Does Monzo accept inward foreign currency electronic payments?

Zellah

Specifically Qatari Riyals (QAR)? I know Starling Bank doesn't and neither does Transferwise allow you to convert from QAR to GBP. I'm well aware that other major UK banks do, but with a very poor exchange rate so that's out of the question. Otherwise my only real option is to convert the QAR into USD (QAR like most GCC currencies is fixed to USD) and then send to my USD Fineco account in Italy, convert to GBP using a near interbank rate and then send to UK using SWIFT. Reason for asking is that I will shortly be starting new employment in Qatar and will regularly be sending funds to my UK accounts to pay bills etc. I will be opening a local bank account in Doha.
Thanks.

colsten

The only transfer service according to monito.com is Skrill. I have used Skrill extensively, and find them ok once you have fully verified your account. Usual caveat to bear in mind is that they don't have any deposit protection.

As Monzo use Transferwise for their international transfers, I doubt they will accept QAR but you could always ask them.

[Deleted User]

Given the USD peg, the local banks will probably default to USD for international clients.