facebookWhat's the easiest way to change my bank for CDP’s Direct Crediting Service, and how long does it take? - Seedly

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Anonymous

02 Apr 2020

Stocks

What's the easiest way to change my bank for CDP’s Direct Crediting Service, and how long does it take?

What's the process that I need to go through in order to achieve this?

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Elijah Lee

02 Apr 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

You can do so via the following link, logging in via your onekey token:

https://www1.cdp.sgx.com/sgx-cdp-web/login

The following banks are eligible for DCS:

  1. Citibank Singapore Limited

  2. DBS/POSB

  3. HSBC

  4. Maybank

  5. OCBC

  6. Standard Chartered Bank

  7. UOB

Alternatively, you can fill the following form and send it back to your broker: https://api2.sgx.com/sites/default/files/2019-0...

It takes about two weeks to update, if successful.

You can do it on the CDP account itself. It is limited to certain banks only. Its shown on the webpage.

Hope it helps.

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