Monese vs Monzo - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Monese and Monzo have emerged as leading choices. Both Monese and Monzo online platforms offer efficient and cost-effective and secure international money transfers from Monese and Monzo.

We compare Monese vs Monzo into the unique features and benefits that distinguish Monese vs Monzo, empowering you to make an informed decision based on your specific transfer needs like Monese vs Monzo fees, currencies available, available payment methods on Monese compared to Monzo, support options offered by Monese vs Monzo, speed and more.

Monese vs Monzo: Quick Feature Comparison

  1. Visit Monese alternative Monese Visit Monese

    Used By: 2200000
    Currencies Available: 3
    Transfer Fees: none
    Payment Methods: Google pay
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 50000 EUR
    Year Founded: 2015

  2. Visit Monese alternative Monzo Visit Monzo

    Used By: 5,000,000
    Currencies Available: 1
    Transfer Fees: none
    Payment Methods: bank transfer, phone contact
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 10000 GBP
    Year Founded: 2015

Monese vs Monzo: Pros and Cons

Monese vs Monzo
Advantages

Monese Advantages Monzo Advantages
  • Monese is available internationally.
  • Monese provides email customer support.
  • Monese is available to iOS Apple device users.
  • Monese is available to Android mobile device users.
  • Monzo provides phone support.
  • Monzo offers registered customers email support.
  • Monzo has a Apple iOS app on Apple app store.
  • Monzo offers a Android Google Play Store mobile app.

Monese vs Monzo
Disadvantages

Monese Disadvantages Monzo Disadvantages
  • Monese has no PayPal support.
  • Monese has no Neteller payments support.
  • Monese has no Skrill payment support.
  • Monese does not have as many fiat currency transfer options as some other providers.
  • Monese does have a mobile digital wallet like some others.
  • No home delivery with Monese.
  • No cash pickups with Monese.
  • No money order support with Monese.
  • No live chat support with Monese.
  • Monese has no telephone support.
  • Monzo has no PayPal option.
  • Monzo has no Neteller option.
  • Monzo has no Skrill option.
  • Monzo is not available is as many regions as some other providers.
  • Monzo has few fiat currency then some others.
  • No digital wallets with Monzo.
  • No Monzo home delivery.
  • No Monzo Cash pickups.
  • No Monzo money order option.
  • No Monzo Livechat.

Monese vs Monzo Fees and Other Costs

Fee type Monese Fees Monzo Fees
Transfer Fees none none
Min Transfer none none
Max Transfer 50000 EUR 10000 GBP
Payment Methods Google pay bank transfer, phone contact
Currencies GBP, EUR, RON GBP

Monese vs Monzo Restricted Countries

Monese Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Monzo Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Monese vs Monzo Transfer Speeds

Transfer Speed Monese Monzo
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Monese vs Monzo Languages

Monese Supported Languages

Monzo Supported Languages

Monese vs Monzo Verdict - Which is better?

Which is best out of Monese and Monzo depends on your needs.

  • Monese vs Monzo Transfer Fees: Transferring money with Monese costs none while Monzo charges none.
  • Monese vs Monzo Supported Currencies: Monese deals in over 1, where as Monzo offers transactions in 1.
  • Monese vs Monzo Payment Methods: Monese accepts Google pay, while Monzo allows transactions via bank transfer, phone contact.
  • Monese vs Monzo Transfer Limits: Monese allows transfers between none and 50000 EUR. Monzo's range is none to 10000 GBP.
  • Monese vs Monzo Minimum Age for Account Creation: Monese requires users to be at least 18 years old, where as Monzo has a minimum age requirement of 18.
  • Contact Number: You can reach Monese at and Monzo at 00 44 20 3872 0620.
  • Monese vs Monzo Countries of Operation: Monese operates in over 1 countries but has restrictions in over 1 countries. Monzo serves 1 countries and restricts operations in 1 countries.
  • Monese vs Monzo Client Base: Monese is used by 2,200,000, where as Monzo serves 5.
  • Monese vs Monzo Year Founded: Monese was established in 2015 and Monzo began its operations in 2015.
  • Monese vs Monzo Customer Rating: Monese holds a rating of 3, in contrast, Monzo has a rating of 3.
  • Monese vs Monzo Headquarters: Monese has its headquarters at London, UK, while Monzo is based at London, UK.
  • Monese vs Monzo Employee Count: Monese employs 299 individuals, where as Monzo has a team of 1,551.
  • Monese vs Monzo Estimated Annual Turnover: Monese turnover stands at 62800000, while Monzo boasts a turnover of 80000000.
  • Monese vs Monzo Founder: Monese was founded by Norris Koppel, holding the position of CEO. On the other hand, Monzo was the brainchild of Carol Kobuke Nelson, currently holding the position of CEO.
  • Monese vs Monzo Supported Languages: Monese offers support in over 1 languages. Monzo communicates in 1.

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Screenshots

Monese Screenshot

Monese Screenshot

Monzo Screenshot

Monese Screenshot