The Daily Withdrawal Limit only applies to online CPF lump sum withdrawals made under
withdrawals for immediate needs for members aged 55 and above. If you need to withdraw an amount above the maximum Daily Withdrawal Limit of $50,000, you may consider doing so online over multiple days. Alternatively, you may also wish to consider
booking an appointment (Select ‘Retirement Income’ then ‘Withdrawal above maximum online Daily Withdrawal Limit’) to withdraw your preferred amount in person at CPF Service Centres. Generally, the next available appointment would be in a week’s time; subsequently, members will receive their withdrawn CPF savings in their bank account registered with us generally within five working days. To minimise any potential delay during the withdrawal process, we encourage members intending to make large withdrawals to plan in advance.
