Child Advantage Account

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Child Advantage Account

This product is designed to help parents and guardians invest in their children’s education and future.

Features

  • Low initial deposit

  • Minimum monthly contribution of GH¢30.00

  • Minimum balance of GH¢200.00 should be maintained at all times after one (1) year

  • One (1) withdrawal permitted per quarter

  • *Any withdrawal that exceeds the permitted one (1) withdrawal per quarter shall attract charges

  • *Interest on the account is tiered

  • Interest is accrued daily and applied at the end of the month

  • Access to our suite of e-banking services

  • Children up to 10 years of age will be entitled to a PBL-branded Piggy Bank (subject to availability)

  • Savings Withdrawal Cheque Book available on request

  • The account is transferable upon the parent/guardian’s request when the child attains 18 years

  • Quarterly statements will be provided upon request.

Sign Up
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DEAR CUSTOMER

Requirements Needed in Opening Account

Kindly do well to have the following requirements:

  • Complete an Account Opening Form
  • Attach passport-sized photographs of both parent/guardian and child. Photographs of the child should be updated every two (2) years. (Parents will receive prompts through our alertWise Notification service to update photographs.)
  • Valid Ghana Card ID of parent/guardian
  • Provide a birth certificate of the child
  • Provide GPS address code
  • Google map extract to confirm the residential address;
  • Original copy of the utility bill (e.g. electricity, water, telephone) not more than 3 months old