Can I Create Monese Account without a Phone Number

Posted on 07/11/24 12:35 pm

Can I Create Monese Account without a Phone Number

Monese Bank Overview
Monese Bank offers financial management services and products in the United Kingdom and the European Economic Area, meaning you need a relevant number to gain access. Since its creation in 2014, this organization has attracted 2 million users to create an account.

The bank operates a mobile app with simple registration, local and global transfer solutions, budgeting products, savings pots, top-notch safety measures, and additional assets in its portfolio. This article will explore all of these, along with the Monese verification and registration procedures.

Monese Bank Overview
Monese started in 2015 with the mission of providing banking services to customers without excellent credit histories, scores, or proof of address. The bank is available in 31 countries in Europe only, as a mobile application.

There are three types of individual membership programs:

  • Starter: No sign-up fee, 2.5% global transfer commission, an additional 1% at weekends, standard debit card for Monese account owners, 2% charge for card purchases in other currencies, £/€1.5 commission for cash withdrawals, and 3.5% for refills.
  • Classic: £/€5.95 monthly, minimum 0.5% global transaction chargeback, debit card with holographic edging, free monthly withdrawals and deposit operations under £/€500.
  • Premium: £/€14.95 monthly, no transaction commissions, premium card, free cash withdrawals and deposits under £/€1,500 monthly, prioritized customer assistance.

Monese bank plans provide regular and scheduled transactions, direct debits, no charge for local operations in Europe, Monese-to-Monese transactions, and first card delivery. There are also integrations with Avios, PayPal, Apple Pay, and Google Pay, as well as multilingual support. You can request funds from nearby friends, receive salary receipts, and send money internationally based on the exchange rate. Three currencies are supported: GBP, EUR, and RON.

Monese Budgeting Product Line
What is Monese’s budgeting product line like? Users can set custom weekly and monthly budget limits, monitor how their money has been spent, check full transaction reports, and download them as PDF documents or Excel tables. Users can create up to 10 savings pots to store money for specific purchases.

Monese Credit Options
The bank offers a service called Credit Builder, which helps clients improve their credit history. You can choose a sum between £/€30 and £/€100 and pay it off in monthly installments over a year. Once you make the final payment into your Monese account, the money will be unlocked, and your user statistics and data will be sent to credit agencies like TransUnion, Experian, and Equifax.

If you're an individual user, you have the option to choose insurance plans to protect yourself in case of hospitalization or job loss. You can also get insurance for personal items like cell phones and cover various bills, such as groceries, rent, utilities, and service subscriptions. You can find plan details on the Monese website.

In addition to these services, Monese Bank provides extra benefits like Instant Bank Transfers, Open Banking technology, rewards for inviting friends, and advanced security tools such as encryption, 2FA, Face ID, Touch ID, and Fingerprint Scanner. If you want a Monese account, SMSOTPVERIFY can guide you through the registration process.

Monese Registration & Verification
How do you create an account with this bank? No need for appointments, address documents, credit checks, phone calls, or minimum deposits. All you need to register and verify a Monese account are these three pieces of data:

  • Email address
  • Phone number
  • ID documentation (e.g., passport)

Since Monese openly shares user data with third parties like credit agencies, it’s wise to raise concerns about privacy and security. They state that all data processed via the bank’s infrastructure is protected by encryption, touch and face ID, etc., from individual hackers or scammers.

For large companies, things get more complicated, as no one knows exactly how these credit agencies are using Monese bank data. Even so, it's always helpful to mask private info whenever possible. You can fake much of your data, and a phone number is no different.

You can use automatically generated numbers that require no SIM cards and therefore no documentation. How do they work? Check below to find out.

Virtual Numbers for Monese Account
Virtual mobile numbers do not use SIM cards because they’re created in a cloud environment with no physical devices. Due to this, they’re multifunctional, allowing you to enter them during Monese account creation to bypass location limitations or remain anonymous. They comply with legal requirements, but no app can trace you.

You can purchase them from online vendors like SMSOTPVERIFY. This service offers 100% stable one-time numbers that require minimal money per unit (no more than $1). Its online phone numbers for rent are also affordable but allow for multiple registrations at the expense of a higher cost. They can be inconvenient if you want to create a Monese bank account just once.

SMSOTPVERIFY recommends one-time numbers. Here is a step-by-step guide to getting one:

  1. Register and log in to SMSOTPVERIFY.com.
  2. Add funds using the Top Up section.
  3. Select “Buy SMS”.
  4. Choose the service (Monese) and country (UK).
  5. Find the number in the archive.
  6. Enter the number, request an SMS from SMSOTPVERIFY.
  7. Confirm the SMS and finalize the registration.

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