Update: We're making some changes in the background and not onboarding new business customers right now.
Brace yourself for some exciting news, Monese Business accounts are here! Say hello to a new kind of money management for business that can be set up in minutes, from your mobile. It’s no-fuss and hassle-free. So you can get on with running your business.
Opening a business account can be a time-consuming and complicated process. If you’re not a local it is especially rigid, expensive and - at times - painful. It can take weeks, or even months, to get your foot in the door with a traditional bank. If your business takes you all over the world, you don’t have time to wait for the bank manager to call.
We have created Monese Business for globally-minded entrepreneurs. We know that life moves fast for you. Why should your ambitions have to wait?
Money management for business that moves as fast as you do
Using our app, you’ll be able to set up your account in minutes, simply from your mobile phone, wherever you may be in the world. All you need to have is a UK registered company and a passport.
We’ve also included our popular and trusted Monese Plus account in the package at no extra cost, for which you’ll be verified in minutes, so you’ll have immediate access to your personal account. Once your new Monese Business account is opened, you’ll be able to manage your business and personal finances seamlessly, in one place, via our simple-to-use app.
To top that, Monese Plus gives you access to two personal accounts, both a UK account and a Euro IBAN account, allowing you to manage money like a local in 20 countries. That’s a grand total of three accounts!
A fixed fee that’s simple and fair
The Monese Business account costs a simple £9.95 a month and offers all the popular features you would find for our personal accounts: unlimited transfers, direct debits and our award-winning app. It also gives you great rates on currency conversions, as well as affordable cash deposits across over 40,000 locations in the UK. And we’ll always give you complete transparency on fees, whether you’re a Personal or Business customer.
Business accounts also come with a beautiful, shiny-new Monese Business Mastercard and a personal Monese Mastercard, both of which you can use anywhere in the world. On the ATM withdrawals front, the first six on your Business card are free. Then you also get six free with your personal card. That’s 12 free cash withdrawals each month, plus additional, free withdrawals via in-store cashback!
Lots of ‘smarts’, lots of languages
Just like our personal customers, you’ll have access to our app, website and live customer support in 12 different languages - all from your pocket! ‘Monese Business’ also includes our nifty Smart Transaction feature. You can use this to categorise your spending (helpful when those year-end accounts come around) and keep a real-time oversight of your cash flow. You’ll also be able to view, export and print your statements without any bother.
Coming very soon...
Monese Business is only going to get better over the coming months, as we work behind the scenes to launch more in-depth features. We’ll also be adding European accounts very soon, offering the same perks and features that we know you’ll love. We’re looking forward to helping you do business.
We’re in the process of rolling it out to everyone, so simply head over to your app store and download the latest version of the Monese app to get started! In the meantime, learn more here!