Open a sole-proprietor account to receive client payments, including SWIFT and SEPA.
Monobank is a payments and wallet where anyone can register to start earning, and the work can be done remotely. Fees are Free P2P own funds, ~1% to foreign cards and you can withdraw via Card-to-card, bank transfer and ATM. Founded in 2017, Monobank is based in Kyiv, Ukraine. It is available in Ukraine.
Last updated
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What people actually earn on Monobank
We haven't found a verified figure for what people earn on Monobank yet. We add one here when Monobank or an independent study publishes numbers. See what people earn on other platforms →
Can I join Monobank?
Not verified yet: Minimum age · Cost to join · First payout Know the answer? Tell us
You get a card in the app in about 2 minutes with a selfie, passport and tax code, or with documents from the Diia app.
Official requirements ↗ · Check which platforms you can join →
Not verified yet: Mobile apps · Support Know the answer? Tell us
How Monobank compares
- At 1%, Monobank takes a smaller cut than 11 of the 15 payment receiving platforms we track that charge a percentage fee (median 1.7%).
- Monobank is the only one of the 51 payment receiving platforms we track that pays out via Card-to-card.
- Launched in 2017, Monobank is newer than most payment receiving platforms — 38 of the 53 we track were founded earlier.
Compared with the payment receiving platforms in our directory. See them all →
Is Monobank legit?
Monobank is a real, operating platform. What we could verify:
- Operating since 2017 (9 years)
- Headquartered in Kyiv, Ukraine
Listing last updated September 2026 · how we verify platforms · Missing or out of date? Tell us
Guides
No step-by-step guide for Monobank yet. Browse all guides or find the right way to earn for you.
Frequently asked questions
How much does Monobank charge?
Monobank fees: Free P2P own funds, ~1% to foreign cards. On a $100 payment that leaves you about $99, before withdrawal or conversion costs.
How do you get paid on Monobank?
Monobank pays out via Card-to-card, bank transfer and ATM.
Which countries is Monobank available in?
Ukraine. Its main focus is Ukraine.
Is Monobank legit?
Yes, Monobank is a real, operating platform: operating since 2017 (9 years) and headquartered in Kyiv, Ukraine. As with any platform, check its current terms before relying on it for income.
What are the best Monobank alternatives?
Similar platforms include Payoneer, PayPal, Mercado Pago and M-Pesa. Compare their fees and payouts in the alternatives section below.
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