Take a look inside Monese, the app that makes it easier for migrants to get a bank account
To sign up, all you need is your passport and a selfie. The custom-built identity verification service will then do the rest.
Once your applicaton is approved, Monese will send you a Visa debit card.
You can then link that card to the app, allowing you to doing things like block the card, order a new one, or check your pin number.
You can use the card as you would any other debit card and track all your spending from within the app. The dashboard shows your balance, how much you've spent across the month, and how much you've spent that day.
You can also make payments to other people from within the app. Payments to other UK accounts are free.
And you can do international payments from within the app. Monese says its rates are the same as TransferWise, which only charges 0.5%.
Monese has borrowed a fun feature from Tinder — to confirm a payment you swipe right.
Monese is currently in invitation-only mode but plans to open to the public by the end of the year. Soon, when you sign up, you'll automatically get a European bank account alongside a British one.
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