Kiddies Savings
Account
Give your child the gift of financial discipline. Open a Kiddies Savings Account and start building a secure financial future for your child from day one.
NDIC Insured
Parental Control
Earns Interest
Min. Balance
₦500
to open
Insurance
₦5M
NDIC cover
Age Limit
Under 18
years
Account Benefits
Build your child's financial future with a safe, interest-earning savings account.
Earn Interest
Your child's savings earn competitive interest rates, growing their money from an early age.
NDIC Insured
Deposits are fully insured by the Nigeria Deposit Insurance Corporation up to ₦5 million.
Parental Control
Parents or guardians maintain full control of the account until the child comes of age.
Savings Goals
Set savings targets for school fees, birthdays, or future milestones and track progress easily.
Real-Time Alerts
Receive instant notifications for every transaction to stay on top of your child's savings.
Easy to Open
Simple account opening process with minimal documentation required.
Open in 3 Simple Steps
Opening a Kiddies Savings Account is quick and straightforward.
Visit a Branch
Walk into any Regent MFB branch with the required documents for the parent/guardian and child.
Submit Documents
Provide valid ID for the parent/guardian, the child's birth certificate, and a passport photograph.
Make First Deposit
Deposit a minimum of ₦500 to activate the account and start your child's savings journey.
What You Need
Parent/Guardian Valid ID
Driver's License, International Passport, Voter's Card, or National ID/NIN Slip of the parent or guardian.
Child's Birth Certificate
Original or certified copy of the child's birth certificate.
Passport Photographs
Recent passport photographs of both the child and the parent/guardian.
BVN of Parent/Guardian
The Bank Verification Number (BVN) of the parent or guardian is required.
Proof of Residence
Utility bill not older than 3 months showing the parent/guardian's current address.
Initial Deposit
A minimum opening deposit of ₦500 to activate the account.