Sending bank transfers with Monzo Business
You can send money to anyone using their bank details.
How to send a transfer
Go to the Pay tab
Tap Pay by bank transfer
Add or choose a recipient
Enter their details (name, IBAN, reference)
Enter the amount
Review and confirm
How long it takes
Most transfers arrive within 1 business day, but timing can vary.
Important to know
You may briefly see an Undo option after sending
After this, the payment can’t be cancelled in the app
If a payment shows as completed, it has left your account
The receiving bank may take extra time to apply it
Always double-check the details before sending.
Was this article helpful?
Related articles
- Applying for a Monzo Business account online
- Ways to get paid with Monzo Business
- Monzo Business: Getting paid fees
- Accept contactless payments with your phone
- Accepting business card payments with Stripe
- Creating QR codes for business payments
- Creating and sharing payment links for your business
- Sending bulk payments from your Business account
- Managing your business payment requests
- Monzo Business: Invoice payment options
- Monzo Business: Invoices
- Using Monzo Business on the web securely
- Managing your Monzo Business account on the web
- Monzo Business: Payments on the Web