WebApplying for a Monzo Business account if you don’t have a personal or joint Monzo account. Eligibility for Monzo Business. Monzo Business card delivery address. Using your Monzo current account as a business account. Switching business account to Monzo Business. Adding, removing and managing team members. Opening multiple … WebJust like other accounts, joint accounts are protected by the Financial Services Compensation Scheme (FSCS) – up to £85,000. For joint accounts, the FSCS assumes that each account holder holds an equal share. So, for a two-person joint account, you could deposit £170,000, or £85,000 each – and it would all be protected.
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