How to get Monzo bank statement
February 15, 2024
How to get Monzo bank statement – If you are a Monzo customer looking to get your statement of account, this guide will provide the best frame to aid your findings.
The importance of a bank statement in banking cannot be underscored, bank statements are arguably a great tool to help account holders keep track of their finances, identify errors, and recognize spending habits.
Monzo is a virtual bank that offers banking services through its mobile app, by this standard customers are not required to visit a physical branch to access a service.
Every activity that occurred in the account while the customer received services on the Monzo digital app can be traced and studied in the bank statement.
What is a bank statement?
A bank statement is a document that provides a comprehensive summary of all account’s monthly transactions, however, sent by the bank to the account holder on a monthly routine either in paper or digital form.
Be informed that your bank statement contains checking and savings account information such as;
- Account numbers
- Detailed list of deposits and withdrawals that occurred in such an account during the period under review.
How bank statements work
Banks issue their bank statements to their customers to show details of activities in such an account. The statement gives an account holder first-hand information on the transactions processed during the period under review.
Account statements are usually sent to customers monthly or quarterly as the case may be. Your statement of account could come on paper or electronically.
Where you receive an electronic statement of account, it’s accompanied by a password to enable you access to such bank statement.
Benefits of a bank statement
Bank statements are a great tool in the hand of a customer to keep track of their finances, identify errors as well as identify spending habits that may need to be adjusted.
How to get Monzo’s bank statement
Getting a bank statement from Monzo is such an easy task that a 9-year-old can perform if he has access to the Monzo platform.
You can find and download your statement in the Monzo app following the below guideline;
- Launch your Monzo app, enter your username and password to access the home page
- Tap the “Home icon in the menu bar
- Click “Manage” to the right of your transaction feed.
- Tap “Bank statements” and select a preferred date range
- In the next slide, kindly select the format you’d like the document in which may be PDJF, CSV, or QIF.
Be informed that the type of statement you’ll receive depends on what you need it for.
For mortgage applications
Note: All the bank statements generated in the app are original documents, and by this standard, you are not required to get them signed or stamped for mortgage or Visa applications.
However, if your original document is not being accepted and you’d like to get it stamped and signed, kindly chat with Monzo as seen below.
- Tap the Help icon in the menu bar
- Search getting a bank statement
- Tap ‘chat to us’ under the header ‘For mortgage applications’
Note: All the bank statements generated in the app are original documents, and by this standard, you are not required to get them signed or stamped for mortgage or Visa applications.
However, if your original document is not being accepted and you’d like to get it stamped and signed
Can I use Monzo’s statement as proof of address?
Yes, you can receive a PDF copy of your statement, print it afterward, and use it as proof of address
Can Monzo send me a paper statement?
You may choose to create a bank statement for any month, or for the whole account history, then download your statement as a PDF, print it out, or send it to yourself.
How can I find my Monzo bank?
Here’s how to find your account number and sort code
- Tap the home icon on the menu bar and select the relevant account, current account, joint account, or business account.
- Tap Manage to the right of your transaction feed
- Find your sort code and account number under account details
Can I use Monzo without the web?
Monzo has built a basic web interface that everyone can use when they need to, Monzo web lets you see your latest transaction, as well as freeze your card when necessary.
How long does it take to get a Monzo account?
Opening an account with Monzo takes an average of 1 day, some times could take 8 days for some customers.
Can I use Monzo in Nigeria?
You can use Monzo anywhere in the world that accepts Mastercard, you are not charged any fee for paying abroad, and Mastercard exchange is passed directly to you without sneaky fees or extra charges.
Can I transfer money from Monzo to my bank account?
Yes, you can transfer money from Monzo to your bank account, the money will be available to spend in your other account within 2-3 working days.
How do I link my bank account to Monzo?
You should go to the home page of the Monzo app, and tap on the profile picture icon in the top left. Scroll down and tap add another account.
Final thoughts
Finally, on how to get Monzo bank statements, Monzo is a virtual bank that offers banking services through its mobile app, by this standard customers are not required to visit a physical branch to access a service.
Every activity that occurred in the account while the customer received services on the Monzo digital app can be traced and studied in the bank statement.