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Savings Account for Young People
You want to give your child a good start in life. With a savings account for young people you’ll be able to save the capital to give your child a head start.
What You Should Know about the Savings Account for Young People
The savings account for young people can be opened by parents on behalf of a child or by a young person. In the first scenario, the parents retain sole access to the account until the child reaches legal age. However, parents can give power of disposal to their child at any time, as long as he or she is age ten or older.
How You Benefit
- Free account management
- Attractive interest rate
- Simple and convenient asset growth
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