Can I receive large bank transfers into my Revolut account?
With an external account linked, you can deposit more than SGD 20,000 daily. Any excess balance beyond this amount will be automatically transferred to your external account at the end of each day.
Without an external account, you can only hold SGD 19,800 in your account daily. This also means you can't top up by more than — or receive transfers greater than — SGD 19,800 at any point in time.
In either case, the deposit limit will be lower if you opt for a lower limit.
Do I need to do anything before receiving a large transfer?
You don't need to do anything to be able to receive a large transfer. In rare cases, we might ask you for a source of funds document. To read more, check out this FAQ.