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How can I update my mode of payment to receive cash benefits from the Government?


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Updated by CPF
There are two options which you can choose to update the mode of payment for your government cash benefits:

Option 1: Register for PayNow-NRIC
You can register for PayNow-NRIC if you have a bank account with the participating banks. Please refer to your respective bank's website for specific details on how to link your NRIC to PayNow. Please note that PayNow-Mobile number is not accepted.

You are encouraged to register for PayNow-NRIC as government cash benefits will be credited to your PayNow-NRIC-linked bank account by default.

PayNow is a secure funds transfer service that allows customers to receive money into their bank account via NRIC/FIN and/or mobile number. With PayNow, the recipient's bank information will be kept private. The recipient will need to provide their mobile number or NRIC/FIN to the sender to send money. Other PayNow users will not have access to your personal details unless it is provided by you.

Option 2: Provide your bank account details
You may provide your bank account details by logging in to our e-services with your Singpass. The bank account that you have provided will only be used if you do not have a PayNow-NRIC linked bank account.

Bank crediting is only available via the three local banking groups DBS/POSB, OCBC, UOB, and your bank account must be a personal or joint account registered with your NRIC number.

The Government will validate the bank account details that you have registered with your bank. If you have closed your bank account, ceased being a joint account holder, or have provided the wrong bank account details, we will inform you to update your bank account details. You will receive a letter sent to your NRIC address.

This information is sourced from CPF


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