Child deposit info:
- The Child Deposit can only be opened by the child's legal representative.
- You can make payments to the Child Deposit in any amount and at any time.
- The deposit matures on the child's 18th birthday. Thus, a term of up to 18 years can be established on the deposit.
Interest
- 1,2% in Euros
- The interest rate is calculated on the daily balance of deposit.
- The bank pays interest to the deposit account twice a year (on June 30 and December 31) as well as on the deposit maturity date. Thus, the interest paid to the account will also start earning interest.
Tip!
All monthly child benefits can be direct-deposited in the child deposit, along with birthday presents from grandparents and various cash prizes for graduation and scholastic achievements
|
How to conclude the contract?
|
|
