1, definitely not calculated by current account, but by lump-sum deposit and withdrawal, and tax must be paid.

2. According to the current regulations of the People's Bank of China,

Savings target: students above grade four (including grade four) in primary school.

When opening an account, the depositor should hold his/her (student's) household registration book or ID card and open a deposit account in the name of the depositor (student).

At maturity, depositors need to withdraw the principal and interest in a lump sum from commercial banks with their passbook and the original admission notice for non-compulsory education or school certificate.

3. The Measures shall be implemented as of June 5438+1 October 1 day, and the actual implementation shall be carried out according to the regulations of June 5438+February1day.

Since September last year, the bank has issued notices, including network publicity, television, magazines and news reports. Of course, many people don't know yet.