This product is designed to help parents and guardians plan the financial life of their wards. This account would be held in trust until the child is 18 years.
  • Interest bearing account
  • Account is operated by registered Guardian
  • No withdrawal by the minor is allowed
  • Withdrawals are allowed only once in a quarter.
  • Interest is calculated daily and applied monthly
  • Insuarance embedded
  • The minimum age should be 18 years and below
  • Minimum operating balance should be GH¢50.00

The Benefits

The benefits include the following:
  • Children under 18 years of age can own account
  • You earn high interest on your savings
  • Highly competitive interest rate
  • Deposit can be made via standing order or Direct debit based on Guardian’s instruction.
  • You can have access to your account once every quarter
  • Free Quarterly statements via email.
  • You don’t need to wait till the end of the year before you access your interest
  • Secure your child’s future and inculcate savings habit.

How to Apply

You will need to gather the following requirements before you can apply:
  • Complete an Amerb Child Save Account and signature card.
  • Birth certificate of child
  • Provide two (2) recent passport picture of parent and child
  • One valid natioanl ID card (NHIS, Voters, Drivers license, Passport) of parent
  • Fully completed Child Save Account Application Form