in
Are there any changes required to the corporate service buyer’s payment system/process to reconcile the payments made via Contribute As You Earn (CAYE)?
cpf
Source: https://www.cpf.gov.sg/memberYou may consider changing your payment system/ process to reconcile payments made via Contribute As You Earn (CAYE), if necessary.
If you’re using the online submission mode (DDA mode), you may download the CAYE payment file via the CAYE Digital Services to reconcile the payment made to the SEPs.
Generally, if you’re using PACE (PayNow for CAYE), you will receive a return file from CPFB within five working days from the Funds Deduction Date.
This information provided here is sourced from the CPF website.
Let other citizens know if this answer was helpful
Did this answer your question?Related Questions
How do corporate service buyers know if the payment to self-employed persons is successful?
from CPFWith the additional step to split the service fee under Contribute As You Earn (CAYE), would this result in a delayed payment of service fee that may exceed the credit terms?
from CPFFor PACE (PayNow for CAYE) payments, when do corporate service buyers need to submit a payment file to CPF Board to make Contribute As You Earn (CAYE) contributions by the stipulated deadline?
from CPFHow can corporate service buyers using the bank mode check the breakdown of the Contribute As You Earn (CAYE) contributions and net service fee to the self-employed person?
from CPF
Can’t find what you’re looking for?