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Young Savers Account - Child Benifit

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  • 03-09-2018 1:38pm
    #1
    johnjohn3423
    Registered Users Posts: 120 ✭✭


    In the terms and conditions for the Young Savers Account it says that you can only pay personal money into the account. I take it by this that Child Benifit cant be paid directly into a Young Savers Account. Is this the case?


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    #2
    Bank of Ireland: Darren
    Closed Accounts Posts: 991 ✭✭✭Bank of Ireland: Darren


    johnjohn3423 wrote: »
    In the terms and conditions for the Young Savers Account it says that you can only pay personal money into the account. I take it by this that Child Benifit cant be paid directly into a Young Savers Account. Is this the case?

    Hi there,
    Thanks for getting in touch with us here.
    This would be correct a payment like this would have to be made into a current account. If you can however make manual lodgements into this account in a branch of Bank of Ireland if you would then like to transfer this or any other funds in to this account.

    Thanks again,
    Darren.


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