Moniepoint UK to issue sterling (GBP) accounts after EMI acquisition, starting December 2025
- Moniepoint UK Ltd will issue GBP accounts using sort code 04-19-29.
- The sort code is connected to major UK payment rails, enabling Faster Payments, Direct Debits, and CHAPS.
- All new customer accounts from December 1, 2025, will be provided by Moniepoint UK Limited.
Moniepoint's transition to issuing its own GBP accounts reflects a strategic move towards greater autonomy and control over its financial services. This shift could enhance customer trust and operational efficiency, but it will be crucial for the company to manage the migration process smoothly to avoid disruptions for existing users.
