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Anonymous

07 Mar 2020

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CPF

How do I open a CPF Investment Account (CPF-IS)?

What are the steps that I can go about to do this? What are some considerations that I should have when opening a CPF IS account?

Discussion (3)

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What if I already have a CPFIA account and therefore Can purchase funds under CPFOA. And now, would like to use CPF SA Account.

  1. Should I apply for a CPFSA account? Is there any?
  2. How to add an Account at the existing DBS Account and existing DBS CPFIA Account?
  3. I tried to use the CPFIS account to purchase funds so that it will withdraw from my CPF SA account, but not succesful.

Thank you

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Christina Seah

07 Mar 2020

Financial Consultant at Great Eastern FA

I just opened my account with DBS via an online form. It took them less than a week.

Please remember to take the CPF SAQ first with the link Kenneth provided or just google CPF SAQ.

I used this DBS form here: https://www.dbs.com.sg/Contact/dbs/investment/c...

I would suggest opening the CPF-IA account with your primary bank account so as to consolidate your accounts.

Kenneth Lou

07 Mar 2020

Co-founder at Seedly

You can open a CPF Investment Account (CPFIA) with any of the 3 agent banks UOB, DBS or OCBC. Throug...

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