Save time for your children's future. Open a savings account, on their name, right from birth. Thus, they will have less worries and more possibilities when they grow up.
Savings account for children
easily save for the future of your children
Advantageous savings
in MDL, EUR, USD
Guaranteed security
and immediate availability of funds
Flexibility in management
with deposits and withdrawals allowed
Your advantages
- You can open a savings account right from the birth of your child, on his name
- You can save in MDL or currency (EUR, USD)
- You have a higher interest rate than a current account
- You can increase the saving rate due to the capitalization effect of interest
- You have access to money at any time, without losing the accrued interest, provided that the minimum balance is maintained
- You can deposit money at any time, up to the maximum ceiling: cash at the counter or by transfers from the holder's current account opened at OTP Bank
- Transfer money from your current account for free and in seconds, through OTP Internet and Mobile Banking
- Save automatically by activating scheduled payments (including OTP Internet and Mobile Banking)
- You have ZERO account opening and administration fees
- Keep your savings safe
Savings account
Savings account
Currency
Duration
Amount
Savings account
Interest rate
Period type (days)
Income per period
Total income
Final amount
Representative calculations for the offer deposits, opened through OTP Internet and Mobile Banking. For deposits opened in OTP Bank branches, reduced the interest rate.
Characteristics
- Currency: MDL, EUR, USD
- Minimum amount of constitution / minimum balance: 500 MDL / 50 USD / 30 EUR
- Maximum balance: 1 000,000 MDL / 10,000 USD / 10,000 EUR
- Deadline (maturity): until the holder reaches the age of 18 years
- Possible deposits, up to the maximum balance
- Possible withdrawals, respecting the minimum balance
- Interest: floating, correlated with the level of interest on the market
- Interest payment: monthly, with capitalization
- Calculation of interest: based on the actual balance in the account
- Liquidation: on request, only at the unit where the account was opened
Eligibility criteria
- Resident or non-resident individuals, aged between 0 and 18 years
Required documents
For minor holders, up to 14 years old, the savings account can be opened only by the parent / guardian of the account holder (minor up to 14 years old), based on the following documents:
- The child's birth certificate or identity card (copy and original)
- Identity card of the parent / guardian
- The child's birth certificate (if the account will be opened based on the holder's identity card) or the document confirming guardianship (copy and original).
IMPORTANT: The management of the savings account (including its closure) can be performed only by the parent / guardian of the account holder (minor up to 14 years), who set up the account, based on the birth certificate of the holder or the act confirming guardianship .
For holders up to 14 to 18 years old, the savings account will be opened in the name of the minor beneficiary based on the application submitted by him and based on the statement submitted by the parent / guardian, regarding the permission to open / manage a bank account.
How can you open a savings account?
- Come to any branch with the original documents required
or
- Submit your application online in 5 easy steps:
Step 1: Access the computer
Step 2: Choose the savings account that suits you
Step 3: Fill in the online form with the requested personal data
Step 4: Wait for our advisor's call to clarify some details and set up an appointment
Step 5: Come to the bank, with the necessary documents, to sign the contract
Interest rates on deposits and savings accounts
Other information
Information on the conditions for accepting deposits from individuals
Information on the Deposit Guarantee Fund for Individuals
Deposits of individuals are guaranteed up to the coverage level of 100 000 lei.
Contact us online
Fill in the online contact form and we will contact you as soon as possible
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