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If you intend to buy another share, property fund, corporate bond or gold ETF during this T+2 period, please check with your agent bank on your available stock limit or gold limit first. You will need to have sufficient investible funds in your CPF Investment and/or Ordinary Account to settle the new purchase before the settlement deadline.
You have to ensure that you have the sufficient limits, and monies to reinvest when your sale proceeds have been refunded. Unlike cash trades, stock investment using CPF is subject to the CPF stock limit which may change with CPF contributions, withdrawals, crediting of CPFIS sale proceeds, new CPFIS investments etc. Hence, to err on the safe side, it may be better for you to reinvest after your fund position is firmed up on T+2, in line with SGX settlement framework.