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home>personal
banking >deposit>fixed deposit
accounts>Tax Free UOB Junior Account
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Tax-Free High-Interest
Rate UOB Junior Fixed accounts - preparing children for the
future
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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;
- Copy of Child’s birth certificate or
- Copy of Student Card and Copy of household registration certificate and
- Copy of guardian ID Card
- Minors of the age of 15 years and above, following document is required;
- Copy of ID Card
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