Find the right account for the role you hold.
Switch between account types to see how Monika supports each role you may take on behalf of the people you serve.
The Professional Deputy Bank Account
FSCS-protected client bank accounts that are fully integrated into Monika, giving deputies complete visibility and control across all their clients' finances. Switch existing accounts in just 7 working days using the Current Account Switch Guarantee.
- ✓ Streamlined onboarding for clients without traditional ID
- ✓ Variable user access for your whole team
- ✓ Real-time visibility across every client bank account
Bank Accounts for Appointees
Open accounts on behalf of the people you act for. Ring-fence benefit income and set up dedicated budget or carer accounts for day-to-day spending.
- ✓Ring-fenced benefit income accounts
- ✓Dedicated budget and carer accounts
- ✓Money Carer Card and emergency cash options
Power of Attorney Management Accounts
A practical, modern way to bank for Lasting Power of Attorney arrangements, for both professional and lay attorneys. Set payment permissions so every instruction is agreed and authorised by all the right people.
- ✓Multi-attorney authorisation workflows
- ✓Easy-to-use banking portal for lay attorneys
- ✓FSCS protection on balances up to £120,000
Trust Corporation Bank Accounts
FSCS-protected accounts held in the client’s name and managed by a Trust Corporation, with a streamlined onboarding journey. Trustees can also make payments directly, using multi-layer authentication and e-signatures.
- ✓Simple onboarding journey
- ✓Carer and budget accounts, managed by the trust
- ✓Compatible with the Current Account Switch Service
Bank Accounts for Personal Injury Trusts
Accounts opened in the beneficiary’s name within 10 working days and managed by the Personal Injury Trust. Funds can also be moved into savings accounts to earn interest, through our partnership with Insignis.
- ✓Easy-to-use banking portal for beneficiaries and trustees
- ✓£75 onboarding fee and £5 a month service charge
- ✓Dedicated support throughout the application
Built for the realities of safeguarding finances.
From KYC to multi-party approvals to inclusive payment options — every feature is shaped by the day-to-day pressures of supporting vulnerable people.
KYC without the barriers
An innovative onboarding process designed for clients who often can't pass traditional ID checks.
Multi-layer authentication
Every instruction agreed and authorised by the parties who need to sign off, with integrated e-signatures.
Variable user access
Permission levels for every role on your team — manage thousands of clients without compromising on control.
Cards, wearables & cash
The Money Carer Card, payment rings and bracelets, a fingerprint biometric card, plus emergency cash payments.
Balance sweep automation
Set thresholds, manage unused funds proactively and maintain full visibility across every account.
Banking + a secure app
A unique banking and payments platform linked to a secure smartphone app trusted by hundreds of UK organisations.
One environment for accounts, payments and case work.
Monika removes the friction in managing the finances of vulnerable people — no queueing at the high street to register documents, no long holds with utilities and the DWP. Cloud-based banking, card issuing, payment controls and case tools live in one secure environment.
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Onboard clients fastKYC built for people without traditional ID, with a streamlined journey for every account type.
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Manage every account in one placeVariable user access lets teams of any size manage thousands of clients safely.
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Pay safely with full auditMulti-attorney authorisation, e-signatures and an automated balance-sweep for unused funds.
"Built from the day-to-day pressures we saw first-hand."
As an organisation supporting thousands of individuals across the UK, the team behind Monika saw the routine barriers that slow down essential work — queueing at high-street banks, long hold times with utilities and the DWP. Monika was developed to remove that friction.
Working alongside the UK's trusted institutions.
Guides, podcasts and answers.
See Monika in action.
A 30-minute walkthrough tailored to your client base.
- · Live demo with a Monika specialist
- · Tailored to your team structure and clients
- · FSCS-protected accounts, fully integrated controls