Monzo Business

It just works, so you can too

Monzo Business helps small businesses stay on top of their finances. Starting at no monthly fees.

British Bank AwardsFaster PaymentsCurrent Account Switching ServiceFinancial Services Compensation Scheme

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

Including the best of Monzo
Plus the essentials
Built for business
Pro£5/m
Your business' finances, taken care of.
LiteFree
The best of Monzo, for your business.
Tax Pots
YesNo
Integrated accounting
YesNo
Multi-user access (Ltds only)
YesNo
Invoicing
YesNo
Exclusive offers
YesNo
6 months Xero free (optional)
YesNo
Mobile and web access
YesYes
Business debit card
YesYes
24/7 customer support
YesYes
Free, instant UK bank transfers
YesYes
Pots to separate money
YesYes
Instant notifications
YesYes
Budget and categorise spending
YesYes
Digital receipts
YesYes
Full UK current account
YesYes
Mobile signup and switching
YesYes
Apple Pay and Google Pay
YesYes
Fee-free spending abroad
YesYes
Manage scheduled payments
YesYes
Pay in cash and cheques
YesYes
£85,000 FSCS protection (if eligible)
YesYes
Advanced security
YesYes

Simple pricing, no commitment

FeaturesProLite
Monthly price£5Free
Tax Pots
YesNo
Integrated accounting
YesNo
Multi-user access (Ltds only)
YesNo
Invoicing
YesNo
Exclusive offers
YesNo
6 months Xero free (optional)
YesNo
Mobile and web access
YesYes
Business debit card
YesYes
24/7 customer support
YesYes
Free, instant UK bank transfers
YesYes
Pots to separate money
YesYes
Instant notifications
YesYes
Budget and categorise spending
YesYes
Digital receipts
YesYes
Full UK current account
YesYes
Mobile signup and switching
YesYes
Apple Pay and Google Pay
YesYes
Fee-free spending abroad
YesYes
Manage scheduled payments
YesYes
Pay in cash and cheques
YesYes
£85,000 FSCS protection (if eligible)
YesYes
Advanced security
YesYes

"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.

Having Monzo Business in my pocket gives me confidence every day.

Kyle Welsby

Director, MeKyle LTD

Software engineering Manchester, UK

It's been so straightforward, and it just works, which is great.

Sara and Sean McArdle

Owners, Marquis of Granby

Pubs and breweries Nottinghamshire, UK

You can do a quick switch to Monzo from your old bank account, in the app.

Matt Navarra

Social media consultant

Digital marketing Wales, UK

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.

Sign up straight from your phone

We’ll ask some questions about your business to see if you’re eligible.

If you have a Monzo Current Account, apply in your app.

If you don’t have a Monzo Current Account, sign up in these 3 steps.

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.