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Is Kids & Teens affected by the Payment Services Act?

Our Kids & Teens account is considered a 'small personal payment account' under the Payment Services Act, and is subject to a maximum wallet balance of SGD1,000 at any point in time.

Money added to your kid’s account from your personal Revolut account will count towards your SGD97,000 annual outgoing transaction limit.

For more details on Payment Services Act, refer to this FAQ in our Help Centre.