You can apply for a business bank account if you’re a sole trader or a registered limited company by shares (Ltd), based in the UK, and if you're an Ltd also a tax resident only in the UK.
Head to our eligibility criteria for more detail on businesses and industries we can and can’t support at the moment.
Your eligible deposits are protected
As a fully regulated UK bank, we’re covered by the Financial Services Compensation Scheme (FSCS). Your eligible deposits in Monzo are protected by the FSCS up to a value of £85,000 per eligible depositor 💰You can find out more about eligible businesses, if you’re interested.
Get started with Monzo Business today
Thousands of business owners have already changed the way they do business banking. Sign up from your phone to join them.