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Can I make multiple redemptions for the same Savings Bond issue through the same and/or different banks? What will happen to my earlier requests? Will they be overwritten or superseded?


Updated by MAS
  • Yes. You can submit multiple redemption requests through either the same or different banks. Your earlier redemption requests will not be overwritten or superseded. The multiple requests will be processed, so long as you have that amount of Savings Bonds. 
  • Please note that a transaction fee of $2 (inclusive of GST) will apply for each redemption request. You will not be able to amend or cancel submitted redemption requests.

This information is sourced from MAS.

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