Tots 2 Teenz Account

You can now make their dreams come true.

•  What is the Tots 2 Teenz Account?

•  This is a children's account that encourages a savings culture among children as well as help parents guarantee their children's future.

•  What is the age limit for opening up the Account?

•  Any child below 18years can open the account. The account is operated by the parent/Guardian on behalf of the child.

•  What happens when the child turns 18?

•  He/she will graduate to another Savings account.

•  How will the Child be enabled to save?

•  The child gets a free Money box at account opening and can bank the savings on to the account on the monthly children's banking day.

•  Can I open up a joint account for more than one child?

•  No, each child will have their own account for purposes of independence.

•  What are the Account Benefits?

•  Life Insurance cover for sponsor up to Ugx 25 million.

•  Lucrative interest rate on your savings.

•  Free transactions within allowable limits.

•  Free health checks ups for the child.

•  Access to a countrywide, inter connected Branch network.

•  What do I need to open up the Account?

•  Initial deposit of Ugx 50,000.

•  2 Passport size photographs each for Account sponsor and Child.

•  Copy of Child birth certificate/Immunisation card/Baptism card.

•  Valid identification document for the Account sponsor.