How to open a zenith bank account for my Child/kid (ZECA)?
Read all about how to open a Zenith bank account for your child.
These days, opening a bank account for your child is no longer optional, it is now a necessity, as it offers so many advantages for your child’s financial future.
There are a number of reasons why you may want to open a bank account for your child, like putting money away for university education, setting them up for future endeavors, imbibing a saving culture in them and so many more.
Whatever the reason is, you cannot really go wrong with opening a bank account for your child.
In this post, I am going to be writing about all you will need to know about how to open a zenith bank account for a child or kid.
Remember to leave us a comment after you finish reading and also share with your friends on social media.
Let’s get into it then…
Read my post on the best banks to open a children’s bank account
About Zenith bank children’s account?
The Zenith Bank Children’s Account is a unique savings account designed to allow parents save (in Naira or US Dollars) for their children’s future and teach them about savings from a tender age. The account is modeled in for young children with an overarching objective of making savings fun for them and teaching them financial discipline.
ZECA account is modelled for young children and teens with an overarching objective of making savings fun for them and teaching them financial discipline.
Requirements to open Zenith bank children’s account?
The following are the requirements to open a zenith bank children’s account:
- Account opening form duly completed
- One recent clear passport photograph of Guardian/Parent and child
- Birth Certificate of Child
- Identification of signatories (Driver’s License, International Passport,
National Identity Card or Voter’s Card)
- Residence permit (where applicable)
- Public Utility Receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent receipt, telephone bill)
ZECA Save is a Zenith Children’s Account variant designed to enable parents with inadequate documentation open an account and save for their children’s future.
Requirements to open a ZECA Save account?
To open a ZECA Save account for a child, parents need only present;
- The child’s birth certificate.
- The child’s passport photograph.
- A passport photograph of one or both parents.
Features of ZECA Save account
- Designed for children between the age of 0 -15 years.
- Zero account opening balance requirement.
- Competitive Interest rate on account balances.
- Maximum account balance limit of N300,000.
- Single Deposit Limit of N50,000
How to open a ZECA account?
To open a ZECA account, you will need to fill the account opening form, which you can get from the zenith bank website https://www.zenithbank.com/media/1719/zeca_acccount_opening_form.pdf/
Fill the form and submit it to the nearest Zenith bank branch alongside the required documents. You can also get the form from the bank.
About Zenith bank?
Zenith Bank Plc was founded in May 1990 and began operations as a commercial bank in July of the same year. Following a highly successful Initial Public Offering, the Bank became a public limited company on June 17, 2004, and was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004. (IPO).
Zenith Bank Plc has around one million shareholders and is Nigeria’s largest bank by tier-1 capital. The Bank listed $850 million worth of its shares on the London Stock Exchange in 2013, at a price of $6.80 per share (LSE).
Zenith Bank Plc, headquartered in Lagos, Nigeria, has approximately 500 branches and business offices in important commercial centers around the country, including the Federal Capital Territory (FCT).
Read my post on Zenith bank virtual card
I hope that with the above, I have helped you in opening a Zenith bank Children’s account. If you require further help, then don’t hesitate to leave us a comment or visit our contact us page and send us an email.
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