Purpose and scope
The form authorises direct-credit refunds and validates the payee’s bank account.
Information and procedure
The following separates the document’s main parts and applicable requirements.
| Part | Requirement |
|---|---|
| Part I | Authority/agency details |
| Part II | Entity/name/ID, bank/account/holder details and mandatory email; authorisation |
| Part III | Bank officer validation/stamp where required |
| Form validity | Original form, no correction fluid; changes endorsed by the same bank officer and signer; three months from bank stamp |
Completion and follow-up
The form lists circumstances in which bank validation can be omitted for ACRA entities or citizens/PRs with DBS/POSB, OCBC or UOB. Apply the current ICA refund instructions too, particularly for joint/trust/different-identity accounts.
Official ICA source
Written independently from ICA’s English original. The linked source supplies the complete document and subsequent updates.