Can I use my multi-currency IBAN for local payments?

  • Last updated on July 5, 2024 at 1:42 PM

Your multi-currency IBAN won't work for domestic payments ─ any incoming payment will fail, and be returned to the sender. 

  • If you want to receive money in the currency of your Monese account, it's easier and faster to use your local account details.
  • If you have a GBP account, you can receive GBP payments from within the UK using your account number and sort code.
  • f you have a EUR account, you can receive EUR from any country in the EU via SEPA using your EUR account details.