I should like to set up some sort of savings scheme for my grandsons, aged 7 and 5, who are Australian citizens by birth.
Ideally, it would be in their joint names and held by us in the UK, added to as and when and -clearly- in sterling.
I'm thinking along the lines of the old P.O. savings books that my mother used to keep for us and top up when she had a little to spare?
Please do any Grans have any suggestions or tips - complete with drawbacks if appropriate?
Many thanks.
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