Give your children the financial freedom to follow their dreams, unshackled from financial restraints. The Young Community Savers Account offers simple and flexible saving options for your young one.
Details
Opening balance of KSh 1,000
Available in KES
Sharia Contract: Mudaraba
Benefits
Earn profits every month on average credit balances above KSh 5,000
3 free banker’s cheques for tuition fees per annum
Free money banks
Access to Mobile and Internet Banking
Zero account maintenance fee
Free semi-annual statements
Free internal transfers within the FCB network
Requirements - For Parent/Guardian
Original Kenyan ID for citizens*
Original valid Passport for foreigners
2 recent passport photographs
Copy of KRA PIN Certificate
Account opening balance
Requirements – For Child
Original and copy of child’s Birth Certificate
Birth Notification (not more than 3 months from the date of birth)
*If you don’t have a Kenyan ID but have a valid Kenyan Passport, you will be referred to the Risk and Compliance Department for approval through the KYC dispensation form giving justified reasons.