What'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

Asked on 09 Mar 2020

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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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/2019-03/Apply%20for%20CDP%20Services%20-%20Editable%20201903.pdf

It takes about two weeks to update, if successful.

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KA
Khairudin Ali
Level 4. Prodigy
Answered on 02 Apr 2020

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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