Retail/Individual Accounts
MINOR SAVING ACCOUNT
Empower your child’s financial future today!
Benefits:
Our Minor Account is tailored for children up to 14 years old and offers the following benefits:
- Competitive interest rates: Grow your child’s savings with our competitive interest rates.
- Flexible access to funds: Withdraw your money whenever you need it.
- Free online and mobile banking: Manage your account from anywhere, anytime with our online banking feature.
- Parents or guardians can open and operate the account: Open an account for your child and manage it on their behalf.
Requirements:
To open a Minor Account with us, you will need to provide the following documents:
- Valid ID of the parent or guardian.
- Child’s birth certificate.
- 2 passport-sized photos of the child.
- Initial deposit of Birr 100.
How to apply:
You can submit the required documents to any of our branches or apply online. The bank will promptly reach out to you after receiving your application.