Provincial Child Advantage Account
This product is designed to help parents and guardians invest in their children’s education and future.
Features
- Low initial deposit
- Minimum monthly contribution of GH¢30.00
- Minimum balance of GH¢200.00 should be maintained at all times after one (1) year
- One (1) withdrawal permitted per quarter
- *Any withdrawal that exceeds the permitted one (1) withdrawal per quarter shall attract charges
- *Interest on the account is tiered
- Interest is accrued daily and applied at the end of the month
- Access to our suite of e-banking services
- Children up to 10 years of age will be entitled to a PBL-branded Piggy Bank (subject to availability)
- Savings Withdrawal Cheque Book available on request
- The account is transferable upon the parent/guardian’s request when the child attains 18 years
- Quarterly statements will be provided upon request.
Dear Customer
Requirements Needed in Opening Account
Kindly do well to have the following requirements:
- Complete an Account Opening Form
- Attach passport-sized photographs of both parent/guardian and child. Photographs of the child should be updated every two (2) years. (Parents will receive prompts through our alertWise Notification service to update photographs.)
- Valid Ghana Card ID of parent/guardian
- Provide a birth certificate of the child
- Provide GPS address code
- Google map extract to confirm the residential address;
- Original copy of the utility bill (e.g. electricity, water, telephone) not more than 3 months old