CPF Account Closure for Non-Singapore Citizens
This file contains the application form for CPF account closure specifically for non-Singapore citizens and non-permanent residents. It includes essential instructions, declarations, and requirements for submitting the form. Completing this form allows successful closure of your CPF account and withdrawal of your funds.
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How do I fill this out?
To fill out this form, start by providing your personal particulars as requested. Ensure that all information is accurate, as discrepancies can delay the processing of your application. Finally, review the completed form for any amendments before submission.
How to fill out the CPF Account Closure for Non-Singapore Citizens?
1
Read the Important Notes thoroughly.
2
Fill in your personal particulars accurately.
3
Provide the necessary bank details.
4
Complete the declaration and agreement section.
5
Review and submit the form either online or at a CPF Service Centre.
Who needs the CPF Account Closure for Non-Singapore Citizens?
1
Foreign nationals looking to close their CPF accounts.
2
Ex-Singapore citizens returning to their home country.
3
Non-permanent residents applying for their CPF withdrawal.
4
Investors who want their CPF savings liquidated.
5
Individuals needing to submit bank details for fund transfers.
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What are the important dates for this form in 2024 and 2025?
Non-Singapore Citizens and non-Permanent Residents must apply using this form from April 1, 2024. By this date, certain CPF schemes participation for non-citizens will automatically cease, underscoring the importance of timely submission. Plan accordingly to ensure compliance with CPF regulations.
What is the purpose of this form?
The primary purpose of this form is to facilitate the closure of CPF accounts for non-Singapore citizens and non-Permanent Residents. It ensures that individuals who are no longer residing in Singapore can withdraw their CPF savings. Additionally, it includes declarations, agreements, and key instructions to support a smooth application process.
Tell me about this form and its components and fields line-by-line.
- 1. Applicant's Particulars: This section captures your identification details such as name, contact number, and foreign identification number.
- 2. Bank Details: Here, you'll input your bank account information for the transfer of your CPF funds.
- 3. Declaration and Agreement: This section requires you to acknowledge the conditions and terms regarding your application.
What happens if I fail to submit this form?
Failure to submit this form may result in the inability to access your CPF funds. It can also lead to ongoing participation in CPF schemes without the possibility of withdrawal. Users are advised to ensure proper submission to avoid complications.
- Inaccessibility of CPF Funds: Your CPF savings will remain locked, preventing withdrawal.
- Continued Participation: You might still be subjected to CPF regulations without option for withdrawal.
How do I know when to use this form?
- 1. Closing CPF Account: This form is essential for formally closing your CPF account.
- 2. Withdrawing CPF Funds: Use this form when you want to withdraw your accumulated CPF savings.
Frequently Asked Question
What is the purpose of this form?
The CPF Account Closure form allows non-Singapore citizens and non-permanent residents to close their CPF accounts and withdraw their funds.
Who needs to fill out this form?
This form is needed by foreign nationals and ex-Singapore residents who wish to withdraw their CPF savings.
How can I submit this form?
You can submit the completed form online or by visiting a CPF Service Centre.
What should I do if I make an error on the form?
Please sign against any amendments made and ensure that no correction fluid or tape is used.
How long does it take to process the application?
Processing times may vary, but ensure your form is complete to avoid delays.
Can I use this form if I'm in Singapore?
Yes, but if you need assistance, it's advised to make an appointment at the CPF Service Centre.
What documents do I need to submit with this form?
You must attach supporting documents, including identification and bank details.
Is there any fee associated with this application?
There are no fees for applying for CPF account closure.
What happens if my application is incomplete?
An incomplete application may lead to delays in processing.
How will I receive my funds after account closure?
Funds will be transferred to the bank account you provide in the form.
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