You ll earn interest on your savings every month.
Open bank account for child.
You can open a youthsaver account and a smart access account for youth online at the same time.
As a result you ll need to open the account with your name on it as well.
Retrieve your details via myinfo using your singpass id and password for hassle free form filling documents required for account opening.
Open an account with as little as 1 and enjoy instant access.
Available for customers aged 7 to 17 years old.
Some providers only need you to pay in 1 to open an account for your child no monthly fees.
A parent or guardian will normally need to give permission for their child to have a debit card provided they re under 16.
If this is your first account with us select i have none of the above and fill up your account application details.
Documentation for minors child s age details.
And if you re aged 7 10 you ll also receive a free moneybox when you open your account.
Joint account risks.
You agree to comply with all requirements of the utma or ugma law applicable to the account.
Savings accounts opened on or after august 13 2018 we will waive the monthly maintenance fee for six months from account opening.
Looking to open a bank account for a child.
Children under the age of 18 are not legally allowed to sign documents.
The bank shall have no responsibility to ensure you properly.
Child savings accounts help prepare children for.
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Choose an account from the table below and click apply now to apply for a personal joint alternate account.
Keep that in mind before you set your child loose with a large available balance.
Our children s bank account is perfect for 11 15 year olds looking to save.
Setting up the account.
If you ve already got a youthsaver account you can open a smart access account for youth at your nearest branch remember to take your id and your child s birth certificate with you.
A straightforward savings account you can open with as little as 10.
Natwest s child bank account for ages 11 18 offers a visa debit card and has no monthly fee.
Open an account with 1.
Form signed by guardian in person signature must be as per bank s record else original document to proof relationship is required.