CPF implements S$2,000 daily online withdrawal limit from 30

CPF implements S$2,000 daily online withdrawal limit from 30 Nov for member security against scams

According to Singapore's CPF Board, starting 30 Nov, a default daily online withdrawal cap of S$2,000, aimed at safeguarding CPF members aged 55 and above from scams, will be in place. Members can adjust this limit between S$0 and S$200,000 online, with increased limits necessitating Singpass face verification and a mandatory 12-hour security delay.

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