For CPFIS-OA, you will need to open a CPF Investment Account with one of the following CPFIS agent banks:
- DBS Bank Ltd (DBS)
- Oversea-Chinese Banking Corporation Ltd (OCBC)
- United Overseas Bank Ltd (UOB)
Only UOB offers gold products (excluding gold ETFs). If you wish to invest in gold, you will need an investment account with UOB.
You will need to bring along your identity card and a copy of your CPF statement for the agent bank to verify your CPF account number. The agent bank will also require you to declare your SAQ status and/or ask to view a copy of your SAQ status.
Once you have successfully opened a CPF Investment Account, you may approach the product providers directly to buy or sell your investments.
Your agent banks will liaise with the Board and the various product providers to settle your purchase and sale of investment, and keep track of your investment holdings and transactions in your CPF Investment Account. Do cater processing time required for the settlement of each application (applicable to both the purchase and sale of investments). You can check with the respective service / product providers directly for the processing time required.
Note that you can only maintain one CPF Investment Account at any one time.
For more information, you can contact the Service/Product Providers (PDF, 0.1MB) included under the CPFIS.
