SCB Encourages Savings At Young Age

Bandar Seri Begawan - Standard Chartered Bank believes in encouraging customers to save and accumulate wealth at an early age. Hence, the My Dream Account product was launched in November 2005 to help parents instil the good habit of savings in their children. Adults who are young at heart with a soft spot for Disney related products can also opt to open a My Dream Account.

To make the habit of saving money more exciting, Standard Chartered is giving away limited edition coin boxes to all My Dream Account holders who deposit $500.

Customers can opt to choose between a cute green frog and an adorable blue hippo coin box. A maximum of two coin boxes are allowed for each account. The coin box promotion will end April 30, 2008.

In addition to the coin boxes, starting a My Dream Account is easy with a minimal opening deposit of only $50. The account also carries a unique savings passbook which features the Magic Kingdom from Hong Kong Disneyland on its cover and four designs for the passbook pages, from Adventure land, Fantasyland, Main Street USA and Tomorrow land. Customers also get to enjoy free auto funds transfer services, which are part and parcel of having a My Dream Account.

"Saving money is a crucial part of the growing stage for a child to learn about the importance of money. With this product we aim to help parents, children and young adults understand the concept of savings and to facilitate wealth accumulation," stated Wealth Management General Manager, Ms Eng Siok Tin.

"Customers will find this promotion a fun way to encourage savings with their children to make their dreams come true or simply for a rainy day."

To find out more about My Dream Account and the promotion, call Standard Chartered's Phone Banking Centre at 265 8000, visit www.standardchartered.com/bn or drop in to any Standard Chartered Bank branch near you. -- Courtesy of Borneo Bulletin

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