What exactly is Monese for Individuals?

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 Individuals App?

• Receive instant notifications by the time customers make or receive payments
• Fund the account from debit cards, wire transfers, or cash (the latter only in the UK)
• Connect to apps like Google Pay or Apple Pay

For this segment, Monese offers three price tiers: The Simple fee is free of charge, while the Classic fee is GBP 5.95 per month, and the Premium fee is GBP 14.95, with no fees on money additions nor withdrawals.

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