Save in POSB Smiley Child Development Account (CDA)

• Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.
• Tap Pay & Transfer and select All.
• Under Your DBS/POSB Accounts, select the CDA Account you wish to transfer to.
• Select the Fund Source you wish to transfer from and enter the Amount your wish to transfer, tap Next.
• Verify the details of the transaction and tap Transfer Now to complete the transfer.

• Read this article to learn how to add your CDA as a recipient.

Don't have digibank?
   

• Perform a Funds Transfer via POSB/DBS ATMs
Or

• Perform a Cash Deposit via POSB/DBS Deposit Machines

• Issue a Cheque in the Trustee's or Beneficiary's name.
• Write your Child Development Account no. at the back of the cheque.
• Deposit your cheque at any POSB/DBS Branches or Cheque Deposit Machines located islandwide.

• Funds will be credited into your CDA within 1 working day if the cheque is deposited before 3.30pm, Mon - Fri excluding Public Holidays.
• Find out exactly when the funds will be credited by reading our article on Cheque Clearing.

• Set up Standing Instruction for Local Funds Transfer via digibank Online