IBAN for Monzo
Monzo is a major bank in United Kingdom. IBANs at Monzo are 22 characters long with SWIFT/BIC code MONZGB2L. UK neobank with sort code 04-00-00. Widely used by contractors for international receipt.
Monzo
United Kingdom · GBP
How to Pay Monzo in United Kingdom via Bitwage
Bitwage routes payments to Monzo accounts via stablecoin rails or SWIFT wire. For most use cases, the stablecoin route is faster (< 1 minute) and cheaper.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your United Kingdom contractor. Enter their Monzo IBAN (22 characters) and SWIFT code MONZGB2L.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD and routes via the optimal rail. Your contractor's Monzo account receives GBP directly.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to United Kingdom may require OFAC screening and contractor identity verification. Bitwage handles this automatically for all United Kingdom payments.
Key Terms & Resources
Other Banks in United Kingdom
Also paying contractors at other United Kingdom banks?
Monzo IBAN FAQ
Common questions about Monzo IBAN format, SWIFT code, and paying United Kingdom contractors.
Monzo IBANs are 22 characters long and start with GB. A typical example is GB04 MONZ 0400 0000 1234 56. UK neobank with sort code 04-00-00. Widely used by contractors for international receipt. For international payments you will also need the SWIFT/BIC code MONZGB2L.
The SWIFT/BIC code for Monzo is <strong>MONZGB2L</strong>. This identifies Monzo on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Monzo IBAN and SWIFT code (MONZGB2L) to Bitwage's {{link:products/contractor-payments}} platform. Bitwage can route via stablecoin rails or SWIFT international wire transfer wire depending on your preference and the contractor's setup.
Yes. With {{link:products/masspay}} you can include any number of United Kingdom contractors — including multiple Monzo accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Pay Monzo in United Kingdom
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via stablecoin rails — faster and cheaper for every contractor payment.