Here’s How You Can Easily Transfer Funds Into EPF’s Account 3 Using The i-Akaun App

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The transfer can be done in just a couple of minutes through the i-Akaun app.

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This is a change from the previous system where 70% was allocated to Account 1 and 30% to Account 2. The Account 3 has been automatically created for all EPF members below the age of 55. You will be shown the new EPF account structure and distribution rate. Click Next to proceed until you see the Transfer Now button.During this one-time transfer window, you can move funds from Account 2 to Account 1 and/or Account 3.Following the one-time transfer, you will receive a detailed comparison of your Account 1, 2, and 3 balances, both before and after the transaction.

You will be prompted to make a final Member’s Declaration. Just click Accept after reading to continue.

 

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