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When will the funds be debited from my account?

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Source: https://www.mas.gov.sg

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.

Note: Please check with your bank on the relevant transaction charges (if applicable) for using the different funds for application.

This information provided here is sourced from the MAS website.


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