Children's Accounts
Anyone who is already 18 years old, has a residence in the Czech Republic, and a bank account in Czech crowns or euros can open an account.
You can open a children's account for each of your children. There is no fixed limit on the number of children's accounts.
A children's account can be opened by a parent or legal guardian for a child. The child must be under 18 years old. The account is managed by the parent until the child reaches adulthood.
Money can be deposited into a children's account by the parent or legal guardian who manages the account, as well as by other family members or anyone who knows the account payment details.
The fees for a children's account are the same as for a standard account — 1.09% per year of the portfolio value.