Multi-Factor Children's Savings Account

Take care of your child's future with Multi-factor children's savings account which offers you excellent conditions and is free of maintenance fee.

  • You can open the account in BGN, EUR and USD
  • No maintenance fee

 

 

Characteristics

Interest

The interest is paid on a monthly basis and on the day of closing of the bank account.

Deposit holder

The account holder is a minor up to 18 years.

Depositor

The depositor who opens the account is an adult. There is no requirement for family relation.

Currency

BGN, EUR or USD

Account transactions

The legal representatives can, upon receipt of the regional court's authorisation, dispose of the amount in the account.

Age of majority

When the holder reaches the age of majority the account is retained under the current terms and conditions applicable to this product.

Tariff

Account Opening

Required Documents

  • Birth certificate of the child
  • Identity document of the depositor
  • Application for opening of children's account
  • Contract for opening of Multi-factor children's savings account in a form approved by the bank

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