Children’s Savings Account

ABC Capital Bank - Children’s Savings Account

Features:

  • Accounts can be opened in the minor’s names by the parent or guardian
  • Minimum opening balance Ugx 50,000/=
  • Minimum balance Ugx 50,000/=
  • Pays interest of 3% p.a
  • No charge on deposits
  • All EFTs (electronic transfers) for education payments will be done at no cost
  • 3 free banker’s cheques for the purpose of paying school fees for the respective terms
  • No monthly charge
  • Free monthly e-mail statements
  • Free transfers within ABC Capital Bank branches
  • All other services and charges will be as per the bank’s standard tariff rates

Requirements:

  • 2 Passport size photographs
  • Copy of identification document (Passport/ Voter’s Card/ Driving License)
  • Proof of residence (copy of utility bill)

Terms and conditions apply.