Kids account is a savings account designed for kids between ages 0 to 13.

The Kids account encourages healthy savings habits at an early age and money management. The account is a naira denominated account.

Why choose the Kids Account?

  • Opening balance is ₦5,000
  • A non-clearing cheque-type withdrawal booklet used for withdrawal by account holder only.
  • Minimum operating balance of ₦2,000
  • Free E-mail transaction notifications
  • Free monthly electronic statements
  • Hard copy monthly statements printed at customer's request @ ₦100/page

Who is the Kids Account targeted at?

  • The primary target are kids between ages of 0-13
  • Secondary target market are the parents/guardians and schools.

What do I require to open Kids Account?

In order to open a Kids Account, customers must provide the following:

  • Completed account opening form
  • 1 passport photograph of parent/guardian
  • 1 passport photograph of the child
  • International passport or Driver's License or National ID card or Voters Card, or Student ID card or Association ID card or Town Union ID card or Residential Estate ID card or Resident Permit (for immigrants) must be provided by the parent/guardian.
  • Birth certificate of the child.
  • Address verification e.g. Utility bill, recent bank statement or local authority tax bill etc.

 

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FCMB is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Receiving Banker, FMDQ Dealer, Derivatives Clearing member and Custodian.