Hi, my dad opened up a student account for me a few years back and I've been saving up money and depositing it in that account for many years.
What I would like to know is that if my account is a student account and my dad is my supporter (meaning I don't have my own job) so is there a restriction on how much money I can have in my account? What I mean is that is there a limit after which the bank or the government would get involved to deduct tax or ask me from where I got the money or something? Is this bank specific or same for all the banks?
Thanks in advance!