If I am paying via Direct Debit, when will CPF Board deduct from my bank account after my CPF submission?
Direct Debit deduction will only take place after you have submitted your CPF contribution details. If you are submitting via CPF EZPay, you will see the deduction date in the "Deduction On" field below the "Direct Debit" button.
If you have set up Electronic Standing Instruction within CPF EZPay, the deduction date will be the 3rd working day from the 14th of the following month (or the next working day if the 14th falls on a Saturday, Sunday or Public Holiday).
Please remember to maintain sufficient funds for successful deduction. If your deduction fails, there will be a 2nd deduction seven calendar days later (or next working day if it falls on a public holiday). This may result in late CPF submission and incur late payment interest.
