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How long does it take to process applications relating to Direct Debit?

Updated by CPF
Please refer to the table for our service standards for processing applications relating to Direct Debit.
 
Service
Normal Processing Time
Set up Direct Debit Authorisation for CPF contributions (online)
For personal bank account, the approval only takes minutes.
 
For corporate bank account, the approver must approve the eGIRO request within the bank’s website within 48 hours before the application expires.
Terminate Direct Debit Authorisation for CPF contributions
One working day
 

This information is sourced from CPF.

Topics:

Employer - Platform OperatorSetting up of Direct Debit AuthorisationEmployer - Making CPF ContributionsPayment modes

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