Early Savers


Start saving for their tomorrow today
with our Early Savers Account


Early Savers Account

Early Savers is a savings account for children below the age of 18 years including unborn children. This account can be opened by parents in trust for their children in which case the parents are noted as primary account holders with responsibility for jointly running such accounts until their children become adults and can solely operate their own accounts and possibly move to other age appropriate product.
The Early Savers account encourages financial literacy as children grow into responsible adults.

Product Features

  • Minimum opening balance of N1,000
  • Zero minimum daily balance
  • Interest rate of 4.2% p.a.
  • Allow deposits of dividend warrants up to N10,000 (a/c payee only)
  • The account is opened by the parent and held in trust for the child until the child becomes of age to operate the account
  • Allows direct debit instruction


  • Opportunity to exclusively attend the Access Early Savers events.
  • Membership of the Early Savers Financial Literacy Club
  • Unrestricted Access to the Early Savers Microsite via 
  • Free Early Savers Quarterly newsletter.
  • Lodgment of dividend warrants in child’s name is allowed, subject to a maximum of N10, 000.
  • Access to school fees advance (for parents)
  • Ease of saving through standing order instructions
  • Account is online and real time.


  • Duly completed account opening form
  • Means of address verification
  • KYC Documentation of the child and guardian
  • Valid proof of residence
  • Visitation report
  • AML risk assessment of the guardian
  • 1 passport photograph each for parent/guardian and child /ward
  • Parent’s means of identification- Note that a valid means of Identity with same address as quoted in the account opening package will serve both as means of ID and address verification.
  • Birth certificate of the beneficiary(child)/International Passport
  • Parent/ Guardian’s BVN