The Melton Mowbray Building Society
Phone: +44 (0)1664 414141
Fax: +44 (0)1664 414040
Email: melton@mmbs.co.uk
Name
0216 savers issue 2
Description
Our 0216 savers issue 2 account allows a parent, grand-parent, guardian or other connected adult to open a savings account and operate it on behalf of the child. This is great way to start savings for a child where he or she is too young to operate the account. The account can be maintained by the account holder on behalf of the child, up to age 16, when the funds will need to be transferred to an alternative savings account.
Conditions
You can open an account with a minimum of £5 and can save up to £50,000 (not including interest). An 0216 Savers is opened and operated on behalf of a child aged between birth and 16 years of age.
Featured
Yes
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