How do I change my company's Direct Debit account to pay CPF contribution?
To change your Direct Debit account for CPF contributions, simply submit a new application for Direct Debit Authorisation (DDA) for your new bank account.
CPF contributions will continue to be deducted from the existing bank account until the new Direct Debit Authorisation form has been approved. Once it is approved, the previous Direct Debit arrangement will then be terminated.
Please refrain from submitting a new online DDA application to change your bank account while the deduction for your current submission is pending. This is to avoid unsuccessful deduction which may incur late payment interest. If you wish to change the bank account for Direct Debit deduction, you should only submit the new online DDA application after the deduction is successful.
