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How can I opt out of receiving payments via GovCash?


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Updated by CPF
If you prefer not to receive your payments via Govcash, there are two options available:
 
Option 1: Link your NRIC to PayNow with a participating bank
We encourage you to link your NRIC to PayNow with a participating PayNow-GIRO bank.

The list of PayNow-GIRO-participating banks are: Bank of China, CIMB, Citibank, DBS Bank / POSB, GXS Bank, HL Bank, HSBC Bank, ICBC, MariBank, Maybank, OCBC Bank, RHB Bank, Standard Chartered Bank, State Bank of India, Trust Bank and UOB Bank.

If your preferred bank is on this list, contact your bank for details on how to link your NRIC to PayNow.

Once you link your NRIC to PayNow, future Government benefits you are eligible for will be automatically credited to your PayNow-linked bank account.
 
Option 2: Register your bank account details
Alternatively, you can choose to receive your payments via crediting to your bank account. To do so, log in to the e-services using your Singpass, select “Bank Account Submission” and update your POSB/DBS, OCBC or UOB bank account details.
 
Bank crediting is available only 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 verify the bank account details you have registered with your bank. If you have closed your bank account, ceased being a joint account holder, or have provided incorrect bank account details, you will be asked to update your bank account details. A letter will be sent to your NRIC address.

This information is sourced from CPF


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