Minors’ Deposit Plan

Purpose
• Savings on minor’s accounts

Deposit Amount
• Minimum Deposit Amount: €20 monthly

Deposit Methods
• Standing order from an account held by an adult, or by a new deposit

Attractive Interest Rate

Opening of the Bank Account without initial bank charges

Scheme conditions
• Birth certificate or identity card of the minor provided by the  parent/custodian of the minor
• Direct debits are monthly, quarterly, semi-annually or yearly
• No cash withdrawal is allowed before the adultness  of the beneficiary

Beneficiaries
• Minors

Benefits

• A “Panda” money-box is offered upon the account opening
• Annual drawings offering gifts