Do not believe those agencies who are only after for your money. It was clearly mentioned at SINP website that provident fund is an acceptable proof of fund. The thing is what documents to show as proof of fund, because it was mentioned that they need a letter from the fund company stating the amount of money available to you; however, Singpore CPF do not issue that letter (I already got reply from them). So the only proof you can show is your statement of account which is available online under your account, pkus you may want to make a LOE why you cannot have a letter.
For my case, I did not opt to use my cpf as pof, instead I used my cash value life insurance.
Hi. What do you mean by LOE?