cpf
1
A Singapore Government Agency Website
Back to home
Updated by CPF
Contact us
How would my CPF savings be paid to me?
You will receive your CPF savings to your bank account provided under your Account settings. If you have set your PayNow NRIC-linked bank account as your bank account, your savings will be transferred via PayNow and you will generally receive your CPF savings almost immediately upon the withdrawal application. However, please note that you won't be able to withdraw your CPF savings via PayNow if you have unpaid taxes, MediShield Life/CareShield Life premiums or outstanding divorce matters.
For other bank accounts, payments will be made via GIRO generally up to five working days after date of submission.
This information is sourced from CPF.
Related questions
My current registered bank account with CPF Board is also my PayNow NRIC-linked bank account. Do I still need to update my registered bank account with CPF Board to receive my CPF withdrawals via PayNow?
What are the benefits of receiving my CPF savings via PayNow?
cpf
1
1
Do I need to pay taxes for the amount I withdraw from my CPF accounts?
cpf
Need more help?
Describe your issues to us.
