All your Monese accounts in one app

Our accounts are perfect for those who may find it difficult to open one with a traditional bank. To do that, you often need to have a strong credit history and a fixed income, as well as providing proof of address. But for foreign nationals, expats, freelancers, migrants and nomads, that documentation is not always easily available.

Here at Monese we like to help as many people as possible. To open an account with us you need to be:

• Aged 18 or above
• Living in one of the 30 countries in the European Economic Area or in the UK.

You can use your Monese account to do a variety of things, safe in the knowledge that all transactions are fully protected. For example, you can:

• Top up your account by adding money
• Make fast and easy payments on the go
• Complete international money transfers
• Keep track with careful budgeting

To open an account you’ll first need to download the app – have your phone number, email address and ID to hand. Once that’s done, you’ll have to record a quick video selfie in the app to verify that it’s you. That’s all you need! Remember, we don’t require details of your credit history. We know that’s difficult to provide if you move regularly or have recently relocated.

Although you can use your Monese account to do things like make payments, transfers and withdrawals, there are some key differences between us and a regular bank:

• We’re classed as an electronic money institution, not a bank
• We don’t have physical branches
• An overdraft will not be available on your account
• You do not need to provide a credit history or income to open an account
• Your money is protected under the EU Electronic Money Directive 2009/110/EC and the UK’s Electronic Money Regulations 2011 but not by the Financial Services Compensation Scheme

Yes. We offer debit cards and travel cards to all our account holders. You can activate yours in the app by entering the last four digits of your card number, and then you’re all set. You can use it in most places where Mastercard is accepted – whether it be on the high street, for ATM withdrawals or online shopping.

There may be some fees attached when you use your mobile money account, but it depends how you use it and which pricing plan you’ve signed up for. You can choose between Starter, Classic or Premium.

We’re the perfect alternative for those who might struggle to get an account with a traditional bank. Here are just some of the reasons to manage your money with the Monese app:

• We’re inclusive – You can open an account without a fixed income
• We’re easy – Keep on top of your money at the touch of a button, no matter where you are or where you’re going
• We’re great value – You can send money to loved ones overseas and get the real exchange rate
• We’re safe – Upload a video selfie in the app, use the secure log in and rest easy knowing you’re fully protected

Find out more about Monese.