POSBkids Account Activation


I have received my POSB Child Development Account (CDA) welcome letter and wish to activate my POSBkids Account.

Your application will be processed within 5 working days upon receipt of your application together with required documents.

* Denotes mandatory field

Section A: My Personal Details

Please check your entry. Enter alpha characters only.

For verification purposes

Please select your Nationality.

Please check your entry. Singapore NRICs begin with S or T . e.g. S1234567A.

Please check your entry. Please enter your 12-digit Malaysian NRIC.

Please check your entry. Enter alpha numeric characters only.

You will receive a SMS at this number if your application is unsuccessful.

Please check your entry. Enter a valid contact number.

Please do not enter the Child Development Account (CDA) or POSBkids Account Number

Ensure that you have entered digits only

Section B: My Child's Details

Please select your Nationality.

Please check your entry. Singapore Birth Certificate should begin with T . e.g. T1234567A.

Please check your entry. Please enter your 12-digit Malaysian NRIC.

Please check your entry. Enter alpha numeric characters only.

Section C: Self certification on US citizenship/tax residency status

For information on US tax residency, click here.

Please select an option

Please select an option

Please select an option

Please enter a valid 9-digit number only without dashes.

Please provide the information required to facilitate activation of account.

Section D: Self certification on other tax residency status

For information on other tax residency, click here.

Please select an option

Please select an option

Please check your entry. Enter alpha numeric characters only.

Please provide your Child's Taxpayer Identification Number/equivalent number.

Please select an option

Please select an option

Please check your entry. Enter alpha numeric characters only.

+

I would like to add another tax residency status for my child

Section D: Self certification on other tax residency status

To learn more about tax residency, click here

Please select an option.

Please select an option

Please select an option

Please check your entry. Enter alpha numeric characters only.

Please provide your Child's Taxpayer Identification Number/equivalent number.

Please select an option

Please select an option

Please check your entry. Enter alpha numeric characters only.

+

I would like to add another tax residency status for my child

DEPOSIT INSURANCE SCHEME

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Section E : Submit Document

Please ensure the following before uploading of any supporting documents:

1. Child’s identification number on the document matches with the details indicated in the application page; and
2. Document details are visible and legible, and the photograph is clear; and
3. Document must be in jpeg or pdf format, and file size must be 2MB or less.

Child Document Upload

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DEPOSIT INSURANCE SCHEME

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Section A: My Personal Details Edit

Section B: My Child's Details Edit

Section C: Self certification on US citizenship/tax residency status Edit

Section D: Self certification on other tax residency status Edit

Section E: Uploaded Document Edit

You have uploaded the following documents

Section F: Agreement and Declaration

Important : Please read before submitting

  1. I agree to activate the Reserved Account(s) opened concurrently with the POSB Child Development Account. For the purposes of this declaration, the “Account(s)” means the relevant Account(s) notified to me, being a POSBkids Account or My Accounts.
  2. I understand the Reserved Account(s) may include a personal Account for my child (or the minor) and/or a joint-alternate Account which can be operated by me or my child (or the minor) singly, and these may be linked to my existing ATM/Debit Card(s).
  3. I agree to be bound by the Terms and Conditions Governing Account(s) (including Additional Terms and Conditions Governing Foreign Currency Accounts), Terms and Conditions Governing Electronic Services, and DBS Privacy Policy, and such terms and conditions as may be applicable and updated from time to time at www.posb.com.sg. I consent to the collection, use, disclosure and processing of my personal data in accordance with the DBS Privacy Policy.
  4. I understand that the operation, maintenance and closure of the Account(s) are separate and independent from the POSB Child Development Account.
    1. I am the beneficial owner of the funds in the joint-alternate Account and shall only use the Account and the Bank’s products/services for legal purposes.
    2. My child (or the minor) is the beneficial owner of the funds in the personal Account, and I am authorised to manage the funds in the personal Account on behalf of my child (or the minor) being the beneficial owner; and we shall ensure that the Account and the Bank’s products/services are only used for legal purposes.
  5. I certify that the information in Section C and Section D (“Certification”) is true, accurate and complete. If any information changes, I shall immediately inform the Bank within 30 calendar days of the change, and provide supporting documents if required.
  6. I agree that the Bank may disclose and transfer to its branches, subsidiaries, affiliates or representative offices located in any jurisdiction the information contained in the Certification, and any information relating to my accounts and products with the Bank, in connection with or to facilitate their compliance with applicable laws and regulations.
  7. I consent to the Bank collecting, using and disclosing the above information (including disclosing information to any Singapore or other government authority or agency) that I have provided for the purpose of complying with applicable laws and regulations.
  8. For parent/guardian/trustee/authorised representative signing on behalf of a person under 18 or person who is mentally incapacitated:
    I warrant that I have the legal right to sign the Certification and either have obtained the individual's consent or have the right to consent on his/her behalf to such collection, use, disclosure and processing of his/her personal data by the Bank for the purposes of the Certification.

Ensure that you have accepted the terms and conditions

DEPOSIT INSURANCE SCHEME

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.