Children's Savings Account

As an HSBC Advance customer, you can open an HSBC Advance Children’s Savings Account to help them learn about money management and develop good savings habits. All you have to do is open an account with an initial deposit of LKR10,000 or USD100 (Or equivalent in any other currency). You can also set up a standing instruction to debit your HSBC credit card or account and remit the funds to the nominated Childrens' savings account on a monthly basis.

We know you only have your children’s best interest at heart. When you open an HSBC Advance Children’s Savings Account, you can help secure their future and enjoy all the privileges that come with it, including:

Features and Benefits

• Initial deposit of Rs10K or USD100 (or any currency equivalent)
  
• Birthday suprises
  
• Bonus interest of 25% on the month of the childs birthday
  
• SI from a HSBC Advance credit card, savings or current account could be set up

If your child wishes to travel abroad for educational purposes, we can arrange for the following:

• Free for life HSBC Advance Debit card allowing access to accounts around the world
  
• Free for life supplementary HSBC Advance credit card, that could be used for an emergency
  
• 90% of your fixed deposit can be made available as a secured overdraft
  
• Special study loans