Claim: Monzo is closing down "everyone's" accounts and keeping the money.
Fact-check: Monzo is not closing all customers' accounts - Full Fact
Verdict: this is not true. there's no evidence that monzo is closing a large number of accounts and the bank says it's operating as usual.
Organisation: Full Fact
Author: Grace Rahman
Date published: 2023-05-11T00:00:00