Children are encouraged to save through their own bank account. The Commonwealth Bank provides a collection service with a school bank book. Students can earn prizes the more deposits they make (based on quantity of deposits, not amount of money deposited). Bank collection day is THURSDAY. Students need to bring their bank books to school on Thursday and put them in their class tubs.
Further information can be found on the Commonwealth Bank School Banking website: https://www.commbank.com.au/personal/kids/school-banking.html