Remove 2022 Remove Financial Inclusion Remove Freeze Account
article thumbnail

OCBC Bank to Offer Digital Bank Accounts for Children Aged 7-15 from October

Fintech News

The account also includes safety measures, such as the ability to lock funds and freeze accounts if necessary. The bank has seen a growing demand for individual bank accounts among teenagers, with a 25% increase in account openings for those aged 16 and above since 2022.

Accounts 100