Monese Classic



The second offering from Monese help you to have a current account with no fees on cash withdrawal and currency exchange up to 800 £. You can have UK account number with additional Euro account with which you can transfer money. They offer different premium offer with smaller fees against a fixed monthly with the Plus and Premium. From now, you can have a Romanian account with a local IBAN. So With your new RON account, you’ll be able to shop, spend and save like a true local, using the country’s currency, the Romanian Leu.
Monese was among the very first banks in the United Kingdom to only be available via a mobile app. It services more than 600,000 users in 20 European countries, moving over 2.5 billion US dollars a year. 75% of incoming funds from salary payments.
Monese has been officially named ‘Best Challenger-Bank’ in Europe and was even awarded 1.1 million euros by the European Commission for research and innovation.
Score
Likes
- UK, EU & Romanian IBAN account
- Excellent app Support Apple/Google Pay
- Up to 6 withdrawals free per month
- Virtual Card
Dislikes
- Limit of 8'000£ of currency conversion
- Limited to EEA zone & UK
Open account | Close account | Domestic ATM Transaction | International ATM Transaction | Foreign exchange fee | Monthly service fee | Loading fee | Shipping cost |
---|---|---|---|---|---|---|---|
Free | Free | 800£ free 2% after | 800£ free 2% after | 8000£ free after 2% | 4.95€ | 800£ free 2% after | Free |
Network | Insurance | Rewards | Card type | App | Transfer between user | Physical Card | Virtual Card | Apple Pay | Android Pay |
---|---|---|---|---|---|---|---|---|---|
Mastercard | Yes | No | Debit | Yes | Yes | Yes | Yes | Yes | Yes |
Value dail online transaction | Single ATM transaction limit | Daily ATM withdrawal limit | Monthly ATM withdrawal limit | Max single top-up value | Max daily load | Max daily limit bank transfers |
---|---|---|---|---|---|---|
5’000 € | – | 2’500 € | 20’000 EUR *country | No limit | No limit | 50’000 EUR |
Multiple currency | Currency | Country avaibility |
---|---|---|
No | EUR | Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, Netherlands, Portugal, Slovakia, Slovenia, Sweden, Norway, Denmark, Poland, Iceland and Liechtenstein. |
Bitcoin | Other crypto | Transfer In/Out crypto | Without KYC |
---|---|---|---|
No | No | No | No |
IBAN | Country IBAN | Wire transfer | Trading | Banking license |
---|---|---|---|---|
Yes | EU | Yes | No | Yes |