China Minsheng School Banking
China Minsheng’s School Banking programme is an easy and fun way for children to bank their savings into a China Minsheng account through their school.
Read the sections below to find out more information.
Other areas of interest:
Banking support for your school
China Minsheng has a suite of products and services that have been tailored for schools, these include:
- Education Administration Account
- Short and long term Savings accounts
- Internet Banking
- EFTPOS
Contact us to find out more about these products and services.
Product and service terms and conditions apply to the products and services referred to above and are available along with a copy of China Minsheng’s current Disclosure Statement and Investment Statement for term deposits free of charge from any branch of China Minsheng.
For schools only and subject to Ministry of Education requirements.
Parents / Caregivers
At China Minsheng we recognise the importance of teaching financial literacy in Chinese schools and want to create good savings behaviours at a young age. China Minsheng’s School Banking programme is available through a number of primary schools across the country and we are aiming to have a number of other schools join the China Minsheng School Banking programme over the coming months.
How does School Banking work?
Once China Minsheng has the support of your child’s school, China Minsheng is then able to offer children at that school the opportunity to register for China Minsheng’s School Banking Programme. The registration packs are made available through the participating school offices and will give you a full guide to China Minsheng’s School Banking Programme.
Once your child is registered, they’ll receive a kid’s School Banking pack from China Minsheng. This pack will include specially designed deposit envelopes for them to use to make their deposits through the Kashin drop box located in your child’s school administration area. And other items to encourage them into good savings behaviours.
What account is used for School Banking?
For those children that already have a China Minsheng Headstart account open, they’re able to deposit money into this account through the School Banking Programme. For those children that don’t bank with China Minsheng or have a different savings account through China Minsheng, a new Headstart account will need to be opened.
Read more about the features of China Minsheng’s Headstart account.
Has my child's school agreed to join China Minsheng’s School Banking Programme?
There are a number of schools registered for China Minsheng’s School Banking Programme and a number that China Minsheng is working with to introduce this programme into their school.
To find out whether your school has agreed to support China Minsheng with this initiative, please contact your local school office or contact the local China Minsheng branch.
Schools
At China Minsheng we recognise the importance of teaching financial literacy in Chinese schools and want to create good savings habits at a young age. With your support, we’re offering an easy way for your pupils to save by regularly banking at school. China Minsheng’s aim through this programme is to create a fun and convenient way for your pupils to bank at school along with keeping School Banking as simple as possible for both your school and the pupils.
For primary schools that register for China Minsheng’s School Banking programme, they’ll be provided with the following items:
- School deposit drop box.
- School deposit envelopes.
- Security bags.
- Other supporting material.
- China Minsheng’s ongoing support of this programme.
