Bank Accounts for Appointee and Deputies
Use the switch service to bring all your clients bank accounts all under one platform.
Create spending cards for clients, carers and support workers
Set up automated balance limits on accounts for safeguarding
Manage ring-fenced bank accounts for clients receiving DWP payments
Real-time suspicious payment alerts for fraud monitoring
Banking made simple
Set up bank accounts for your clients with ease.
For many Court of Protection teams, opening bank accounts is still fraught with obstacles. Clients frequently lack the identity documents banks require, which leads to lengthy customer-service calls and often forces mandatory in-branch visits that professionals are required to attend.
Monika removes these barriers through an industry-leading KYC process that enables account opening even without standard ID. Using a templated letter signed by a nominated professional, institutions can verify identity quickly and compliantly — allowing clients to access the bank accounts they need without phone-call marathons or trips to the branch.
Everything your team needs, in one place.
Simplified KYC
Using a templated letter signed by a nominated professional, firms can verify identity quickly and compliantly, allowing clients to access the bank accounts they need without phone-call marathons or trips to the branch.
Set up carer & budget accounts
Monika gives deputies and Court of Protection teams a faster, safer way to manage and allocate funds to carers and clients, enabling essential purchases without the risks associated with handling physical money.
Use current account switch
Any client bank account set up on the platform is fully integrated with the Current Account Switch Service (CASS), allowing you to seamlessly transfer an existing current account into a Monika-managed account in the P's name.
Manage as a team
Monika gives Court of Protection teams a secure, auditable way to manage client banking collaboratively, without relying on a sole-user online banking login. Teams gain full visibility and control from day one.
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Appointeeship
Deputyship
Banking
Money Management
Direct Payments
Families
The Money Carer Card
Payment Wearables
Finger Print Payment Card