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Locked savings account dedicated to financing my daughter's education

karl73
in Jobs, Economy, Banking, Business, Investments

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Hello,

I would like to open a remunerated savings account for my 14 years old daughter, who is Thai. The account will be dedicated to financing her future education at the university. Ideally, I’m looking for a locked account with a minimum term of 5 years, during which no withdrawals would be possible from anybody.

Does such an option exist in Thailand? If not, are there any alternative solutions you would recommend?

Thank you in advance for your advice!

    • Thumbs Up 1

    FTD - Fixed Term Deposit account.

     

    All the banks have them.

    • Thumbs Down 1

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