For example, if one has a $180,000 withdrawable balance and intends to withdraw all of it, he can do so by withdrawing $50,000 daily for three consecutive days and $30,000 on the fourth day.
This would prevent that person from losing $180,000 in one day, if he were to get scammed.
https://www.straitstimes.com/singapore/maximum-cpf-daily-withdrawal-limit-to-be-lowered-from-200k-to-50k-as-anti-scam-measure
Scam 😂 Admitting the CPF system cannot protect our money.
CPFB did not provide the exact sum, which based on the figures provided, would amount to at least $2.5 million lost to scams.
$2.5m lost to scams and they force this new law now 😂
Day 1 scam by ktv gf day 2 scam by massage gf last day scam by spa gf. Still same ma wtf
dun let chiu withdraw means they no nee to pay chiu so soon loh
wait till chiu died
:s13: