Early Savers Account

Early savers is a savings account designed especially for children below the age of 0-18 years, including unborn children.

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quote-marksEarly savers is a savings account designed especially for children below the age of 0-18 years, including unborn children.

The account is opened and operated by parents (in trust) for their children till they become adults. The best way to encourage healthy financial habits and literacy in your children is to start early. 

This will help them become financially responsible adults.

Product Features

   
Minimum opening balance as low as N1000
    
Interest rate of  8.25%  p.a.
    
Allows standing instruction
    
Allows deposit of dividend warrant
   
Permits 4 withdrawals per month without losing interest.
   
The account is opened by the parent and held in trust for the child, until the child becomes of age to operate the account

Benefits

  • Access to Educational Loan.
  • Membership of the Early Savers Financial Literacy Club.
  • Opportunity to exclusively attend the Access Early Savers events.
  • Invitation to career fairs and events.
  • Lodgment of dividend warrants in child’s name is allowed.

Requirements

  • Duly completed account opening form.
  • Proof of Residence.
  • KYC Documentation of the child and guardian.
  • 1 passport photograph each for parent/guardian and child/ward.
  • Parent’s Valid means of identification (NIN/Voter's Card/International Passport/Driver's Licence).
  • Birth certificate of the beneficiary (child)/International Passport.
  • Parent/Guardian’s BVN.
  • Tax Identification Number  (TIN)

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