Investment and Savings

My First Account

It is never too early to start teaching your children to save. My first account has been designed specifically for minors aged between 1 month and 17 years old.
This is a great way to save towards your children’s education, general well-being or simply provide funds for them when they become adults.


Features

  • It is an interest earning trust account.
  • You can make cash deposits and withdrawals anytime.
  • You can deposit cheques into the account.
  • The account can be funded via transfers or by a standing order from another Societe Generale account.
  • You will be able to make secure withdrawals from the account with personalized savings withdrawal forms.
 
Benefits

  • You will earn interest as you save for the future.
  • You will be able to save money for your child over a long period of time.
  • It is a flexible way to save as you can make withdrawals and deposits whenever you choose.
  • You can use the balance on the account as collateral to get a cash covered loan.
 
Requirements

  • Account must be opened by parents or guardians for their children/wards aged 17 years and below.
  • Minimum opening amount and operating balance is GHS 50.00.
  • 2 passport sized photographs of the child. 2 passport size photos of parent or guardian.
  • Either a birth certificate/ passport/baptismal certificate/childbirth record book for the child.
  • Parent or guardian must provide utility bill, national ID (Voter ID, driver’s license, Passport, NHIS).
 
Find out more about My first account today. Simply step into any branch or call 0302 214 314 now!