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Current Account

Fee information

14th November 2019

This document informs you about the fees for using the main services linked to the payment account. It will help you to compare these fees with those of other accounts.

Fees may also apply for using services linked to the account that are not listed here. Full information is available in the Terms and Conditions.

A glossary of the terms used in this document is available free of charge.

General account services

Maintaining the account: £0
Refusing a payment due to lack of funds: £0
Allowing a payment despite lack of funds: £0

Payments (excluding cards)

Direct Debit: £0
Standing Order: £0
Sending money within the UK: £0
Sending money outside the UK: Provided via TransferWise see additional services below
Receiving money from outside the UK: Not applicable

Cards and cash

Cash withdrawal in pounds in the UK: £0
Cash withdrawal in foreign currency: First £200 in a 30 day period free, 3% after that
Debit card payment in pounds: £0
Debit card payment in foreign currency: £0
Arranged overdraft: First £20 free, then £0.50/ day
Unarranged overdraft: First £20 free, then £0.50/ day

Other services

Cancelling a cheque: Not applicable

Package of services

Not applicable
Services beyond these quantities will be charged separately

Information on additional services

Information on fees for services exceeding the quantity of services covered by the package of services (excluding fees listed above)

International money transfer - Transferwise: See https://transferwise.com/ for details
Ordering a replacement card abroad: £30 per replacement

We’ll charge a fee for replacing cards which have been lost, stolen or misused. This fee covers both the cost of replacing and delivering the card. This doesn’t apply to circumstances where Monzo is responsible. We’ll take the fee from your Monzo account as soon as you order the card.