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Paying CPF for self-employed vendors

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Under what scenarios will monies transmitted via Contribute-As-You-Earn (CAYE) bank mode be returned to the corporate service buyer?

The full service fees transmitted via the Contribute-As-You-Earn bank mode will be returned to the corporate service buyer if:

  1.  the self-employed person (SEP)’s bank account is closed or invalid;
  2.  the SEP’s NRIC is invalid; or
  3.  the CPF submission number in the bank file is invalid.