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Is SkillsFuture Credit (SFC) a cash account? Will the SFC earn interest?

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Source: https://www.skillsfuture.gov.sg

SFC is not a cash account and it will not earn any interest. SFC can be used to offset out-of-pocket course fees when attending approved courses. You cannot withdraw cash from this account to pay your Training Partner as the transactions will be made directly through MySkillsFuture.
 

This information provided here is sourced from the SKILLSFUTURE website.


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