Money Group, LLC A private Facebook group, 'Monzo Stole Our Money', has grown to almost 9,500 members with the large majority alleging that their accounts have been closed and their money locked away.. Opening a joint account is easy we dont have any long forms, and dont even need to do any new ID checks! Opinions expressed on this site are the author's alone, not those of a third-party entity, and have not been reviewed, approved, or otherwise endorsed. The great bank account shutdown Yesterday Monzo froze my account with all my sons money in there for child benefit and all the remaining money I had left to last me a month before payday again, wrote one poster. She works in finance and says she got her money back by taking Monzo to the small claims court. While some millennials and Gen Zers do cut down on eating out, they still prefer keeping a realistic amount of money set aside to eat out with their friends and simply enjoy their lives. If our review finds theres a perfectly reasonable, legal explanation for the activity, we of course immediately unblock the account and apologise. Monzo An investigation by BBC Watchdog Live reveals that online only bank Monzo has been leaving some customers without access to their money for weeks - after freezing their bank. In some cases, we receive a commission from our partners; however, our opinions are our own. Then, youll go through a couple questions asking if you lived in the U.S. and had a Facebook account during any of the relevant years. I'm sorry to post this information in my creative profile again but I still cannot be indifferent. If you want a general idea of whats on our radar - you can check our product roadmap. I received an in app notification that Monzo have decided to close my account in 2 months. Your email arrived within a week of an identical complaint from another Monzo customer, JB of London. Secure your credit, identity, and personal information with Identity Theft Protection Software. Chelsea Ransom-Cooper, managing partner at Zenith Wealth Partners in Pennsylvania, says shed add estate documents to that list. Find yours by clicking on your state below. What to Do If Monzo Freezes or Closes Your Account - Vice Monzo customers shut out of accounts in lockdown In the summer of 2019 a Facebook group, " Monzo stole our money ", was quietly set up by Ian Fisher after his account was unexpectedly closed by the digital bank. We are not able to open a joint account between a customer in the US if the other customer has a UK account. Monzo Reviews | Read Customer Service Reviews of www.monzo.com - Trustpilot But it helps us get you up and running as quickly as possible while still making sure we're following all the regulations we have to as a financial service. Just want to thank you for." Vanessa .G .Collino on Instagram: "Giveaway is now closed for all my wonderful followers I have here. You dont have to be a couple to open a joint account! What features are the Monzo team working on? Almost 3,500 people have joined a private Facebook group titled Monzo stole our money. You should only open a joint account with someone you trust youll both have full access to everything in the joint account. Unfortunately, we arent able to provide both a US and UK account to the same user at the moment. The application is straightforward, and the whole process can be completed online at facebookuserprivacysettlement.com. And some of our users like to combine these approaches and use Pots in both ways . What . Why is Monzo asking me to take a video during signup?