Monzo bank `freezing accounts for no apparent reason`
(The Guardian Money News)

Its app has been a runaway success, but some users say they have been shut out after apparent fraudThe rise of Monzo has been nothing short of remarkable. Rave reviews from customers who universally loved its app-based banking, plus awards and glowing write-ups from the likes of Which?, helped it to become the UK´s fastest-growing bank. But what has led to so many customers claiming they have been badly let down after Monzo froze their account for no apparent reason? Others claim the bank has refused to refund fraudulently taken payments.In the past few months, complaints from previously happy Monzo customers appear to have grown alarmingly, at a time when the bank is trying to get more people to go `full Monzo` and use its service as their main current account. Continue reading...