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Tax Free UOB Junior Account

Tax-Free High-Interest Rate UOB Junior Fixed accounts - preparing children for the future

Features
Criteria
Privilege
Applicant Requirements
Supporting documents

Features
  • These special fixed accounts are for children aged one day to 18 years old.
  • Depositors must make deposits continuously for 24 months.
  • At 24 month maturity, depositors receive withholding-tax exempt higher-interest rates.
Criteria
  • Minimum initial deposit of THB 1,000 up to maximum of THB 25,000 per account
  • Minors of the age between 1 day and 18 years old are eligible to open an account. One account per individual. 
  • In case of minor children of age below 15 years, one of the parents is required to open an account under “For” or “By” account type.
  • Minors of the age of 15 years and above are eligible to open their own account
Privilege
  • Free transfers from UOB accounts. (UOB savings account to Tax Free UOB Junior accounts only)
Applicant Requirements
  • Children from the age of one day to 18 years old only
Supporting documents
  • Parent (s) opening an account for minors of age below 15 years, following documents are required;
    1. Copy of Child’s birth certificate or
    2. Copy of Student Card and Copy of household registration certificate and
    3. Copy of guardian ID Card
  • Minors of the age of 15 years and above, following document is required;
    1. Copy of ID Card


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