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Money Transfer Services
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Last Updated: 04/18/2025

Monzo Money Transfer

in Money Transfer Services from Monzo

Last Updated: 04/18/2025

Monzo Money Transfer logo
Strongly recommended9 total votes
9 users recommend
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Highlights

Community Rating

Strongly recommended

Minimum Transfer

$1

Transfer Speed (days)

1

Processing Fee Range ($)

N/A

Processing Commission

N/A

Number of Reviews

9
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Monzo Money Transfer Review

Monzo is a peer-to-peer, or P2P, payment platform based in Las Vegas, NV. It was founded in 2015 and offers money transfers to 37 countries.

Monzo FAQ

What money transfer methods does Monzo support?

Monzo allows you to send money with the following receive options (options vary by receive country):
  • Bank accounts.

How much money can you send with Monzo?

Monzo does not have a minimum transfer amount.
The maximum amount you can send per transfer is $49,999 , but this may vary per country.

What fees and commissions does Monzo charge?

  • Monzo offers free peer to peer (P2P) money transactions. However, you may have to pay a fee if you use certain payment options, such as a credit card, or if you exceed their transaction amount limits.
  • Monzo does not charge a flat processing fee..
  • There isn't a processing commission fee.
  • Monzo does not charge a currency exchange fee. Instead, Monzo makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.
Monzo does not charge a fee to send money to Mexico. However, remember that money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Monzo does not charge a fee to send money to India. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Monzo does not charge a fee to send money to the Philippines. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. Monzo does not charge a fee to send money to China. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction.

How does Monzo compare to other money transfer services?

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

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Hours of Operation

Sunday
7:00AM - 7:00AM
Monday
7:00AM - 7:00AM
Tuesday
7:00AM - 7:00AM
Wednesday
7:00AM - 7:00AM
Thursday
7:00AM - 7:00AM
Friday
7:00AM - 7:00AM
Saturday
7:00AM - 7:00AM

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