FEES & LIMITS

Fees

Your Monese Account is subject to the following fees. The fees detailed below relate to the core bundle of services provided to you that are core services in relation to normal use of your Monese Account. Our revenue is generated by the core fees that we charge to you. The other fees are charged to you on an ad hoc basis when certain services are used/required by you on your Monese Account.

1. We’ve set out the fees for your Monese Account below, which detail the core services of normal use of your Monese Account. The fees shown in euros apply if you have a Monese EUR Account, the fees shown in pounds sterling apply if you have a Monese GBP Account and the fees shown in lei apply if you have a Monese RON Account. We generate our revenue from the core fees that we charge to you. The other fees are charged to you when you use certain services on your Monese Account. If you have more than one Monese Account, you’ll only be charged the fees shown below for your Primary Monese Account and not for any other Monese Account you hold alongside.

2. The following fees apply if you’ve opened a Monese Account on or after 1 July 2019 (or if you opened a Monese Account before 1 July 2019 but didn’t choose your current Plan before 1 July 2019). However, if you open your Monese Account on or after 1 August 2020, the Plans and any features of the Plans available to you, including any fees and top-up requirements, may be different to the descriptions in this Agreement depending on the country you live in. Where this is the case, we will send you an email as soon as you have successfully opened your Monese Account, to explain any differences to your Plan, the features of your Plan, including any fees and top-up requirements. This information will also be displayed in your Monese App. If you do not like any of the changes described in the email, you are entitled to close your Monese Account at any time (see section 2.38 for details on closing your Monese Account).

Fees from 01/07/2019

Simple or Joint Account

Classic

Premium

Fees prior to 01/07/2019

Starter

Plus

Premium

If you’re a resident of Ireland, there will be an additional tax for cash withdrawals. We debit this amount retrospectively from your account for the preceding year.

Limits

MONESE ACCOUNT LIMITS IF YOU CHOOSE TO OPEN A MONESE GBP ACCOUNT

When applying for a Monese GBP Account, you can choose your Plan in the Monese App and find the full Monese Account Limits in the table below. If you’re applying for a Monese GBP Account on or after 1 July 2019 (or you opened your Monese GBP Account but didn’t choose a Plan before 1 July 2019), you can choose between the Simple, Classic and Premium Plans. You can change between your Plan at any time. (If you applied for a Monese GBP Account and chose a Plan before 1 July 2019, you would’ve been able to choose from the Starter, Plus and Premium Plans in the Monese App). You can choose to apply for a Monese Joint Account with another person (see section 3 of this Agreement for details on Monese Joint Accounts) once you’ve opened a Simple, Classic, or Premium account.

If you open your Monese Account on or after 1 August 2020, the Plans and any features of the Plans, available to you including any fees and top-up requirements, may be different to the descriptions in this Agreement depending on the country you live in. Where this is the case, we will send you an email as soon as you have successfully opened your Monese Account, to explain any differences to your Plan, the features of your Plan, including any fees and top-up requirements. This information will also be displayed in your Monese App. If you do not like any of the changes described in the email, you are entitled to close your Monese Account at any time (see the section “Closing Or Suspending Your Monese Account” in your Agreement for details on closing your Monese Account ).

Monese GBP Account

Simple (Starter before 01/07/19) / Monese Joint Account

Classic (Plus before 01/07/19)

Premium

Monese EUR Account

MONESE ACCOUNT LIMITS IF YOU CHOOSE TO OPEN A MONESE EUR ACCOUNT

When applying for a Monese EUR Account, you can choose your Plan in the Monese App and find the full Monese Account Limits in the table below. If you’re applying for a Monese EUR Account on or after 1 July 2019 (or you opened your Monese EUR Account but didn’t choose a Plan before 1 July 2019), you can choose between the Simple, Classic and Premium Plan. You can change between your Plan at any time. (If you applied for a Monese EUR Account and chose a Plan before 1 July 2019, you would’ve been able to choose from the Starter, Plus and Premium Plans in the Monese App).

Simple (Starter before 01/07/19) / Monese Joint Account

Classic (Plus before 01/07/19)

Premium

Monese RON Accounts

MONESE ACCOUNT LIMITS IF YOU CHOOSE TO OPEN A MONESE RON ACCOUNT

When applying for a Monese RON Account, you can choose between the Simple, Classic and Premium Plans in the Monese App and find the full Monese Account Limits in the table below.

Simple

Classic

Premium