You are reading a single comment by @chez_jay and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
chez_jay
Monzo/banks have an obligation to do “Know Your Customer” to avoid money laundering. They historically had very lax rules which meant they could sign anyone up but got slapped in the end of July for breaches. I think they’re moving to tighten up to avoid further slapping.