Bado

Chitatoo

14 Aug 202403:22

Summary

TLDRThe script outlines the process for Indonesian parents to open a savings account for their children under 17 years old. It highlights that children can now own bank accounts with parental supervision. The steps include preparing necessary documents like birth certificates and ID cards, depositing an initial amount as per bank requirements, and visiting the bank with parents to fill and sign account opening forms. The script also mentions features of a typical 'Junior Savings' account, such as monthly administrative fees, banking facilities, and minimum balance requirements. Finally, it describes the completion of the process with the issuance of an ATM card.

Takeaways

🏦 Children under 17 years old can open a savings account in a bank, using their parents' identity as guardians.
👶 The ownership of the child's account makes it unnecessary for them to wait until the legal age to save money in the bank.
📚 To open a child's account, prepare copies of required documents such as birth certificate, family card, and parents' ID cards.
💰 Parents need to prepare cash for the initial deposit according to the minimum requirements of each bank's product.
📝 Parents will be asked to fill out and sign a savings account application form at the bank office.
🔢 The bank will provide a form for the opening of the account which includes personal details such as name, phone number, date of birth, home address, school, and parents' names and contact numbers.
🏦 Visit the bank's office with the parents to start the account opening process.
🔄 The bank will explain the features of the 'Junior Savings' account, which is specially designed for children under a certain age.
💼 The bank will provide information on monthly administrative fees, ATM access, internet banking, mobile banking, and minimum balance requirements.
📋 Customers will receive an application form to fill out with personal details and parental consent.
🎟️ Upon completion, the bank will prepare an ATM card or cash point for the child's account.

Q & A

At what age can children open a savings account in a bank according to the script?
-Children under the age of 17 can open a savings account in a bank.
Do underage children need to use their parents' identities for opening a bank account?
-Yes, underage children use their parents' identities as guardians for the bank account.
What is the purpose of opening a savings account for children according to the script?
-The purpose is to allow children to start saving their money in the bank without having to wait until they reach the legal age.
What documents are needed to open a savings account for a child under 17?
-The required documents include a copy of the birth certificate, family card, and the parents' ID cards (KTP).
What is the minimum initial deposit required for opening a child's savings account?
-The minimum initial deposit varies according to the bank's regulations for each product.
What is the role of the parents when opening a savings account for their child?
-Parents are required to fill out and sign the account opening forms at the bank.
What is the process like when parents and children visit the bank to open a savings account?
-Parents and children visit the bank, where parents are asked to fill out forms, and then they wait for their number to be called to proceed with the account opening.
What type of savings account is typically offered for children under 17?
-A special type of account called 'Tabungan Junior' is usually offered for children under 17.
What facilities and services are explained to the child during the account opening process?
-The facilities and services explained include monthly administrative fees, ATM access, internet banking, mobile banking, and the minimum balance requirements.
What form does the customer service provide to the parents for opening the account?
-Customer service provides an application form for opening the account which includes personal details such as name, phone number, date of birth, home address, school, and the parents' names and ID numbers.
What is provided to the child after the account opening process is completed?
-After the process, the child receives an ATM card or a cash withdrawal machine card, indicating that they now have a savings account with the bank.

Outlines

00:00

🏦 Opening a Bank Account for Minors

This paragraph discusses the possibility for children under 17 years old to open a savings account with a bank, using their parents' identities as guardians. It emphasizes that this allows children to start saving without waiting for the legal age. The paragraph outlines the steps to open such an account, including preparing necessary documents like a birth certificate, family card, and parents' ID cards, and the initial deposit according to the bank's minimum requirements. It also mentions that parents will be asked to fill out and sign account opening forms at the bank, and that banks typically offer special 'Junior' accounts for children under 1 year old, which may include features like monthly administrative fees, ATM access, internet and mobile banking, and minimum balance requirements.

Mindmap

Keywords

💡Bank Account

A bank account is a record of a customer's financial transactions with a bank, which holds the customer's deposits and may also enable overdrafts. In the video's context, it is the primary subject, as it discusses how children under 17 can open a savings account using their parents' identities as guardians.

💡Minor

A minor refers to a person who is younger than the age of legal adulthood, typically under 18 years old. In the script, minors are able to open bank accounts with parental supervision, which is a key point in the video's theme of financial inclusion for younger individuals.

💡Guardian

A guardian is a person who has the legal authority and duty to care for and control a child. In the video, the guardian's role is essential as they are required to oversee the bank account of a minor, illustrating the script's focus on the responsibilities involved in helping children manage their finances.

💡Identity Documents

Identity documents are official papers that certify a person's identity, such as a birth certificate or ID card. The script mentions the need for photocopies of identity documents like a birth certificate and family card, which are necessary for the account opening process, emphasizing the importance of verification in banking procedures.

💡Initial Deposit

An initial deposit is the first amount of money placed into a bank account. The script specifies that parents should prepare cash for the initial deposit according to the minimum requirements of the bank, highlighting the financial aspect of opening an account.

💡Bank Branch

A bank branch is a local part of a bank where customers can conduct banking transactions. In the video, the parents and child are directed to visit the bank branch to fill out and sign account opening forms, indicating the physical location where banking services are rendered.

💡Account Opening Form

An account opening form is a document that a customer fills out to create a new bank account. The script describes the process of filling out this form, which includes personal details and is a crucial step in the account creation process.

💡ATM

An ATM, or Automated Teller Machine, is a device that allows customers to perform banking transactions, such as cash withdrawals, without the need for a human teller. The script mentions the setup of an ATM card, which is a key service offered by banks and is part of the account opening benefits.

💡Internet Banking

Internet banking is a service that allows customers to conduct banking activities over the internet. The video script includes internet banking as one of the facilities offered with the account, demonstrating the modern banking options available to customers.

💡Minimum Balance

A minimum balance is the lowest amount of money that a bank requires to be kept in an account to avoid fees. The script refers to the minimum balance for the account, which is an important consideration for account holders to avoid incurring additional costs.

💡Customer Service

Customer service is the provision of assistance to customers by a company's representatives. In the script, customer service is mentioned in the context of setting up an ATM card, showing the support provided by banks to assist customers with their banking needs.

Highlights

Children under 17 can open a savings account with parental identity as guardians.

Ownership of the account belongs to the child, eliminating the need to wait for legal age to save money.

Opening a savings account is a convenient way to manage finances without the hassle of physical transactions.

To open an account, prepare necessary documents such as birth certificate, family card, and parents' ID cards.

Parents must prepare initial deposit cash according to the minimum requirements of each bank's product.

Parents are required to fill and sign the account opening form at the bank's office.

Parents will be asked to provide personal details and child's information on the application form.

The bank offers a special 'Junior Account' for children under 17, with specific features and conditions.

The account may include monthly administrative fees and various banking facilities.

Customers are informed about the features of the Junior Account, such as ATM, internet banking, and mobile banking.

The bank provides a minimum balance requirement for the account to be maintained.

Customers can choose the product they want and receive an application form to fill out.

The application form includes personal details such as name, phone number, date of birth, address, and school name.

The bank prepares an ATM card or cash withdrawal machine for the account holder.

Once the process is completed, the child now has a savings account with the bank.

The bank provides a booklet explaining the account features and benefits.