Personal Banking

Minors Account

Save for your children today… for a secure future

Current Account

Minors Account

Save for your children today… for a secure future

Service illustration

Overview

Overview

Saving for children is one of the most important decisions that help secure their future needs. Through a minors account at Bin Dowal Bank, you can keep your children's money in a secure savings account managed by the guardian, helping to develop their saving culture in accordance with Islamic Sharia principles.

Why this Service?

Why Choose a Minors Account?

Because planning for children future starts with saving.

Secure children's future through organized saving.
Earn regular returns on the balance saved on a half-yearly basis
Easy savings with small deposits and no upper limit
Save for your child's future with secure, accumulated funds
Manage the account through the guardian.
Compliant with Islamic Sharia.

Features

Minors Account Features

Legal Guardian Supervision

The account is opened and managed by the guardian or legal custodian in accordance with the bank's policy.

Promoting Saving Culture

Helps children develop positive financial habits from an early age.

Safe Account

Helps children develop positive financial habits from an early age.

Children Savings Management

Save small amounts starting from 1000 Yemeni Riyals

Regular Returns

Earn regular returns on the balance saved when it reaches 50,000 YER/100 SAR/100 USD every six months according to bank policy.

Target Audience

Target Audience

Parents wishing to save money for their children.
Legal guardians and custodians.

Requirements

Minors Account Opening Requirements

  • Valid ID of the guardian.
  • Document proving guardianship or kinship (birth certificate/guardianship document).
  • Complete and sign the account opening form.
  • Meet the bank's specific account opening requirements.

How to Subscribe

Open the Account with Clear Family Steps

Start by preparing the minor and guardian documents, then submit the request for review and activation according to conditions.

1

Prepare Minor Documents

Collect the minor’s documents and the guardian or custodian ID.

2

Submit at Branch

Submit the application and review details with the service officer.

3

Activate and Monitor

After approval, the account is activated and deposits or transactions can be monitored.

FAQs

Frequently Asked Questions

Start Saving for Your Children's Future

Open a minors account at Bin Dowal Bank and start building a secure future for your child today.

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