Details for Account Opening      

   ■ Applicants should be under 16 years of age;

   ■ The account belongs to the applicant,but must be operated and managed through the applicant's parent or legal guardian. The account may not be operated directly by the applicant;

   ■ When the applicant reaches 18 years of age,the account should be closed by presenting the applicant's valid ID document in person at any branch of BEA China.

Directions for Account Opening

■ The account must be opened by the applicant's parent or legal guardian;

■ The following documents are required:

   -  Valid ID of the parent or legal guardian. For parents or legal guardians who are not citizens of Mainland China, proof of address is also required;

   -  Valid ID of the applicant;

   -  Certification indicating the relationship between the parent or legal guardian and the applicant (e.g. birth certificate).

Savings Account

      ■  Both RMB and Foreign Currency accounts are available;

      ■  Minimum amount: RMB1 or Foreign Currency equivalent to USD200;

      ■  A Kid Master Savings Account will help your kids learn key financial concepts and develop a keen interest in financial planning.

“Treasure Chest” Fixed Deposit Account

      ■  Deposit receipts with a cool cartoon design;

      ■  Fascinating stories and idioms to make learning finance fun;

      ■  A variety of currencies and terms are available. Minimum amount: RMB50 or Foreign Currency equivalent to USD2,000;

      ■  Receive a fantastic welcome gift: a beautiful envelope which doubles as a pencil box;

      ■  As a special gift to celebrate birthdays, starting a new year of school,etc.

Kid Master Internet Banking

      ■ All your child's account can be linked to your account through Kid Master Internet Banking;

      ■  Check the Kid Master Account balance and details through Kid Master Internet Banking at any time;

      ■  Set up regular automatic transfers of "pocket money" from your account to your child's account;

      ■  Set a minimum balance for the Kid Master savings account. When the account balance drops below the minimum balance, the required amount will be automatically transferred from your account;

      ■  Set up the automatic transfer of a fixed amount from a savings account to a time deposit account to make your child's saving more efficient and establish a growth plan;

      ■  Set up SMS Alert and receive a message on your mobile phone whenever there is a change in your child's account balance.

Kid Master Club is a special wealth management club for kids below 16 years of age. A wide range of “kids” products and exclusive preferential services will help your children learn financial knowledge and welcome a bright future.

Kid Master Wealth Management

· Funds may be transferred from the accounts of the parent or legal guardian;

· A rich variety of wealth management products and professional wealth management planning will help your children accumulate wealth from a small initial deposit;

· Assistance for management of pocket-money and New Year’s gift money will help children develop good saving habits;

· Take a family wealth fitness test and professional advice.

Kid Master Insurance

· Our insurance products tailor-made for kids will help your children enjoy exceptional protection during their growth.

Kid Master Future Planning

· We provide consultants to assist you in planning for studying abroad and helping those students planning to study in Hong Kong’s universities to open i-Accounts with BEA in Hong Kong;

· Summer and winter camps at renowned universities and colleges;

· Internship opportunities in BEA branches for students studying in renowned universities in Mainland China or abroad.

Kid Master Shopping

· Send shopping cards for designated electronic merchants to your children through BEA China Cyberbanking and help them enjoy the convenience of life with technology;

· Enjoy special benefits from our preferential merchants and take part in exclusive activities.

Kid Master Charity

· Donate money with your children to your favourite charities through BEA China Cyberbanking.

Kid Master Club Special Activities

· Receive a cool account opening gift and open the doors to wealth;

· Kid’s fencing activity to let your children experience the nobility and honour of the Olympic spirit;

· On designated dates, BEA China branches welcome children and their parents or guardians to enjoy a wealth management experience;

· We work to build a platform for communicating and educating between parents and children through a variety of activities such as lectures, competitions, games and more.

BEA China reserves the right to final interpretation of the information listed on this page.