CRDB Bank-How to Open Teen Account, Jinsi ya Kufungua CRDB Teen Account
Teach the Teen Responsibility.
This account is for parents/guardians who want to instill the wisdom of good money management habits in their teenaged children through set allowances etc.
At your discretion as the parent/guardian, you can offer a debit card (Young Money TemboCard Visa) to your teenagers , which they can use through ATM, POS or CRDB wakala. You will be informed of each transaction through SMS.
Teen Account is made with teenagers in mind, to help them learn to be responsible with their money.
Features of our CRDB Teen Account
1. The account is opened by a parent/guardian and operated by the child under their parent’s or guardian’s supervision
2. Can be opened and operated in either TZS or USD
3. Your account earns interest on deposits
4. Only one account is allowed per child.
5. No monthly fee
6. The parent is eligible to debit card (TemboCard VISA/Mastercard)
7. For teens who are 13-17 years old
Jinsi ya Kufungua CRDB Teen Account
Reasons to Open CRDB Teen Account
1. Teenager is allowed to use Tembo Card so as to build financial responsibility early
2. Parent/Guardian retains the mandate on the account
3. Parent/Guardian receives notification whenever the debit card is used
4. No monthly maintenance fees
Eligibility & Requirements CRDB Teen Account
To open an account:
1. Account must be for children between 13- 17 years
2. Must have the child’s birth certificate
3. Must have 4 passport size photographs, 2 of the parent/guardian and 2 of the teenager
4. Parent/Guardian must have a valid ID (NIDA ID, Voters ID, Passport, Driver’s license, Zanzibar ID)
