FutureSave account - Start saving for their tomorrow!
Start saving for a child close to you!
The Scotwest FutureSave account allows current Scotwest members to set up a savings account for a child up to age 16.
Whether it’s for a son, daughter, grandson, granddaughter, niece, nephew or godchild, with a FutureSave account you can choose to save regularly (from your current payroll deduction or Direct Debit) or simply make deposits as and when you wish.
Acting as account trustee, you control the account and are the authorised signatory.
Having listened to our members, some of whom are looking to save for their child without the child’s knowledge, a recent change sees all account correspondence sent to the Trustee.
This allows the Trustee to choose whether to save without the knowledge of the child or should they wish they can involve the child in saving for their future and work with them to start them along the right path to saving. To aid this the junior member will be able to register for online access to watch their savings grow and to request balance information over the phone.
As an added incentive to save, quarterly interest payments will be made giving them that little bit extra for their money.
FutureSave Terms & Conditions
Download FutureSave application form (1927.9kb)
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