4 ms·
Kind of hard to determine if you're a UK tax resident without some details, no?
by surfer7837 4y ago
Kind of hard to determine if you're a UK tax resident without some details, no?
- lysergia 4y agoThere’s no mention of it being a strictly UK affair in the app description. I imagine 100s of people download it each day, fill in the form and then bail once they realize it’s UK only.
- ralphmelish 4y agoI've just checked the description in the Play Store and it says 'Open a full UK bank account'. Maybe that is new, but it is pretty clear.
- berdario 4y agoThat doesn't mean that it's closed to non-residents.
- nsteel 4y agoDon't all UK banks require a UK address?
- Nextgrid 4y agoBut that's not something you'd expect a non-resident to know. Making account opening criteria transparent wouldn't hurt anything and would save everyone time.
- nsteel 4y agoI wouldn't expect a non-resident to know without doing research. But I would expect them to do that research because opening a bank account in another country because it is not a standard thing to do. I don't think it's the job of an app store page to explain this.
- Jamie9912 4y agoYou don't need to be a UK tax resident to have a Monzo account. I have UK citizenship, but am not a resident or tax resident
- BillinghamJ 4y agoFYI, I'm pretty sure they actually do require you to be a resident, though a lot of people get away with not updating their address https://monzo.com/help/legal-stuff/tax-residency-not-uk https://monzo.com/help/legal-stuff/tax-residency-not-uk