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Personal · Adding money · Add money with a bank transfer

Can I receive my salary into my Revolut account?

Currently, most employers in Singapore do not use the FAST (Fast And Secure Transfers) system for salary disbursements, which means you can't use your Revolut account details directly to receive your salary. However, you can still manage your finances effectively with Revolut by setting up a recurring FAST transfer from your primary Singapore bank account to your Revolut account. 

Setting up an external account for excess funds

Due to regulatory requirements under the Payment Services Act (PSA), the maximum wallet balance you can hold in your Revolut account at the end of each day is SGD 19,800. To manage funds exceeding this limit:

  • Set up an external account, which should be a local personal bank account of your choice
  • Any excess amount over SGD 19,800 will automatically be transferred to this external account at the end of the day

Payment Services Act (PSA)

The PSA regulates the maximum end-of-day balance for digital wallets to ensure customer safety and compliance. Learn more about how the Payment Services Act affects your Revolut wallet balance in this FAQ.