There is a website on this:
If urs is 1st child, after delivery you will need to submit the child's particulars to ICA to have the Birth Cert done up, then submit docs to the Bank where you will be crediting the money into. The $ is split into 4 installments, 1st - birth, 2nd - 6m, 3rd - 1yr, 4th - 1.5yrs. that was during my time in 2005. Nowadays hospitals provide this service also. More hassel-free.