An education‐specific savings account opened in the name of the beneficiary and designed to support education through primary,  secondary school and university years. 

Benefits: 

• Very low minimum opening balance 
•  Convenient way to save small amounts for the child’s education 
• Competitive interest rate

Eligibility: 

• Secondary School Students   High School Students 
•  University Students  
• Students in Tertiary Institutions  Parents with minors who wish to save for their children’s  future/education

Documents    

• Copy of valid NIC 
•  *02 Photos 4X4 format
• Birth certificate Location plan/ utility bill 

 a) Minors   

•  Valid Identification of Parents/Guardian: 
• National Identity Cards 
• International Passport 
• Child’s birth certificate 
•  4 passport size photographs each of Child and Parents 
•  Address Verification 
• Receipt/evidence of utility bill e.g. water, electricity, etc 
•  Alternative of utility bill can be a localization plan 
• Initial deposit of at least XAF 5.000   

b) Students   

•  Copy of valid NIC  
• 02 Photos 4X4 format 
•  Student ID/ any other proof