DJ
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- Jul 8, 2024
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Hi All,
I created a new business account with Escrow.com recently as I shouldn't really be using my personal one. I created a new transaction and added my Monzo Business Account Details for the Disbursement Method, then waited for the buyer to confirm receipt of the domains.
Before they did this I received an email from Escrow asking me to add a different disbursement method as they do not support digital banks. Confused by this I responded advising that my old personal account had been using Starling Bank without any issues, and pointed out that nowhere does it say they do not support Monzo Bank in their bumph.
This was the latest reply:
I have replied confirming they are actually a registered UK Bank, but I wondered if anyone else has ran into this problem or successfully using Monzo or Starling for their Escrow Disbursements?
Cheers,
DJ
I created a new business account with Escrow.com recently as I shouldn't really be using my personal one. I created a new transaction and added my Monzo Business Account Details for the Disbursement Method, then waited for the buyer to confirm receipt of the domains.
Before they did this I received an email from Escrow asking me to add a different disbursement method as they do not support digital banks. Confused by this I responded advising that my old personal account had been using Starling Bank without any issues, and pointed out that nowhere does it say they do not support Monzo Bank in their bumph.
This was the latest reply:
I have replied confirming they are actually a registered UK Bank, but I wondered if anyone else has ran into this problem or successfully using Monzo or Starling for their Escrow Disbursements?
Cheers,
DJ