Monzo’s default Faster Payments limit is £10,000 per transaction. A daily sending limit also applies and varies by account age and history. For most day-to-day transfers — rent, bills, moving money to savings — Monzo’s limits are more than adequate. For a full overview of the Monzo account, see the Monzo hub.
Monzo Transfer Limits at a Glance
| Limit type | Amount |
|---|---|
| Single Faster Payment (default maximum) | £10,000 |
| Daily sending limit | Account-dependent — check in-app |
| Minimum transfer | £0.01 |
| International transfers | Not supported outbound |
| CHAPS (high-value same-day) | Not available |
How Faster Payments Works with Monzo
Monzo uses the Faster Payments network for all UK transfers. Payments:
- Arrive within seconds in most cases
- Are available 24/7 including bank holidays
- Have a UK scheme maximum of £1 million — Monzo’s limit is lower at £10,000 by default
The £10,000 limit handles the vast majority of everyday transfers comfortably — paying rent, splitting bills, topping up savings, or making a car purchase deposit.
Sending Large Amounts
Monzo’s £10,000 default limit is lower than Starling (£250,000) and most high-street banks. If you need to send more:
| Situation | Solution |
|---|---|
| Up to £10,000 | Standard Monzo transfer |
| £10,000–£25,000 | Contact Monzo via in-app chat to request a temporary limit increase |
| Above £25,000 | Split across multiple days, or use a high-street bank with CHAPS |
| Property completion or solicitor payment | Use a high-street bank or solicitor’s account — Monzo does not support CHAPS |
To request a limit increase, open the Monzo app, go to Help, and start a chat explaining the reason and amount. Monzo may increase limits on a case-by-case basis for verified customers.
Daily Sending Limit
Monzo also applies a daily sending limit — the total you can send in a 24-hour period across all transactions. This is displayed in the app when you initiate a payment.
New Monzo accounts typically have lower limits. These increase as:
- Your account passes minimum age thresholds
- You demonstrate regular salary-in and normal usage patterns
- You verify additional identity documents if prompted
Standing Orders and Scheduled Payments
Monzo supports both standing orders and scheduled future payments:
| Feature | What it does |
|---|---|
| Standing order | Regular automatic payment on a fixed date (e.g. rent on the 1st of each month) |
| Scheduled payment | One-off future-dated transfer |
| Salary Sorter | Automatically splits incoming salary into Pots and bills on payday |
Salary Sorter is a Monzo-specific feature — it moves money to Pots and pays bills automatically when your salary arrives, useful for automating budgeting without manual transfers.
Receiving Money into Monzo
There is no limit on incoming payments. You can receive any amount via Faster Payments, BACS, or CHAPS into your Monzo account.
To receive a payment, share your sort code (04-00-04) and 8-digit account number from the app. Full details: Monzo Sort Code and Account Number.
How Monzo Compares on Transfer Limits
| Bank | Faster Payments max | CHAPS available |
|---|---|---|
| Monzo | £10,000 (default) | No |
| Chase UK | £25,000 | No |
| Starling | £250,000 | No |
| Barclays | Up to £250,000 | Yes |
| HSBC | Up to £100,000 | Yes |
Monzo’s default limit is the lowest of the major UK app banks. For customers who regularly move large sums, Starling or a high-street account is more practical. For everyday use, £10,000 covers the vast majority of transactions.
International Transfers
Monzo does not support outgoing international transfers. To send money abroad you need a separate service:
| Service | Best for |
|---|---|
| Wise | Transparent mid-market rates; best for one-off transfers |
| Revolut | Convenient if you already hold multiple currencies in the app |
See Wise vs Revolut for a direct comparison. You can receive international transfers into Monzo using your UK IBAN, found in the app under Account details.
Related Guides
- Monzo hub — complete guide to the Monzo account
- Monzo Review 2026 — full account review
- Monzo Sort Code and Account Number
- Monzo ATM Withdrawal Limit
- Monzo Customer Service
- Chase UK Transfer Limit — how Chase’s limits compare
- Wise vs Revolut — international transfer comparison