Monese provides instant on-demand UK current accounts and European IBAN accounts in 20 countries regardless of the customer's citizenship. This revolutionizes banking for expats, digital nomads and new residents as ‘residency restrictions’ imposed by traditional high street banks are one of the single greatest barriers to accessing the banking system when they arrive in a new country. Monese's breakthrough technology can validate the identity of customers in real time enabling customers to open an account in a matter of minutes, using a mobile app. Monese's fully-featured UK banking account comes with cheap global payments and a contactless debit card. Monese was born after founder's first-hand experience of the hassle involved with opening a bank account in a new country.