I enrolled my child into Baby Bonus Scheme before 1 July 2024. Can I select a different bank before opening my Child Development Account (CDA)?
Yes, you can email msf_babybonus@msf.gov.sg to request for a change of Child Development Account (CDA) bank before account opening.
For foreigners who select UOB, you will need to obtain a digital Letter of Authorisation (LOA) from MSF before visiting any UOB branch for account opening.
Related questions
I enrolled my child into Baby Bonus Scheme before 1 July 2024. Can I change Child Development Account (CDA) trustee before opening my CDA?
My Letter of Authorisation (LOA) issued before 1 July 2024 has expired, how can I proceed with opening a Child Development Account (CDA)?
Can I open a Child Development Account (CDA) with Standard Chartered Bank if my child was enrolled in Baby Bonus before 1 July 2024, but I have not opened the CDA under my chosen bank of Standard Chartered Bank?
Can I open a new Child Development Account (CDA) directly with any of the Child Development Account (CDA) banks?
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