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My application was rejected. Why did this happen?

Updated by MAS
  • To know the reason for the rejection of your application, you will have to contact the bank through which you submitted your application.
  • Possible reasons for the rejection include:
    • Your CDP account does not have Direct Crediting Services (DCS). To check whether your CDP has DCS, you can login to the CDP internet service or refer to the header section in your monthly CDP account statement to find out.
    • The Individual Limit of S$200,000 has been exceeded. To check whether the individual limits have been exceeded, you can access My Saving Bonds portal via the SSB website 
      (www.mas.gov.sg/ssb) using your SingPass. The portal will allow you to view your total SSB holdings purchased using both cash and SRS funds.

This information is sourced from MAS.

Topics:

Singapore Savings BondsApplying for Savings Bonds

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