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Scheduled maintenance: Long-term care insurance information on Healthcare Dashboard is unavailable from 26 April 2024, 8pm to 28 April 2024, 11.30pm for upgrades.

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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?

You 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.