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What is the Daily Withdrawal Limit for online withdrawals?
The Daily Withdrawal Limit is a limit that all CPF members aged 55 and above can set to determine the maximum daily amount they can withdraw online. The current maximum Daily Withdrawal Limit for online withdrawals is $50,000. There is no change in the current withdrawal rules under withdrawals for immediate needs for members aged 55 and above.
This information is sourced from CPF.
Related questions
What should I do if I need to withdraw more than the maximum online Daily Withdrawal Limit?
What type of CPF withdrawals does the online Daily Withdrawal Limit apply to and how do I change the online Daily Withdrawal Limit?
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Can I choose to opt-out of the online Daily Withdrawal Limit?
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Why is the maximum online Daily Withdrawal Limit set at $50,000?
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