With the introduction of the deposit insurance system, keeping savings in banks has become safer than during the formation of a market economy. Therefore, today the tradition of opening a savings account in the name of a child is gradually reviving, so that by the time he comes of age he has a certain amount of capital to start an independent life. You can open a savings account for a child using targeted children's deposits or regular savings programs.
It is necessary
- - passport;
- - birth certificate of the child.
Instructions
Step 1
To get started, study the offers of different banks for storing funds. Use any of the Internet resources that summarize information about banking services, for example, www.banki.ru. You can view the conditions of each of the banks in your city or apply the Search by Deposits service by setting the necessary parameters: amount, maximum storage period, currency, etc.
Step 2
Some banks open targeted children's deposits for a long period, usually up to 5 years, but in some cases it can be up to 18 years. Interest rates on such deposits vary depending on the term. If in your city several banks carry out the storage of "children's" contributions, choose among them the one whose conditions presuppose the possibility of adding money to the deposit during the entire period of its validity, as well as automatic prolongation of the deposit.
Step 3
At the same time, you can open a regular long-term deposit by registering it in the name of your child. But at the same time, take into account several requirements that the conditions for keeping money must meet in order for the deposit to be the most profitable for you:
- regular capitalization of interest, that is, adding them to the principal amount of the deposit;
- the possibility of replenishing the deposit an unlimited number of times and in any amount;
- automatic prolongation for the next period;
- the possibility of early withdrawal of money without loss of accrued interest.
Step 4
Having chosen the optimal type of deposit, contact the bank with a passport and a child's birth certificate. Sign a deposit agreement and make the first installment to your personal account. Do not forget to periodically replenish your account so that by the time the contract is terminated, there is a decent amount on it.
Step 5
Keep in mind that parents (adoptive parents, guardians, trustees) have the right to withdraw money from a deposit account opened in the name of a child before the child reaches the age of 14 with the written consent of the guardianship and guardianship authorities. At the age of 14 to 18, a minor can make expenditure transactions on the deposit himself, but with the written permission of the parents and the guardianship and guardianship authorities, and from the age of 18 - independently and without restrictions.
Step 6
After making a deposit, follow the changes in the bank's interest rate policy on deposits. After the expiration of its validity, study the conditions for storing money in the bank, choose the most profitable and conclude a new deposit agreement.
