What happens to my Savings Bonds when I die?
- In the case of death, the bonds will be transferred to the rightful beneficiaries according to the deceased person’s will or according to the applicable intestacy laws. Such authorised transfers are not subject to the Individual Limit.
- You should seek legal advice or help from the public trustee office with regard to the exact process of transferring or redeeming SSBs upon death of the bond holder.
- For further details on the transfer process, you can visit:
- Public Trustee Office webpage
- CDP FAQ webpage – Refer to question on Transfer for Estate of the Deceased
This information is sourced from MAS
Related questions
Is there any scenario under which I am allowed to transfer my Savings Bonds?
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What if a non-Singapore Citizen or non-Permanent Resident with a CPF account has passed away before he had closed his account and transferred all his CPF savings?
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