YOUNG
MONEY TEENS ACCOUNT
Specific for teenagers age13-17
years old
AIM
Ø
To
help teenagers to become responsible with their money
Ø
Young
given young money TemboCard Visa
YOUNG BENEFITS WITH
Ø
Make
purchases in shops and online
Ø
Make
Payments transfers check balance with simbanking app
Ø
No
withdraws restriction
Ø
Can
be opened and operated in either Tzs or USD
REASONS FOR MONEY YOUNG TEEN ACCOUNT
Ø
Affordable minimum operating balance
Ø
No monthly fee
Ø
Inculcates saving habits to child
Ø
School fees loan accessed through credit cards
Ø
Parents guardian gets debit alerts
OPEN ACCOUNTING REQUIREMENTS
Ø A parent
or guardian must be when you open your account
Ø For more
service need to bring
Ø A proof ID(such as passport or birth certificates)
Ø Your two passport size photographs
Ø Proof of
your parent/guardian identity and introduction letter
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