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Overview

Description

Monzo is a leading digital bank based in the UK, offering mobile-first personal, joint, and business accounts, savings, investments, and flexible credit products.

General Info

Address
Broadwalk House, 5 Appold Street, London EC2A 2AG, United Kingdom
Identification number
09446231
CEO
TS Anil
COB
Gary Hoffman
Email
help@monzo.com
Full name
Monzo Bank Limited
Name
Monzo
Number of ATMs
0
Number of branches
0
Social Media
SWIFT code
MONZGB2LXXX
Year of foundation
2015

Overview

Country of registration
United Kingdom
Supported languages
English
Commissions
Low
Crypto-Friendly
Risk
Low risk
AML Tolerance
Low
Account Currency
EUR, GBP, USD
International Transfers
SWIFT, SEPA, Faster Payments
Card/Payment Scheme
Mastercard
Business focus
Corporate banking, Currency exchange, Deposits, Investments, Money transfers, Personal banking
License type
Retail and Commercial Banks
Regulators
OCC, FDIC, FCA, PRA, BoE
Authorities
FOS, NCA, FinCEN, ICO, CMA, FSCS

Area served

North America
United States
Europe
Ireland, United Kingdom

Pros & Cons

Pros

  • Easy. Coinbase is renowned for making the entire buying process simple

  • Tried and tested. Coinbase has been one of the world’s best-known exchanges for years and has never been hacked

  • Wide service range. Try Coinbase Earn to get some free crypto, and Coinbase Learn to get some free education and more

  • Customer service. Coinbase is one of few crypto exchanges to offer 24/7 phone support

Cons

  • Easy. The fees vary but will typically be higher than what you can find elsewhere

  • Limited account options. Coinbase offers a limited range of account types