When is the deduction date of my recurring cash top-up arrangements?
The deduction from your bank account takes place on the 15th of the month (or the next working day if 15th falls on a Saturday, Sunday or Public Holiday).
If you set up a new GIRO to make recurring cash top-ups:
GIRO deduction for your recurring cash top-up will take effect from the following month upon successful application of your recurring top-ups.
If you have updated your GIRO bank account for recurring cash top-ups:
Deductions from your GIRO bank account for your recurring cash top-up(s) will take effect from the current month if you have updated your bank account before the 8th of the month. Otherwise, the deductions will be made from your new bank account from the following month.
Note: Please ensure that you maintain sufficient funds in your bank account for GIRO deductions. Some banks may charge an administrative fee for each unsuccessful deduction.
This information is sourced from CPF
Related questions
Why are there no deductions from my bank account even though I have successfully made a recurring cash top-up arrangement?
How can I update or terminate my GIRO bank account for recurring cash top-ups?
Why is the deduction still happening after I have successfully deleted my recurring cash top-up arrangement?
How can I make recurring monthly or yearly top-ups conveniently via GIRO?
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