Child Advantage Account

At Imperia Bank, we empower parents and guardians to invest in their children’s education and secure a prosperous future.

Features/Benefits

Low initial deposit.
Minimum monthly contribution of USD 30.00.
Minimum balance of USD 200.00 should be maintained at all times after one (1) year.
One (1) withdrawal is permitted per quarter.
*Any withdrawal that exceeds the permitted one (1) withdrawal per quarter shall attract charges.
*Interest in 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 with be entitled to a Imperia Bank branded Piggy Bank (subject to availability).
Savings Withdrawal Cheque Book available on request.
The account is transferrable upon the parent/guardian’s request when the child attains 18 years of age.
Quarterly statements will be provided upon request.

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 ID of parent/guardian
Submit proof of residence (e.g. utility bill, sketch of the residence, etc.).
Provide a birth certificate of the child.