GROWING YOUR SAVINGS

Close investment account and cease investment participation

Close your CPF investment account and cease your participation in the CPF Investment Scheme (CPFIS)

Upon approval of this application, please take note of the following:

CPF Investment Scheme-Ordinary Account (CPFIS-OA):

  • Your CPF Investment Account (IA) will be closed.
  • Your investments will be transferred to you.
  • You can sell them subsequently and receive the proceeds directly in cash.

For CPF Investment Scheme-Special Account (CPFIS-SA):

  • Your investments will be transferred to you.
  • You can sell them subsequently and receive the proceeds directly in cash.

Important notes 

  • All fields are mandatory unless otherwise indicated.
  • Before submitting this application: 
  1. Check that you do not have pending CPFIS refunds (including transfer from your CPF IA) to be credited to your OA and/or SA. Else these refunds would be paid out to you in cash once your application has been processed.                                                                                                                                                        
  2. Note that Central Depository (CDP) imposes a transfer fee of $10 (excluding GST) for every exchange-traded product counter transferred from your CPF IA to CDP personal account.

 

 

 

 

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