1. This would be useful for parents who want to set a trust fund for their children. Since the interest earned is higher and the money can be locked in for a long time (up to 7 years), then the investment is worth it.
    It would be a nice way to set up your children’s future. I just wonder – the lock in period is up to 7 years. But can you immediately put this money into another corporate fixed account once the seven year period is up?

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