Why do you still need the foreigner and 3rd party Child Development Account (CDA) trustee to make a trip to the bank, when most transactions can already be done online?

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Accepted Answer

To open a Child Development Account (CDA), the majority of Singaporean CDA trustees do not need to make a trip to the CDA bank, as we can verify their particulars with our records.  
  
However, the CDA banks require foreigners or third-party CDA trustees to make a trip to the bank so that the bank could verify the trustees’ particulars.

Why do you still need the foreigner and 3rd party Child Development Account (CDA) trustee to make a trip to the bank, when most transactions can already be done online?

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