How long does it take to open a CDP Securities account and to activate DCS?
- It takes an average of 5 business days from the time you submit the account application form to the time that you receive notifications from CDP on (i) the opening of the CDP Securities account; and (ii) activation of DCS.
- Please note that you will not be able to apply to buy Savings Bonds until you have received both of these notifications.
This information is sourced from MAS
Related questions
How do I set up a CDP Securities account?
I have CDP Securities Account but do not have a designated DCS bank account. How do I apply for DCS?
Can my bank assist with the opening of CDP account and same day investment of Savings Bonds at any of its bank branches?
Why do I need to open a CDP Securities account to buy Savings Bonds?
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