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Anonymous

04 May 2020

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Credit Cards

Any charges for transferring SGD from Revolut to local DBS account?

DBS states this the following: "A S$10 handling commission will be charged for the crediting of funds into a SGD or Foreign Currency Current Account. Free for crediting to a Foreign Currency Fixed Deposit Account." from this website: https://www.dbs.com.sg/personal/support/bank-ge...

But I'm not quite sure whether that means that a local transfer from the Revolut SG to a DBS SG account will incur charges?

Thanks for your help!

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Any fees if transfer other currencies eg USD or HKD from revolut to DSB multiplier account?

There are no charges. It'll take a few days as the transfer is done through FAST payment. When receiving the funds in your account, it'll show that you've received payment via GIRO from "The Currency Cloud Ltd".

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