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Monese Reviews

Monese customers' can move money internationally in 19 different currencies at wholesale exchange rates.

Previous
Provider
6.6 /10
Based on 48754 reviews
#5 of 5 app based banks
  • Sentiment Score: 0.7/10
  • 48754 reviews found on websites such as TrustPilot

Price Band

£ £ £ £ £

Good for

  • Rated 4.76/5 by Smart Money People
  • The app can be used in 14 languages
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84% of consumers read reviews before purchasing
*Based on an independent survey of 1000 people by Compare By Review
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  • All (7),
  • Claims (0),
  • Service (7),
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Edi
Cover Purchased
i Reviewed without invitation
Reviewed the Service experience on 21 Jun 2024

Appalling Customer Service

I opened an online account with Monese some time ago. I forgot my login details and was trying to get Monese to reactivate my account. This is the worst online banking experience I have ever had.…
  • Recieved a response over 5 days after their service query was submitted
  • Was neither happy or unhappy with their experience when they spoke to someone
Stavros Mouslopoulos
Cover Purchased
i Reviewed without invitation
Reviewed the Service experience on 31 Mar 2023

Monese Blocked My Account For Several…

Monese blocked my account for several days - no explanation no communication - probably the next bank to go bankrupt ...
  • Recieved a response over 5 days after their service query was submitted
  • Was neither happy or unhappy with their experience when they spoke to someone

Frequently asked Questions

FAQ Icon

To open an account you need to download the free Monese app via your smartphone. You then need to fill in the necessary details. The whole process will take just a few minutes and is clear and easy to navigate. You need to have some photo ID to hand to take a photo of and be ready to record a quick video of yourself for authentication.

There are a few options ranging from in-app automated chat, email and by phone. The in-app chat is the fastest way to get information, but if you have a specific question about your account you can leave a message or request a callback.

Monese states that 100% of their customers' funds are protected and are authorised by the Financial Conduct Authority (FCA). Their accounts are not protected by the Financial Conduct Authority Scheme (FSCS).