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How do I transfer the monies from my CPF Investment Account to my Ordinary Account?
You can perform this request by:
- Following the steps on DBS website
- Using OCBC’s internet banking (After login, Mouse over “Investments & Insurance” menu bar, click “Retirement Portfolio” from dropdown list, then click on “Refund to CPF Board” on left menu bar)
- Using UOB’s internet banking (After login, click “Investment” on left menu bar, and click “Transfer to CPF” under CPFIS-Ord A/c)
If you do nothing, your monies in your CPF Investment Account (IA) will only be refunded at the end of the second month of inactivity. You will lose up to two months of CPF interest.
This information is sourced from CPF.
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