When your child is ready for banking services
You can open a PerkAccount and a disposal account as well as apply for a Nordea Debit card and access codes for your child online.
There is no minimum age limit to the services but the parents decide on how old the child must be to be able to use banking services independently. The parents are liable for the use of the services by their underage child.
The guardians decide on the opening of accounts and services for an underage child’s banking together, so the approval of both guardians is needed for the application unless one of the parents has sole custody. The parents decide who has access to the child’s account.
The best time to start saving for a child is today! If you start early and put money aside regularly, large savings may accrue for a child by the time they reach majority. Even small sums could turn into considerable wealth over time, and savers with a long-term saving horizon also benefit from the effect of compound interest.