how to add money to revolut by bank transfer
熊猫速汇PandaRemit - 2025-12-31 17:11:38.0 11
To add money to Revolut by bank transfer, simply copy your local account details from the Revolut app and initiate a transfer via your bank's portal. For international funding, Panda Remit provides a seamless solution where funds can arrive in as little as 2 minutes, offering exchange rates significantly better than traditional banks with zero hidden fees.
Step-by-Step Guide: Adding Funds via Bank Transfer
Adding money to your Revolut account is a straightforward process. Whether you are using a local Singapore bank (like DBS, OCBC, or UOB) or funding from overseas, follow these three steps to ensure a successful transaction.
- Retrieve Your Revolut Account Details: Open your Revolut app, tap on 'Add Money,' and select 'Regular Bank Transfer.' Copy your unique Account Number and BIC/SWIFT code provided on the screen.
- Initiate the Transfer: Log in to your external bank account or remittance provider. Select 'Transfer Money' and paste your Revolut account details. If you are in Singapore, you can often use Fast And Secure Transfers (FAST) for local top-ups.
- Choose a High-Speed Provider: For cross-border top-ups, avoid traditional bank wires which can take 3-5 days. Instead, use a specialized service like Panda Remit to ensure your money moves instantly, supporting 24/7 real-time processing.
Comparison: Panda Remit vs. Competitors
When funding your Revolut account or sending money internationally from Singapore, choosing the right provider is critical for saving time and money. Below is a comparison of Panda Remit against major competitors like Wise, DBS Remit, and Singtel Dash.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Speed | As little as 2 minutes (24/7 Real-time) | Varies (Minutes to Days) | 1-3 Business Days | Instant to 3 Days |
| Exchange Rates | Competitive Market Rates (Low markup) | Mid-market rate | Bank FX Rates (Higher markup) | Standard FX Rates |
| Fees | Zero hidden fees (New user offers available) | Variable percentage fee | $0 transfer fee (but hidden in FX) | Transaction fees apply |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
Why Security and Speed Matter
When dealing with digital finance, security is non-negotiable. Panda Remit is strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We operate as a Major Payment Institution, implementing bank-grade SSL encryption and multi-layered anti-fraud protocols. This ensures that while your transfer is lightning-fast—often completing in under 120 seconds—it is also processed with the highest level of compliance and safety.
Explore More on Singapore Remittance
If you are looking to optimize your cross-border financial flows, consider these related topics:
- Is there a fee to top up Revolut with credit card in Singapore? – Understand the cost differences between bank transfers and card funding.
- How to transfer money from POSB to Revolut instantly? – Learn about local FAST transfer limits and processing times.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
