Children’s Saving Account
The Children’s Special Saving Account is a special account opened by parents/guardians for their kids. This account encourages parents to save money with a better interest rate and teach their children to develop saving culture.
Features of Children’s Special Saving Account are:
- The account can only be opened for children under the age of 18;
- It can be opened by parents or guardians;
- Children’s saving account bears a higher interest rate of 7.5% per annum.