We're a fully regulated UK bank
We're regulated by all the same rules as high street banks
Open a business account online, straight from your phone
Customers voted Monzo the 2022 Best Business Banking Provider (British Bank Awards)
Award-winning customer support, 24/7
You get the best of Monzo
Move money easily with free, instant UK bank transfers
Get notified the second you pay, or get paid
Set money aside, separate from your balance, with Pots
- Earn interest on savings with our Instant Access Savings Pot. Ts&Cs Apply.
Built for your business
Give customers simple ways to pay online
Connect accounting tools so everything's in one place
Manage your business account wherever you are, with mobile and web access
Use separate virtual cards for each Pot you create, helping you control where you spend from with Monzo Business Pro
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
Simple pricing, no commitment
Built for business
Including the best of Monzo
Plus the essentials
We charge £1 to pay in cash at PayPoint. And for countries outside the European Economic Area, you can take out £200 cash for free every 30 days. After that, we charge 3%. These charges cover our costs for these services and everything else is included in the plan price. No hidden fees.
Get paid, the easy way
Target Tuition use a Monzo Business bank account to:
Create payment links or invoices in a few taps
Offer customers simple ways to pay by card or easy bank transfer
Save time on admin with all your payments in one place
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
Only available on Monzo Business Pro for £5 a month
"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
"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 on Monzo Business pro to:
Manage their finances together
Improve visibility across the business
Split up their workload, especially if someone's away
Automate accounting with tools you already use
Integrate accounting tools like Xero, FreeAgent and QuickBooks to automatically share your balance and transactions every day with Monzo Business Pro.
If you use other tools, or don’t use any, easily export a file of your transactions or statements (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.
Independent service quality survey results
Published August 2023
As part of a regulatory requirement, independent surveys were conducted to ask customers of the largest business current account providers in Great Britain if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.
Everything you need to know about starting a business, business banking and Monzo business features
Take a look at our blogs and articles covering everything from why you need a business account, to running a successful business, making hires and everything inbetween.