Start your children on the road to financial success
EnbutKids Save account is designed to enable parents/guardians save for their children under 18 years of age, whilst also developing a savings culture in them.
— a bud that blossoms and radiates the beauty of a flower. The innocence of childhood transcends all the joys of time.
ENBUT KIDS SAVING
Preparing youth to succeed in rapidly changing economies.
SIMPLY & CONVIENECE
This account encourages parents to save money with a better interest rate and teaches their children to develop a saving culture.
A high Annual Percentage Yield up-to 7.5% (APY) to help their money grow. the more you save, the more you earn.
The Account can be converted into a regular savings or current account, with the young saver as an authorized signatory. This is however only after the Enbut kids saver has attained the age of 18
From the age of 13, Youth account will be opened for the teenager which comes with a Trendy Teen ATMCard (issued upon Parent’s request) so the child can learn to manage money responsibly.es.
Link your bank account (Capital One or another bank) to your child’s bank account.
Create multiple Kids Savings Accounts for each of your child’s financial goals.The account also features Automatic savings (Send their allowance on schedule and make regular deposits)
Download any of the forms below, fill and email a copy of the completed form to apply@abaybanksc.com
or Drop at any AbayBank branch closest to you.
Birth certificate or undertaking of the parent (guardian),
Two passport size recent photographs of both the child and parent or guardian.
A ruling by a court order appointing the lawful guardian for the minor (if there is a court ruling)
Minimum opening/account balance of 25ETB (Twenty five Birr).
Kids Savings Accounts are fee-free and don’t require a minimum balance.
Send their allowance on schedule and make regular deposits.
Create multiple Kids Savings Accounts for each of your child’s financial goals.
Find the right financing for your business. apply@abaybanksc.com.com
Recommended for your
We place great importance on fostering the growth of our business, as well as our personal and professional development, recognizing these as critical elements in our pursuit of greatness.
