It will depend on your bank's policy (local or int'l). Some banks would not cost you to open up a kids savings account, some may do. Some also allows you to open one as an add-on benefit to your main savings account.
There's a resource link of a sample kids savings account below courtesy of Heritage Bank based in Queensland Australia.
The easiest way to contribute to your savings account is to have an automatic transfer set up depositing funds from your checking account to your savings account weekly or monthly. Also you can determine a percentage that you faithfully set aside out of every paycheck.
To set up a savings account without a parent it is typically preferred that one be 18 or over to do so online. Many banks, however, prefer their cliants to set up an account in person.
You can set up an offshore savings account by getting a reference from your current bank. You also need to be able to answer questions about how you are going to use the money and why you want an offshore account.
To set up a savings account a person needs to decide what bank they want to have the account set up at. Once the person knows which bank they want to use they must then go to that bank.
A Health Savings Account, or HSA can be set up by contacting the HSA department of your banking instituion or by visiting their HSA website. Applications can be printed to return, and in some cases, can be filled out online.
Many banks have tools on their websites to assist a person with setting up an online savings account. It is necessary to have an account already established with the bank in question, however.
To set up direct deposits into your checking or savings account with Bank of America, you will need your Bank of America account number, the routing numbers for the branch you use, and your employer's address.
You should start saving for you child's college savings account as soon as possible. A really good college savings plan is the 529 plan. With this plan you can set aside money for your child's college education and it will continue to grow tax free.
Ing Orange specializes in business savings account in just as many ways as the original Orange savings account does. The major difference in the Ing Orange account is that they allow the business to open the account and set up for employee access.
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visit GMAC financial services at www.gmacfs.com and set up an account to pay online from a checking or savings account.
There are 3 kinds: Regions LifeGreen Savings, Regions Savings, and Savings for Minors. For people under 18, you just need $5. For older people, you need $50.