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Home / Overseas Mission / Consulate-General of the Republic of Singapore in Hong Kong / Announcements / Closure of CPF Accounts for Non-Singapore Citizens and Non-Permanent Residents

Closure of CPF Accounts for Non-Singapore Citizens and Non-Permanent Residents

9 March 2023

CLOSURE OF CPF ACCOUNTS FOR NON-SINGAPORE CITIZENS AND NON-PERMANENT RESIDENTS

The Central Provident Fund (CPF) Board announced on 8 March 2023 that CPF members who are not Singapore Citizens (SC) or Permanent Residents (PR) have up to 31 March 2024 to close their CPF accounts and transfer their CPF savings to their personal bank account. Failing which, their CPF accounts would be automatically closed, and any remaining savings would cease to earn the prevailing CPF interest rate. The remaining savings can still be transferred to their bank accounts at any time after that.

CPF Board would individually notify non-SC/PR from March 2023, using the contact details that they have provided to the Board.

Please refer to the press release for details:

CPFB | Closure of CPF Accounts for Non-Singapore Citizens and Non-Permanent Residents

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