Can I open a new Child Development Account (CDA) directly with any of the Child Development Account (CDA) banks?

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Accepted Answer

You cannot open a Child Development Account (CDA) directly with the bank. If your child has not joined the Baby Bonus Scheme, you can submit an application on LifeSG.

For more information on your child’s eligibility for Baby Bonus Scheme and opening of CDA, you may visit LifeSG to find out more.

Can I open a new Child Development Account (CDA) directly with any of the Child Development Account (CDA) banks?

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