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November 11, 2014 05:30:48 PM
In reply to John, Wilmington
Hi John, thanks for reaching out to us through TD Helps! We're happy to answer any banking questions you have!
We're very glad to hear that you're starting to save for your nieces! We offer a great account for minors called our Young Savers account. Please check out the details of the account here http://bit.ly/1cDNIR3. It offers a great option to start saving for minors, while allowing a Guardian full control over the account. There's no minimum balance to keep and no monthly maintenance fees while still a minor. When your nieces turn 18, the Guardian can simply step into a TD Bank Store and transfer the accounts over into their names so they have full access. Please click here: http://bit.ly/TDStores to find your closest store.
Please keep in mind that you will need to provide a valid form of identification to open the account, such as a State License, State ID or Passport. Acceptable forms of identification for minors include a School ID (preferably with a picture), Passport, US Birth Certificate or Social Security Card. Young Saver accounts.
Hope this helps John! Again, it's great that you're already planning for their future and if you need help, just ask!
Cameron P, Mount Laurel
November 11, 2014 05:32:32 PM