SASA - Children Savings Account
This is a savings account designed for children to teach them to not only save but also learn financial responsibility.
Free cash transfer within our Gulf African Bank Branches
One free withdrawal per quarter
One free banker’s cheque for school fees quarterly.
Free incoming standing orders
Monthly fee of Kshs. 100 charged if withdrawal limit exceeded.
At the Age of 18yrs child is automatically migrated to the Taleb Account.
Free coin bank with every account opened.
Discounted rates at selected partner outlets.
SASA account ID card for use at select discount outlets.
Annual Fun Day
Profit paid if balance is maintained above Kshs. 10,000
REQUIREMENTS FOR ACCOUNT OPENING:
Minimum opening and operating balance of Kshs. 1000
2 passport size photographs of guardian
Copy of National ID/Passport of guardian
Copy of Birth Certificate of child.
Introduction letter/Copy of latest utility bill
Education Savings Calculator