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DBS and UOB to join OCBC in Baby Bonus Scheme from Q2 2015

Published Fri, Sep 12, 2014 · 10:00 PM
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Singapore

THE more the merrier - that's always the case when it comes to the Baby Bonus Scheme.

DBS and UOB will join OCBC in providing Child Development Account (CDA) services from the second quarter of next year.

But Standard Chartered Bank - which currently offers these services with OCBC - will stop doing so once the others come on board, the Ministry of Social and Family Development (MSF) said on Friday.

These changes we…

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