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- - Would Monzo work for Amazon UK? (https://www.aspkin.com/forums/amazon/147755-would-monzo-work-amazon-uk.html)

Hardgrafter

06-05-2022 07:11 AM

Would Monzo work for Amazon UK?

Hello guys

Hope everyone is doing well.

Would Monzo Business Bank Account work for Amazon (selling account)?
This is non stealth (all legit details).

A friend of mine said Monzo is not a good idea but I just thought I'll ask the experts on here.

Thank you.

murdered_by_ebay

06-05-2022 09:41 AM

Re: Would Monzo work for Amazon UK?

monzo is not a good idea because they block people too easily and may refuse to pay out the money

Hardgrafter

06-05-2022 12:30 PM

Re: Would Monzo work for Amazon UK?

Quote:

Originally Posted by murdered_by_ebay (Post 1194013)

monzo is not a good idea because they block people too easily and may refuse to pay out the money

Hello

Thanks for your reply. When you say "they block people too easily"
Do you mean Amazon will block payment or Monzo will block the payment?

e2free

06-05-2022 12:44 PM

Re: Would Monzo work for Amazon UK?

Monzo works fine on Amazon, it also works on ebay

murdered_by_ebay

06-05-2022 09:28 PM

Re: Would Monzo work for Amazon UK?

monzo is a usual bank that works everywhere but there are lots of complaints about frozen accounts there , you can google this

Hank	06-06-2022 03:10 AM

Re: Would Monzo work for Amazon UK?

If, as you say, it's legit details which can be verified then Monzo will work just fine.

rsot	06-06-2022 05:07 AM

Re: Would Monzo work for Amazon UK?

OP, legit details in use will work fine in general

murdered_by_ebay

06-06-2022 06:02 AM

Re: Would Monzo work for Amazon UK?

monzo is a special case , there are lots of people who completely legit accounts were frozen and the money was not paid out for a long time , don't know if they are still doing it but 1-2 years back it was happening in bulk to thousands of people

DanielLin

06-06-2022 08:51 AM

Re: Would Monzo work for Amazon UK?

Vote no here, my monzo account got blocked as well for no reason, aviod it

Hardgrafter

06-06-2022 11:48 AM

Re: Would Monzo work for Amazon UK?

Quote:

Originally Posted by DanielLin (Post 1194076)

Vote no here, my monzo account got blocked as well for no reason, aviod it

Hi there,

Were you using your Monzo for business purposes on Amazon? And was it under real verified details?

Thank you and I hope they unfreeze your funds soon.

DanielLin

06-06-2022 03:46 PM

Re: Would Monzo work for Amazon UK?

Quote:

Originally Posted by Hardgrafter (Post 1194090)

Hi there,

Were you using your Monzo for business purposes on Amazon? And was it under real verified details?

Thank you and I hope they unfreeze your funds soon.

No, my is a personal one under my details. They opened a channel for me to transfer the remaining balance after they blocked me. That took a few days but certainly won't recommend

allthestuff

07-18-2022 05:01 AM

Re: Would Monzo work for Amazon UK?

Quote:

Originally Posted by Hardgrafter (Post 1194000)

will it work both as deposit method and charging card?

rsot	07-18-2022 05:06 AM

Re: Would Monzo work for Amazon UK?

Seems mixed back of experience with Monzo - might be better to stick with physical bank if expecting a lot of business

deebee80

10-13-2022 11:23 AM

Re: Would Monzo work for Amazon UK?

I was thinking about monzo for Amazon, however am worried about these blocks. I have high turnover. I suppose a high street bank would be better? What do you guys think.

murdered_by_ebay

10-13-2022 04:30 PM

Re: Would Monzo work for Amazon UK?

monzo is a usual bank but it is easy to get in there so higher risk of being blocked. due dilligence on barclays for example is a lot higher so if you get in you will have less risk of being kicked out

deebee80

10-14-2022 05:55 AM

Re: Would Monzo work for Amazon UK?

Quote:

Originally Posted by rsot (Post 1197378)

Seems mixed back of experience with Monzo - might be better to stick with physical bank if expecting a lot of business

Better to stick to a high street bank then I assume..

gagan

11-06-2022 03:47 AM

Re: Would Monzo work for Amazon UK?

What other banks do you recommend? online banks?

SaiJin

11-07-2022 03:03 PM

Re: Would Monzo work for Amazon UK?

I don't recommend an online bank.

Is it hard to open a normal bank account?

paulfoltyn

11-08-2022 04:12 AM

Re: Would Monzo work for Amazon UK?

Monzo are absolute pond life. Go on facebook and search for the group "monzo stole our money" .. other similar groups exist. Thousands of peoples accounts closed for no reason

rsot	11-08-2022 05:55 AM

Re: Would Monzo work for Amazon UK?

Better get on that physical bank bandwagon...

JamesNorth101

11-08-2022 08:26 AM

Re: Would Monzo work for Amazon UK?

Quote:

Originally Posted by deebee80 (Post 1203259)

I was thinking about monzo for Amazon, however am worried about these blocks. I have high turnover. I suppose a high street bank would be better? What do you guys think.

I would use another bank if you can

Just seen to many horror stories over the years with them keeping funds for no real reason

murdered_by_ebay

11-09-2022 05:38 PM

Re: Would Monzo work for Amazon UK?

always keep in mind regarding monzo:

monzo is a real bank with banking licence just without branches but they behave like an EMI

so do nothing on monzo you would not do on an EMI

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