The UBA kiddies account is a savings account for your kids, the Kiddies account is meant for children between the ages of 0-12 years. But the account will be managed by the parents or guardians on behalf of the child. The kiddies savings account allows the parents to start saving for their children as soon as they are born. And as they grow, teach them about saving their money.
UBA Bank is a financial service company that has over 70 years of experiencing in the banking sector. For over seven decades, UBA Bank has been providing financial services to it customers, governments, institutions and more. UBA also has branches in the United Kingdom, France and USA. UBA Bank has a vision to be the undisputed leading financial services institution in Africa.
In this article, I will tell you some benefits of opening a UBA kiddies account, and how to open a UBA kiddies account, etc. So keep reading on.
Benefits Of Opening UBA Kiddies Account.
Here are some benefits of opening the UBA kiddies account for your child.
- Your child can partake in the scholarship scheme through a raffle draw, if you are able to maintain a minimum of N10,000 in the account for 6 months.
- Each 13th month reward: 10% of the monthly savings plan done over 12 months having maintained a standing minimum of N5,000.
- Annual interest of 5.25% (payable monthly).
Requirements For UBA Kiddies Account.
The following are the requirements for UBA kiddies account.
- Parent’s valid means of ID (Nationa ID, voters card, drivers’ license, international passport).
- 1 passport each of parent and child.
- The child’s birth certificate or international passport.
- Utility bill issued within the last three months.
How To Open UBA Kiddies Account.
- Visit the UBA kiddies account website.
- Choose the type of kiddies account you want to open for your child, and open account.
- Select the country where you are and continue.
- Fill in the required information, like name, email address, etc.
- Then upload the required documents.
And that’s all.
But note that you still have to visit the bank to present some very important documents, so the account can handle some certain amount of money.
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