Brainy Child Account

• This product targets parents and guardians of all children across the country.


• Encourage parents /guardians to save up towards future expenses of their children

Eligibility Requirements

• Age of Saver is from 1 day to 18 years.


• Trusted adult must meet KYC requirements

Key Account Features – Brainy Child

• Account to be operated as a trust account on behalf of the child by the guardian or parent


• Initial account opening amount of GH¢50


• Monthly Deposit/Standing Order of not less than GH¢50 must be set on account


• Daily, weekly deposits allowed


• Minimum account operating balance shall not be less than GH¢50


• One withdrawal in a quarter is allowed on the account


• Any further withdrawals within a quarter shall attract a forfeiture of interest for the quarter.


• No ATM card to be issued on this account


• Interest: Tiered rating scale Maximum of 8% (Credited quarterly)

Product Benefits – Brainy Child

• Free quarterly statements


• Free and instant access to Republic Fastnet (for viewing only)


• Free Bank draft to pay school fees.


• Free standing Orders from any Republic account to your Brainy Child account


• Free attendance for child at any Republic sponsored / partnered children’s’ program.


• Attractions like occasional book presentations, book clubs, excursions and get- togethers


• Instant Gift for the child when account is opened and funded


• Account balance can be used as a collateral for an overdraft/loan to pay child’s school fees

TIERED INTEREST RATE- BRAINY CHILD

Tiered Interest Rate, maximum of 8% p.a