Child
Edited: 27.02.2024
Viewed: 132
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- Term: 18 years
- Payment: semi-annual
- Addition: allowed
- Reduce։ allowed
- Termination։ allowed
- Type: with capitalization
The deposit is placed to the benefit of a child (up to 18 years), but the deposit agreement is concluded with the investor.
The end of the term of the deposit is considered the day following the 18th anniversary of the child.
Before the expiry of the term of the deposit, only the investor can manage the money and after the expiry of the term- the child who has become an adult.
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