A completed study with a diploma, is an investment in your child. And this costs money. By starting early, you help secure your child’s future. If your child is in the age category of 0 to 15 years, you can open this special savings account. By regularly depositing an amount into this savings account for your child, you build up a personal study fund for your child’s future. Interest is added to the account annually based on the already saved balance.
Some advantages that the Safe Start Kid Account offers:
- At crown years 5, 10 and 15 years your child receives an extra interest of 5% on the already accrued interest.
- The interest is set at 5% per year.
- Minimum deposit is SRD 100.
To open a savings account for your minor child, you, as the parent with legal custody of the child (mother-guardian / parents with joint custody / parental authority), must visit the bank. To open a Safe Start Kids account, you will need to present the following documents:
- Family book
- Civil Registry (CBB) extracts of the legal representative and the child
- Valid identification (ID card / Driver’s license / Passport) of the legal representative
- An initial deposit of at least SRD 100
For more information, you can visit one of our offices.
