Can payouts be credited into a foreign bank account? Faith, your friendly assistant September 09, 2024 07:28 Updated No. Payouts are restricted to Singapore-registered bank accounts that support direct crediting only. Related articles How do I cancel my policy? What will happen if the information I provide is inaccurate or incomplete? What will happen if the policy is assigned, or a trust is created over the policy? Can I indicate my preferred payout method?