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How is my money protected?

The Payment Services Act requires Major Payment Institution licensees to safeguard customer monies from their insolvency. Revolut Technologies Singapore Pte Ltd safeguards client funds with a local safeguarding institution.

Client funds are safeguarded at ANZ Bank Singapore - Australia and New Zealand Banking Group Limited (ANZ), Singapore Branch, DBS Bank Limited (DBS), Singapore Branch and Standard Chartered Bank Limited (SCB), Singapore Branch.

This means that in the event Revolut becomes insolvent, you'll be able to claim your funds from this segregated account.