Using Revolut as a Salary Account: What You Need to Know
Discover how to use Revolut for salary deposits and what to consider before switching to this digital banking option.
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Yes, you can use Revolut as a salary account. Revolut provides unique account numbers and sort codes for users, enabling employers to deposit salaries directly into your account. To set it up, simply provide your Revolut account details to your employer. Note that it's essential to consider potential fees and services compared to traditional bank accounts, as needs can vary.
FAQs & Answers
- Can my employer deposit my salary into Revolut? Yes, employers can deposit salaries into your Revolut account using unique account numbers and sort codes provided by Revolut.
- Are there fees associated with using Revolut for my salary account? Yes, it’s important to review potential fees and services of Revolut compared to traditional banks, as they may vary.
- How do I set up Revolut to receive my salary? To set up, simply provide your Revolut account details to your employer for direct deposit.
- Is Revolut a good alternative to traditional bank salary accounts? Revolut can be a viable alternative, but consider your individual needs and compare services before switching.