Velocity Family Transfers Online Suspended

It is annoying but you stlll have to ring to TF points. They give a warning that the recipient needs to earn or redeem points within 30 days, otherwise the transferred points will be forfeited!
 
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Hubby got around 2K velocity points which will expire in 2 months time. Can I transfer 3K to hubby velocity account, and then transfer 5K back to my account? If cannot be done, then can hubby transfer his velocity points to a hotel proram, which one is recommended?
 

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