What is MoneyBeam?
MoneyBeam is a service that allows you to send money to (or receive money from) other N26 members.
How to send a MoneyBeam:
Log into the N26 application and then:
Tap "+" then "MoneyBeam".
Choose a contact from your contact list, using the contact's email address or phone number. Please note that:
The recipient must have an N26 US account.
If using the recipient's phone number, you must enter +1 or 001 before the number.
The recipient must be visible in MoneyBeam. (See how to do this in Related Topics below)
Enter the Amount and a Reference Text.
Confirm with your PIN to send the transfer. If the transaction is successful:
The recipient will receive a push notification and see the transaction in their transaction list (credit).
You will see the transaction in your transaction list (debit).
"Can I send a MoneyBeam to a Non-N26 customer?"
Unfortunately, no. MoneyBeam transfers can only occur between N26 customers.
"Can I send a MoneyBeam to a Non-US N26 customer?"
Unfortunately, no. US MoneyBeam transfers can only be made to fellow US N26 customers.
"Do I actively have to opt in to use MoneyBeam?"
Yes, both parties have to actively opt in to use the MoneyBeam feature.
"Are there limits to MoneyBeam?"
Yes. The maximum amount that you can transfer is $3,000 (per transaction), $3,000 daily limit (rolling 24 hours), and a $12,000 monthly limit (= per calendar month).
"Are there fees associated with MoneyBeam?"
No, there are no fees to use MoneyBeam.
"How will this transaction show up in my account?"
Each MoneyBeam transaction will show up as a 2 line item in the transaction detail file. One line will have a positive amount, and the other line will have a negative amount depending on who is sending the money (debited) and who is receiving the money (credited).
"How can I make sure that I am visible/not visible to all of my contacts?"
That's easy! To make sure that you are visible/not visible:
Go to 👤My Account in the application.
Select Settings→Personal settings→Personal Information.
Checking the box "I have read and agree...identifiable as an N26 customer while using MoneyBeam" will make you visible. Unchecking it will make you invisible.
"Why can't I see other N26 users on MoneyBeam?"
If you don’t see a friend on MoneyBeam but you know they are an N26 user:
They most likely haven’t made themselves visible. Please share the process above with them.
Make sure your friend's contact number/email is the same as the one associated with their N26 account.