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

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

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

Monzo vs Lebara: Quick Feature Comparison

  1. Visit Monzo 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

  2. Visit Monzo alternative Lebara Visit Lebara

    Used By: 3000000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: visa, mastercard, maestro
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: 10 GBP
    Max Transfer: 3000 GBP
    Year Founded: 2001

Monzo vs Lebara: Pros and Cons

Monzo vs Lebara
Advantages

Monzo Advantages Lebara Advantages
  • Monzo provides phone customer support.
  • Monzo provides email customer support.
  • Monzo is available to iOS Apple device users.
  • Monzo is available to Android mobile device users.
  • Lebara has been in operation for over 23 years.
  • Lebara offers an extensive range of currency options for money transfers.
  • Lebara has a Apple iOS app on Apple app store.
  • Lebara offers a Android Google Play Store mobile app.

Monzo vs Lebara
Disadvantages

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

Monzo vs Lebara Fees and Other Costs

Fee type Monzo Fees Lebara Fees
Transfer Fees none none
Min Transfer none 10 GBP
Max Transfer 10000 GBP 3000 GBP
Payment Methods bank transfer, phone contact visa, mastercard, maestro
Currencies GBP EUR, CZK, GHS, HUF, INR, KES, NGN, PKR, LKR, UGX

Monzo vs Lebara Restricted Countries

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

Lebara 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 vs Lebara Transfer Speeds

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

Monzo vs Lebara Languages

Monzo Supported Languages

Lebara Supported Languages

Monzo vs Lebara Verdict - Which is better?

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

  • Monzo vs Lebara Transfer Fees: Transferring money with Monzo costs none while Lebara charges none.
  • Monzo vs Lebara Supported Currencies: Monzo deals in over 1, where as Lebara offers transactions in 1.
  • Monzo vs Lebara Payment Methods: Monzo accepts bank transfer, phone contact, while Lebara allows transactions via visa, mastercard, maestro.
  • Monzo vs Lebara Transfer Limits: Monzo allows transfers between none and 10000 GBP. Lebara's range is 10 GBP to 3000 GBP.
  • Monzo vs Lebara Minimum Age for Account Creation: Monzo requires users to be at least 18 years old, where as Lebara has a minimum age requirement of 18.
  • Contact Number: You can reach Monzo at 00 44 20 3872 0620 and Lebara at .
  • Monzo vs Lebara Countries of Operation: Monzo operates in over 1 countries but has restrictions in over 1 countries. Lebara serves 1 countries and restricts operations in 1 countries.
  • Monzo vs Lebara Client Base: Monzo is used by 5, where as Lebara serves 3,000,000.
  • Monzo vs Lebara Year Founded: Monzo was established in 2015 and Lebara began its operations in 2001.
  • Monzo vs Lebara Customer Rating: Monzo holds a rating of 3, in contrast, Lebara has a rating of 3.
  • Monzo vs Lebara Headquarters: Monzo has its headquarters at London, UK, while Lebara is based at London, UK.
  • Monzo vs Lebara Employee Count: Monzo employs 1,551 individuals, where as Lebara has a team of 400.
  • Monzo vs Lebara Estimated Annual Turnover: Monzo turnover stands at 80000000, while Lebara boasts a turnover of 400,000,000 EUR.
  • Monzo vs Lebara Founder: Monzo was founded by Carol Kobuke Nelson, holding the position of CEO. On the other hand, Lebara was the brainchild of , currently holding the position of .
  • Monzo vs Lebara Supported Languages: Monzo offers support in over 1 languages. Lebara communicates in 1.

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Screenshots

Monzo Screenshot

Monzo Screenshot

Lebara Screenshot

Monzo Screenshot