Children’s Savings Account
Save for the future you dream of for your children with ABC Capital bank's Children’s Savings Account. Comes with attractive interest rates guarantying a secure tomorrow for your children.
- Account can be opened in the minor’s names by the parent/guarduan
- Minimum balance opening balance Ugx 50,000
- Minimum balance UGX 50,000
- Below minimum balance chargeof 2,500
- Pays interest of 3% p.a
- No charge on deposits
- Transactional charge on withdrawals of UGX 1,100 per transaction
- 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
- Valid identity document (Passport/ National Identity Card)
- Passport size photographs