Finance
K Bank launches \'My Kids\' account and savings offering up to 8.5 percent annual rate
K Bank said on Wednesday it launched the \'My Kids\' account and \'My Kids\' savings product. The account is for children aged 0 to under 14 and can be opened remotely by a parent who is a legal representative, with family relations verified through scraping. Parents can monitor and manage the child’s account in real time and set transfer limits. The savings product offers terms of 1 to 5 years and rates up to 7.5 percent, with promotional events running until June 5.