Monzo joins other banks in signing up to 159 anti-fraud phone call service
The IndependentSign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Monzo has joined 159, the phone service that connects people with their bank when they receive a suspect call out of the blue about a financial matter. If someone believes another person is trying to trick them into handing over money or personal details, they can hang up and call 159 to speak directly to their bank. The addition of Monzo means that 99% of UK current accounts are now covered by 159, ensuring that even more people are being protected from harm Ruth Evans, Stop Scams UK Those taking part in the 159 scheme also include Bank of Scotland, Barclays, Co-operative Bank, First Direct, Halifax, HSBC, Lloyds Bank, Metro Bank, Nationwide Building Society, NatWest, Royal Bank of Scotland, Santander, Starling, Tide, TSB and Ulster Bank. Ashley Hart, director of fraud, fincrime and disputes operations at Monzo said: “Impersonation scams cost UK customers £170 million a year which is why we’ve partnered with Stop Scams UK and joined 159, enabling our customers to call us quickly if they’re worried they’re talking to a fraudster.” Ruth Evans, chair of Stop Scams UK, an industry-led collaboration, said: “I am delighted to see Monzo join 159.