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Can I transfer my Ordinary Account (OA) savings to my parents' OA so that I can help them pay their outstanding housing loan?
cpf
Source: https://www.cpf.gov.sg/memberYou cannot transfer your Ordinary Account (OA) savings to your parents' OA to help them pay their outstanding housing loan. You can only use your OA savings to service a housing loan if you are an owner of the property.
This information provided here is sourced from the CPF website.
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