OCBC Bank launches OCBC MyOwn Account for children 7-15, allowing digital banking and parental oversight.

OCBC Bank has introduced the OCBC MyOwn Account for children aged 7 to 15, allowing them to manage their own bank accounts digitally via the OCBC Digital app. Parents can oversee transactions and set limits, promoting financial literacy and independence. Launching on October 20, the initiative follows 18 months of research, aiming to enhance access to digital banking for youth while enabling parental control and education on budgeting and safety.

September 04, 2024
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