Will there be any fees for unsuccessful deduction of MediShield Life and/or CareShield Life premiums?
CPF Board (Billing Organization) will not impose any charges for unsuccessful deductions of MediShield Life and/or CareShield Life premiums. However, some banks will impose service charges as an unsuccessful deduction may be treated like a bounced cheque. Please contact your bank for further details on the fees and charges (if applicable).
This information is sourced from CPF
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