Children Wealth Management Account

All parents hope to cultivate the children's sense of wealth management. China Bohai Bank's wealth management account for children will not only help parents and children plan savings together but also help children manage their daily expenditures. In addition, the children holding the wealth management account for children are entitled to the preferential services of education, training, catering, and amusing specially provided for them.

Children may carry out daily account transactions via the children's debit card and their parents (or other legal guardians) are responsible for keeping the children's current savings passbook as the basis for jointly managing the wealth management account for children. With the wealth management account for children, children may manage wealth by themselves and the parents may monitor the account.

Target Customers

• Any child under the age of 16 whose father or mother (or any other legal guardian) has opened a personal account with China Bohai Bank.

• An applicant for the wealth management account for children may open the account only when accompanied by his/her father or mother (or any other legal guardian).

Savings Products

-- Children’s current deposit

• It is a convenient and safe deposit account service for children. Children may conduct daily account transactions via the children’s debit card and their parents (or other legal guardians) are responsible for keeping the children’s current savings passbook as the basis for jointly managing the wealth management account for children.

• A passbook is designed specially for children and the account name on the passbook is “name of father/mother (or any other legal guardian)—name of the child”.

• Interest rate: on the basis of the interest rate published by the People's Bank of China.

-- Children’s time deposit of lump-sum deposit and withdrawal

• It is a savings account service from which the children may receive high and stable profits. Children may select a suitable deposit term and deposit their large-amount of money (gift money, for example) that will be idle for a long time so that they can easily earn more yields from the deposit.

• Minimum amount of initial deposit: RMB200

• Deposit term: 3, 6, 12 or 24 months

• Interest rate: on the basis of the interest rate published by the People's Bank ofChina.

-- Children’s scheme of small savings for lump-sum withdrawal

• It is a flexible savings account service from which the children may receive high and stable profits. Children may make a savings plan according to their requirements to deposit their pocket money for future use.

• Minimum amount of initial deposit: RMB50 for each month.

• Deposit term: 12 or 36 months.

• Interest rate: on the basis of the interest rate published by the People's Bank ofChina.

-- Children’s debit card product

• Children are vivacious, lovely, and fantastic. The card is uniquely designed to highlight the children's above characteristics.

• Children may manage the deposit and withdrawal of the pocket money independently so that they will cultivate a savings habit.

• Children’s debit card can be used only by the child and can be taken as his/her symbol of customer.

• There is a limit on the amount of withdrawal for children’s debit card issued for a child under the age of ten.

• Children’s debit card issued for a child under the age of over ten has all functions of an audit’s debit card, but the upper limit of daily withdrawal (or transfer out) from the card is RMB100, and the daily consumption with the card shall not be more than RMB100.

• The children holding the children's debit card are entitled to preferential policies from specially agreed merchants as may be provided to the children in the further.

-- Fees

• No monthly fee for the current account

• No annual fee for the debit card

• Other relevant fees will be charged according to the charging standards of China Bohai Bank for personal basic account and personal debit card.