If I have made a deposit in cash to the Approved Institution (AI), can the AI refund to the Child Development Account (CDA) on my behalf?
Cash payments collected by Approved Institutions (AIs) from parents should be refunded in cash.
The AI can make a refund into the Child Development Account (CDA) only if the refunded amount was originally deducted from the CDA. The refunded amount will not be co-matched in the CDA.
Related questions
Can the Baby Bonus Approved Institution (AI) make a refund in the CDA on behalf of parents for the payments made in cash?
When do Approved Institutions (AIs) need to make a refund to the CDA?
I am supposed to receive a refund from the Approved Institution (AI). How do I know whether the refund has been credited into my child’s CDA?
Can I withdraw money from the Child Development Account (CDA) using an ATM machine?
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