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Peer to Peer Transfers

Instant P2P Transfers

Easily transfer funds to other users within your MyMonty wallet instantly. If the recipient is not yet registered, they will receive an SMS invitation. Once they register and complete KYC verification, the transfer will be processed and credited to their account. P2P transfers expire after three days if not completed.

Additionally, P2P transfers can be configured to work between MyMonty and other Paynetics partners, such as Phyre, A1 Wallet, Pay by Vivacom, and BACB Pay.



  • Send Money Instantly


Easily send money to friends and family within the MyMonty wallet. If the recipient isn't registered, they'll receive an SMS invitation to join. Transfers are instant once they complete registration and KYC verification.



  • Receive Funds Effortlessly


Start receiving funds immediately with your unique IBAN. MyMonty supports EUR SEPA and BGN BISERA transfers, ensuring a smooth and secure experience. Funds are credited instantly to your account.



  • Request Money Conveniently


Request money from any contact with MyMonty's app. Non-users receive an SMS invite to join. Once they register and complete KYC, they can send you the requested amount instantly. Requests expire after three days if not processed.

Peer to Peer Transfers

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