Early Savers Account

This is a savings account that encourages parents and family members to put money aside for their children’s future. This will also inculcate in the children a culture of saving.

Product Features & Benefit
Minimum daily balance of RWF 1,000
Access account details and transactions via  Internet and Alert facilities
Allows direct debit instructions
Availability of account gift vouchers
Easy to open and operate.
Opportunity to build up resources to take care of a child’s education.
Debit card with accessibility to ATMs and POS
Competitive interest rate
Quarterly Compounded interest
Available in local as well as major foreign currencies
Membership in the Teta Kids’ Club
Allows standing orders

Account Opening Requirement

  • A valid means of National ID or International Passport (for foreigners)
  • Means of Address verification
  • 1 passport photograph
  • Residence permit (where applicable)

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