Product Name

 Children’s Saving Accounts


  • This type of saving accounts allows parents to save money for their children’s future


  • Get paid a higher interest than another savings as same as the 6-month interest rate that the bank offers in each period
  • Being used as a gurarantee of your financial position
  • The interest can be checked via 

Terms of Service

  • Opening a bank account: 50.000 LAK/ 10 USD/ 500 THB
  • Any parents can open an account for their children, aged less than 13 years old by bringing their household registration book to prove and confirm children’s profiles
  • Parents must open their own savings or current accounts (if don’t have any) as a pair of their children’s account and also for receiving an interest being transferred from their children’s savings
  • Everytime depositing, their parents must bring their children’s passbook to the bank to update the account balance
  • Can deposit regularly without any limitations of deposit transaction and amount.
  • Children’s Saving Account can be used until they are 18 years old while a minimum period of deposits: 5 years.
  • The interest of Children’s Saving Accounts could be changed, according to the last notification from the bank in which the account holder may not be informed in advance
  • The interest will be paid annually by December 31 to their parents’ accounts.    
  • If the children’s saving account does not have any transaction within a year, the account may be closed and funds would be transferred to their parents’ accounts immediately in which the account holder may not be informed in advance   
  • If closing the account before 3 months calculated from the opening date, the interest may not be paid
  • If closing the account after 3 months calculated from the opening date while not up to 5 years, the interest may not be paid, based on each currency deposit and the last notification from the bank at the closing date. At the meantime, the bank may collect back any interest being paid from the account holder.   
  • If closing the account after 5 years calculated from the opening date while before the due date (Children aged 18 years old), the interest should be paid contractually but a charge must be applied due to the account being closed before the due date: 100,000 LAK/ 13 USD/  440THB/Account/time  
  • Opening a bank account: 10,000 LAK/ 2 USD/ 50 THB/Account/time
  • A/C name must be a children’s full name in which their parents will act on their children’s behalf for any transactions in their children’s account
  • The account holder must keep his/her passbook safe, if loss/damage/dirt the holder must inform the bank immediately
  • If issuing a new passbook (loss/damage/dirt), a charge will be applied, according to the current regulations set forth by the bank
  • The passbook is allowed to use only for the account holder, cannot be traded/exchanged