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Evening Standard
Evening Standard
Vicky Shaw

£2.5m payment is reversed using Monzo’s tool for ‘oh no moments’

Monzo said customers say its undo payments tool is a ‘game-changer’ (Yui Mok/PA) - (PA Archive)

An “undo payments” tool from Monzo has prevented more than £323 million from mistakenly leaving customers’ accounts since it launched in May 2025.

The single biggest payment stopped was £2.5 million, the bank said.

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