Looking to start a smart financial future for your child without the hassle? KB Kookmin Bank has launched ‘Our Child Fund Creation’, a game-changing service that lets parents open investment accounts for their minor children 100% online, no branch visit needed.
With just a few taps on the KB Star Banking app, parents can now open a fund account directly in their child’s name. Forget the paperwork and endless trips to the bank this service automatically verifies family relationships by securely connecting to the Supreme Court Family Registration System.
Even better, you don’t need a separate deposit or withdrawal account in your child’s name. The fund can be set up easily using the parent’s account for payments, making the entire process fast, seamless, and stress-free.
- Available 24/7, 365 days a year — anytime, anywhere.
- No physical documents required — zero paperwork.
- Instant family verification — powered by secure data scraping.
This innovative service removes all the barriers that once made opening a child’s investment account complicated. It’s designed not just for convenience but also to help parents teach kids about investing and healthy money habits from an early age.
A KB Kookmin Bank spokesperson shared, “We believe this service will play a big role in helping parents educate their children about finances and build strong financial habits. Our mission is to continuously improve and add features that make everyday banking more convenient for families.”
Ready to invest in your child’s future? Open their first fund account today — right from your phone!