A Singapore Government Agency Website 

Back to home

Can I withdraw money from the Child Development Account (CDA) using an ATM machine?


msf-logo
Updated by MSF

You cannot withdraw cash from the Child Development Account (CDA). However, you may use the funds for your child’s educational and healthcare expenses at Baby Bonus Approved Institutions (AIs) registered with MSF under the Baby Bonus Scheme. You can visit this link for a summary of the approved uses of the CDA and search for an AI here.


Was this answer helpful?
2 people found this helpful.

ask-question-illustration
Need more help?
Get in touch