Best Bank forsavings for child

granca

Bronze
Aug 20, 2007
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As I am too old to take out a Life Policy for the benefit of our child I want to create a savings account for our child into which I can pay in every month for her eventual benefit. Which is the best bank for this? Scotiabank?s system whereby I,or my wife, has two accounts. One pays into one and then transfers the money into the other. This seems an awfully cumbersum way of doing thinks particularly as my wife does not like Scotiabank. Some years ago she had a current account withem which she eventually stopped using, when she eventually closed the account to transfer to our joint account she got back considerably less than she had left in there due to their horrendous charges.
Any bright ideas anyone?