Once you have submitted your request to change your Child Development Account (CDA) bank, your existing GIRO arrangements and ATM card will be terminated within 2 weeks.

If you have GIRO arrangements in your existing CDA, you need to update your Approved Institution (AI) of the new CDA number by submitting a new application for interbank GIRO with the new CDA bank to your AI. The form can be found via ‘[Forms]’ on Baby Bonus Online. Please ensure that there are sufficient funds in the new CDA while the funds are being transferred from the old CDA.