When will the funds be debited from my account?
For cash applications, funds will be deducted at the point of application. The discount to the face value of your allotted T-bills will be credited into your account within 1 – 3 business days after auction date.
For SRS applications, funds will be earmarked at the point of application, for subsequent deduction within 1 – 3 business days after auction date.
For CPFIS applications, funds will be deducted within 1 – 3 business days after auction date. For more information on how to invest using CPFIS, you may visit CPF website .
Note: Please check with your bank on the relevant transaction charges (if applicable) for using the different funds for application.
This information is sourced from MAS
Related questions
When my application is pro-rated, what would I expect to see in terms of deduction?
Upon maturity of the T-bills, when will I receive the principal amount?
I have applied to purchase Treasury Bills (T-bills) at primary auction under the CPF Investment Scheme (CPFIS). When would my CPF savings be deducted for the purchase?
When will the maturity proceeds of my investments be credited to my CPF accounts?
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