A*STAR Companies are now accepting electronic invoices

We are pleased to inform that in addition to A*STAR, Electronic Invoicing is now available for the following A*STAR Companies with effect from 17th December 2019:

• A*STAR Research Entities (ARES)
• Technology Centre for Offshore & Marine, Singapore Ltd (TCOMS)
• Accelerate Technologies Pte Ltd (ACCL)
• Accelerate Venture Creation Pte Ltd (AVC)

New Sub-BU Codes for A*STAR and its companies have been created for your selection to submit e-invoices directly to the appropriate business units. For any enquiries, kindly contact the liaison officer of the companies. Thank you.

Implementation of Contribute-As-You-Earn (CAYE) Policy

Under the Contribute-As-You-Earn (CAYE) pilot, a part of the payment to Self-Employed Persons (SEPs) will be credited into their MediSave Accounts, with the remainder paid to SEPs directly. For more information, please visit the CPF website here. For queries on CAYE, you may write to the CPF Board or call 1800-227-1188.

A*STAR Research Entities not subjected to Contribute-As-You-Earn Policy

Please note that the Contribute-As-You-Earn (CAYE) policy is not applicable for transactions with A*STAR Companies (ARES, TCOMs, A*ccelerate and A*VC) in the current pilot phase. Kindly contact Finance_AP@hq.a-star.edu.sg for any enquiries.

Invoicing to Home Team Science and Technology Agency

Please note that all e-invoices relating to Home Team Science and Technology Agency (previously issued to Ministry of Home Affairs) should be issued to 'Statutory Board: Home Team Sci & Tech Agency', 'Sub-Business Unit: HTX01', with effect from 1st December 2019. For any enquiries, kindly contact the liaison officer of the agency. Thank you.

Termination of AGD Password for Foreign Corporate Vendors

With the introduction of CorpPass for Foreigners in October 2018, AGD will be terminating the AGD Password for all foreign corporate vendors with effect from 11 July 2019. Kindly register for CorpPass here and set up the Vendors@Gov digital service at the CorpPass portal. Thank you.

Standard Chartered Bank (Singapore) Limited ("SCBSL")

In line with SCB's plans to consolidate their business operations in Singapore to SCBSL, the current Bank Code and Swift Bank Identifier Code ("BIC") will be replaced. Please refer to their announcement for more info. To prevent any delay in payment to all vendors with SCB bank account, we will be assisting to update the Bank Code/BIC to 9496/SCBLSG22 with immediate effect. Kindly contact us via AGD helpdesk for any enquiries.

Citibank Singapore Limited

With effect from 15 April 2019, Citibank Singapore Limited ("Citibank") will operate under a new SWIFT Bank Identifier Code and Bank Code for SGD payment instructions. If you have been informed by Citibank that there is a change in your account's Bank Code, please log into your account to update it and register a ticket with AGD helpdesk after you have done so. Thank you.