The Savvy Teens Account

Account Opening Requirements

  1. Parent’s ID.
  2. Parent’s proof of residence.
  3. Child’s birth certificate (or ID for 16 year olds).
  4. Target group 13-17 years
  5. Minimum Balance $100
  6. Monthly maintenance fee $100

Benefits

  1. Earn interest on your account @ 10% per annum
  2. Maximum transactional limit $100,000.00
  3. Account opened in the name of the child and operated by Parent/Guardian. Parent/Guardian may choose to grant the child the authority to operate the account by indemnifying the Bank against any losses resulting from this arrangement.
  4. eAlerts to Parent/Guardian/Child.
  5. EcoCash Banking services.