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Anonymous

07 Mar 2020

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

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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