Payment Options for Annual Fees
Cordlife has a variety of payment plans to meet your family's needs and conveniences. You may pay in full at the time of delivery or choose from our various monthly or yearly plans. If a monthly payment plan is selected, your monthly charge will include an annual storage fee for the first year. Future annual storage fees are not included.
Now, you can choose to make payment at all AXS Stations in Singapore.
- Manual Entry
- Scan Barcode
You can add new billing or one time payment via DBS iBanking
- Add New Billing Arrangement
- One-Time Payment
At Cordlife, you can pay for our cord blood banking packages through your Child Development Account (CDA)* where the amount you contribute to your child's CDA will be matched by the Government, dollar for dollar, up to $6,000 for the first and second child, $12,000 each for the third or fourth child and $18,000 for the fifth child and subsequent child.
For example, if you deposit $500 into the CDA in January 2016, the Government will make the matching contribution of $500 in the following month.
In March 2016, the Government announced the CDA First Step which is a grant of $3,000 for eligible Singaporean children born from 24 March 2016. It is paid automatically into the child’s CDA.
This can be used to fund the initial upfront payment of your cord blood banking package.
The remaining balance^ of your cord blood banking package will only be deducted from your CDA approximately 2 months after the delivery of your baby. For more information on CDA, please visit www.babybonus.msf.gov.sg or ask our friendly consultant today!
*A child is eligible for application of a Child Development Account (CDA) if he or she is:
- Born on or after 17 Aug 2008
- A Singapore Citizen;
- The mother is lawfully married to the child's father.
^Remaining balance is dependent on the price plan of your chosen cord blood banking package.
The most convenient way to pay your Annual Fees with no worries of late payment.
To sign up, kindly complete the GIRO application form and send it back to:
Cordlife Group Limited
Finance Department (Inter-Bank Giro)
1 Yishun Industrial Street 1
A'Posh Bizhub
#06-01/09
Singapore 768160
Please note that you will need to apply 2 months before the due date of your annual fee invoice to make payment via Inter-Bank GIRO.
Cheque or Credit Card payments can be made by post to Cordlife using the self-addressed envelope provided.
Cheque should be crossed and made payable to "Cordlife Group Limited".
Kindly indicate your full legal name, contract number and contact number on the reverse side of your cheque and enclose the payment slip provided. Any amendments or cancellation on the payment slip should be signed.
Alternatively, you may wish to fill in your credit card details on the payment slip provided in your invoice. Please mail the completed payment slip using the self-addressed envelope provided.