The Guaranty Trust Bank Smart Kids Save (SKS) account is available in two categories:

* The SKS Teen account is an additional account opened when the Smart Kid is/becomes 13 years and older.

Available to all children between the ages of 0 to 12 years

An additional account opened when your child is/becomes 13 to 17 years

Features & Benefits

Minimum opening/account balance of N1, 000.00 (One Thousand Naira Only).
Competitive interest rates at 4.2% (the more you save, the more you earn)
Allows lodgments of cheques, drafts and dividends into the account, subject to a maximum of N100,000 per instrument
Periodic lodgements can be made into the account through Standing Order/automated direct debits.
Complimentary invite to SKS Fun events
SKS can be converted into a regular savings or current account, with the young saver as an authorized signatory. This is however only after the Smart kid saver has attained the age of 18
From the age of 13, an SKS Teen account will be opened for the teenager which comes with a Trendy Teen MasterCard (issued upon Parent’s request) so the child can learn to manage money responsibly.

**If you conduct more than 4 debit transactions in any month, you will forfeit the interest benefit on the account for the month.

Documentation

One passport photograph of each signatory and Smart Kid.
Valid ID for each signatory (International Passport, National Driver's license, National ID Card).
Utility bill
Copy of Smart Kid's birth Certificate.
Any other acceptable identification document deemed fit by the bank.