What exactly is Monese for Business?

Monese came to the market as a neobank which allows EU residents and non-residents to open bank accounts in GBP or EUR; this app also claims not to require any credit evaluations nor evidence of having an address in the European Union.

The Monese app has a flat, clean design and its functionalities are pretty like their competitors’, being the main edge the lack of restrictions for opening an account.

What can you do with the Monese for Business App?

• Free-of-charge money transfers within the UK
• A contactless MasterCard for business expenses
• Account opening in minutes, that turns active after a couple of hours

For this segment, Monese offers a single, flat fee of GBP 9.95/month.

More information can be found at https://monese.com/business