Tuesday, June 27, 2017

Withdrawing EPF

This will be my last post of the Malaysia citizenship renunciation series of posts

This is one of the method to withdraw your EPF as I found out later that KWSP actually offers other means of withdrawal. I'll share how I did mine.
  1. Use borang K to update an existing bank account that were previously opened before renunciation of Malaysia citizenship. This is to change the NRIC from the Malaysia NRIC number to Singapore passport and/or Singapore NRIC number 
  2. What to bring 
    • Singapore passport
    • Singapore passport photocopy
  3. Updating of bank account information will take 3 days for CIMB, so I had to take another trip to Malaysia just to go to KWSP and not able to do it all in one single day

Once the bank account information is updated
  1. Get a printout from the bank of the latest bank account information with the updated Singapore passport number and/or Singapore NRIC number.
  2. What to bring
    • Singapore passport
    • Singapore passport photocopy
    • Borang K
    • Borang K photocopy
    • Bank account information printout with the newly updated NRIC number
  3. Form to fill up to withdraw EPF is "KWSP 9K (AHL)" and also a form to change Malaysia NRIC to Singapore NRIC number. I forgot to jot down the form number as everything happened in a hurry because it was near their knock off hours. The person attended my case forgot to get me to change my NRIC and phone me after I left KWSP. Luckily I wasn't very far away.
  4. If you have a Malaysia mobile phone number, KWSP will SMS you when your funds are transferred to your bank account. This process will take about 3-4 weeks.