> Monzo in particular has strict limits on cash withdrawals and deposits, because their accounts are often used in the illicit drug trade. ATMs often have fees

> Monzo in particular has strict limits on cash withdrawals and deposits, because their accounts are often used in the illicit drug trade. ATMs often have fees that the bank will pay for. For example, most ATMs have an upsell at the end to "check your balance" that your bank will pay for. On the other hand, card payments generate a small amount of revenue for the bank. Most payments in the UK are card payments or bank transfers. I'll have to say you're mistaken. Monzo doesn't have limits on cash withdrawal as an AML control.