School Saver Account. 2.4.1 Participating schools can verify the young members’ identification when opening a School Saver account.
2.4.2 Junior members under the age of 12 must have a nominated parent or guardian who manages the account. Proof of identity & address is required for the nominated parent or guardian (see clause 1.2.3).
2.4.3 There is no minimum savings requirement for school saver accounts.
2.4.4 If the junior member leaves a participating school their school saver account will be converted to a Young Saver account unless the school to which they move has a participating School Saver Club.