Newbie Borrowing Points Question

[carlbarry]

I read about this on another thread. In my almost 2 years of studying DVC, I never encountered this before! Thanks in advance for your help.
To keep things simple, let's assume my UY is January. Let's say I want a vacation in 2009, and I borrow points from 2010. Now, in 2010, I have too few points, so I want to borrow from 2011 to add to 2010. Is it true that I can't do this, as you can only put points in or out once for each UY?
If this is true, it throws a MAJOR monkey wrench into my calculations as to how many points I need to buy! However, I can understand how this works tremendously in Disney's favor. It would also mean that if, for example, you have 60 points left due to lending some to the previous year, and you now use 55 points, you LOSE the extra 5 points, as they can't be banked.

 

[LisaS]

You are confusing transferring points with banking/borrowing points. You can only transfer points (in or out) once per UY. A transfer moves points between accounts, either from one DVC member's contract to another DVC member's contract or between two master contracts owned by one member. There is no such restriction for banking and borrowing points within your own contract. You can bank multiple times per UY at any time during the first 8 months of your UY. You cannot bank any points during the last 4 months of your UY. You can borrow points from the following UY multiple times as well.

There is no January UY so let's use February. You book a vacation that falls within your Feb '09 UY. You use all of your Feb '09 points and borrow some points from your Feb '10 UY as well. Months later you want to book another trip that falls within your Feb '10 UY. You don't have enough points left in that UY so you need to borrow from your Feb '11 UY. That is not a problem, you can borrow as few as one point up to your entire annual allotment from your Feb '11 UY. Both banking and borrowing are final transactions and the points remain in the UY into which they were banked/borrowed even if you cancel that trip.

 

[carlbarry]

OK, I think I understand--and boy, is this a relief!
Borrowing and banking from within your account is OK. I was confused with transferring points between different accounts, which is only permitted once per UY.
Thanks!