Quote:
Originally Posted by KangTuo
a question to lao jiao who already withdraw cpf. how long do you need to wait for cpf to transfer the money into your bank?
a vb ask me this question but i don't know how to answer her. an old man promise her to give her $50k after he recieve his cpf and he told her that he just make the application.
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if a citizen reached 55yrs old and on his birthday...he can go to cpf to withdraw all his monies after deducting minimum sum which will be his retirement fund...
cpf will transfer the monies to the designated bank account within 4 working days...
after 55yrs old, if a citizen has more than the minimum sum he can ask to withdraw the balance amount...same thing takes 4 working days to transfer to bank...
if cheque then will take 7 days...