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Friday, March 2, 2012

CPF Investment Account

How to open CPF Investment Account?

CPFIS-Ordinary Account
You can open a CPF Investment account at any of the 3 agent banks listed below:
 Development Bank of Singapore (DBS) Ltd
 Overseas-Chinese Banking Corporation (OCBC) Ltd
 United Overseas Bank (UOB) Ltd

You need to bring along your identity card and your CPFIS statement.
Your agent bank will liaise with the CPF Board and the various product providers to settle your purchase and sale of investment, and keep track of your investment holdings and transactions in your CPF Investment Account.

CPFIS-Special AccountNo CPF Investment Account is required.
CPF Board will liaise with the various product providers to settle your purchase and sale of investment, and keep track of your investment holdings and transactions
Note
Your CPFIS-OA transactions will incur agent bank's service fees as well as other related transaction charges. Please check with your respective agent bank for the details of the charges.

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