Lommepenge - Danske Bank

Now children of 8-12 get pocket money without parents must first withdraw cash.

Now children can get and spend pocket money without the parents having to go past the ATM first.

"Pocket money" helps teach children about money. It does this by allowing children to get, spend and save money through an app and debit card that their parents control from their own mobile banking.

Children get:
• The "Pocket Money" app.
• A card with balance check and PIN. The card can be used in shops and vending machines.
• Two accounts - one for the card and one for savings.

"Pocket money" is for children between 8 and 12 years.

As a parent, you order “Pocket Money” for your child in Danske Bank's new mobile bank. Here you can also transfer pocket money and keep track of children's accounts. You can choose to be notified when the child uses the card. You can also limit the child's ability to transfer money from the savings to the card. The child cannot even transfer money to other accounts via the app.

Parents get:
• Overview of children's accounts in the mobile bank.
• Account movement messages.
• Ability to restrict child transfers.
• Ability to block the child's card.

You can read more about "Pocket Money" for children at www.danskebank.dk/ Pocket Money