NS&I warns children's Premium Bonds payments must come from a child's UK bank account at 16.
NS&I, a UK savings provider, warns that Premium Bonds payments for children aged 16 and older must come from a UK bank account in their name to ensure proper processing. Parents can no longer manage these accounts once their child turns 16. Additionally, a customer received a confusing message about account closure, which NS&I clarified was related to an unclaimed prize from a former holding, not an actual account closure.
September 16, 2024
14 Articles