bKash vs Monzo
bKash
bkash.comMonzo
monzo.comSide by side
| Figure | bKash | Monzo |
|---|---|---|
| Price from | — | £3/mo |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 0 | 8 |
| Spec score · Digital Wallet Apps | 8.0 (#21) | 8.9 (#4) |
| Account eligibility | A Bangladesh account can be opened by citizens aged 18 or older with a valid National ID, driving license or passport and a supported mobile operator. | Opening a personal account requires UK residence, age 16 or older, a compatible phone and valid photo identification. |
| Customer support | The security tips page lists helpline 16247, email, live chat and Customer Care Centers as support channels. | Monzo says customers can use 24/7 in-app chat, UK and overseas telephone numbers, and email support. |
| Headquarters | Dhaka, Bangladesh | Monzo describes its main base as London near Liverpool Street, with an office in Cardiff and staff working globally. |
| Security | bKash says transactions are secured with a PIN and verification code and that it adheres to payment card industry security standards. | Monzo says it is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA, with eligible deposits protected by FSCS up to £120,000 per person. |
| What it does | bKash provides money transfer and payment services by mobile phone to people in Bangladesh. | Monzo provides UK personal and business current accounts managed primarily through a mobile banking app. |
Plans
Monzo
- Business LiteFree
- FreeFree
- MonzoFree
- Extra£3 a month
- Business Pro£9 a month
- Perks£9 a month
- Max£19 a month
- Business Team£25 a month
In their own words
Monzo
Monzo is a UK bank offering current accounts and app tools for spending, saving, borrowing, investing, and managing money. Salary Sorter divides income into Pots for bills, spending, and other budgeting needs. Customers can use Savings Pots, ISAs, and savings accounts, with rates varying by account and subscription plan; investment options start from £1 and can rise or fall in value. For travel, cardholders can spend abroad without foreign transaction fees and see live exchange rates in the app. Monzo connects other bank accounts and credit cards through FCA-regulated Open Banking, and customers must renew those connections every 90 days. Security features include Call Status, transaction notifications, card freezing, biometric login, and extra checks for large payments. Monzo says eligible deposits are protected by FSCS up to £120,000 per person. The app is available on Android, iOS, and web, with 24/7 in-app chat support. Accounts are for UK residents. The free current account is listed for ages 16+; paid plans have varying prices and eligibility conditions.