Examples of CPF Investment Account in a sentence
In the case of a CPF or SRS investment, the Client must open or maintain a CPF Investment Account, CPF Special Account or SRS account with an Agent Bank, CPF Board, or a SRS operator (as the case may be).
By debiting the Client’s CPF Investment Account, CPF Special Account or SRS account, as the case may be, specified in the relevant Application Form.
Where there are insufficient monies in the Client’s CPF Investment Account, CPF Special Account, SRS account or DBS Bank account (as the case may be), or where Payment is not validly effected, the Fund Manager and/or DBS Bank will consider the application as having been cancelled.
For CPF investments, redemption proceeds will be paid by the Fund Manager to the relevant Agent Bank or CPF Board, as the case may be, which will then credit the redemption proceeds into the Client’s CPF Investment Account or CPF Special Account, as the case may be.
If both your CPF Investment Account and CPF Ordinary Account are closed, the monies will be paid to you in accordance with the Irish Prospectus or otherwise in accordance with any applicable laws, regulations or guidelines.