Shinhan Investment Launches MTS Subscription Service for "Shinhan Premier My Child Monetary Gift Trust"

Shinhan Investment Corp. announced on September 18 that it has launched a subscription service for the "Shinhan Premier My Child Monetary Gift Trust" through the Shinhan SOL Securities application, which helps parents gift money to their children and conveniently manage the gifted assets.

The "Shinhan Premier My Child Monetary Gift Trust" is a product that allows parents to gift money to their children, and it can be easily subscribed to via the mobile app. Once the subscription is complete, the trust assets are transferred to the child's account, and the parent, as the donor, can directly manage the assets by giving investment instructions through the mobile app or the website.

To subscribe, a bank account in the minor child's name must be opened in advance. This account must be opened by one of the parents in the capacity of legal guardian. After opening the account, the parent deposits the gift money into their own account and then completes the subscription process through the "Financial Products > Trust > Subscribe to Trust" menu in the Shinhan SOL Securities app.

Kwon Youngdae, Head of Investment Products at Shinhan Investment Corp., said, "Subscribing to the monetary gift trust through the mobile app has made it easier for parents to gift money to their children," adding, "It is now more convenient to manage gifted assets, as investment instructions can be given via the web and MTS without the need to issue a digital certificate for the child."

This content was produced with the assistance of AI translation services.