With Monese being headquartered in the UK, will you still be allowed to operate in the EU after Brexit?
Why is Monese transferring my account to an EU entity?
Monese is currently regulated by the UK’s Financial Conduct Authority. Who will be regulating the EUR accounts after the transfer to the EU entity?
Will my EUR account still work after Brexit?
Will my UK (GBP) account still work after Brexit?
As a user based outside of the UK I understand that my Monese account will receive a new IBAN number - when will this happen and do I need to do anything in order to get it?
I live outside the UK and have a Monese GBP account - what happens to my GBP account once my EUR account will be transferred to the new EU entity?
Does this mean I will have two separate EUR accounts at Monese, with different IBAN account numbers?
I receive regular payments in my Monese EUR account - will these continue to arrive even after my account number has changed and I have a new IBAN?
I made a payment to my GB IBAN on my Monese EUR account after the transfer to the EU entity, what will happen?

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Will customers still be able to open an account instantly?

Bilal

27 January 2020 16:57
Updated

Yes, based on what we know right now, you will still be able to open an account in minutes and we expect our checks to remain the same.