Child’s saving account

Information on our child's saving account offer. A saving account for child up 18 years old.
 
Who is the child's saving account for?
 
The child's saving account can be opened in the name of a child below 14 years of age by his/her parent/guardian and for the age between 14 and 18 both the adolescent and his/her parent/guardian should sign the contract.
 
On exception, the account can be opened by other relatives of the child but they cannot dispose of the account thereupon.
 
What is a child's saving account?
 
A Child's Saving Account gives you the opportunity to save for your children.
  • Interest accrual
 
BGN USD EUR GBP CHF
3.25% 2.00% 2.00% 1.50% 0.20%

The interest rate can be changed by the bank. You can receive information for such changes in our branch network by calling 0800 18 888 or via our Internet site The interest is accrued and paid into your account once a year as of 31 December or upon closing the account.
  • Currency type – BGN, USD, EURO,CHF, GBP
  • Minimum opening amount – 30 BGN or 15 EUR/USD
  • Maintenance fee – free of charge
Child's saving account allows you to:
  • Deposit continuously whatever amounts you would like to the benefit of your child;
  • Use the accumulated resources at any time (if you are parent or a guardian of the child – titular of the account).
 
Main benefits of child's saving account:
  • Preferential interest rate of 3.25 % in BGN or 2 % in EUR and USD;
  • The minimum amount for opening of a child's saving account is only 30 BGN or 15 EUR/USD;
  • You can deposit amounts on the account at any time as Societe Generale Expressbank offers you the following options:
  • Automatic transfer of a specified amount on a fixed date from your current account in the Bank. There are no limits for the monthly installment – you may deposit as much as you like, according to your financial condition. You can also increase or decrease the defined amount when your income has changed.
  • If you are not sure what the amount that you can put aside is, we recommend you to use the option for automatic transfers over a minimum balance. You choose how much of your money to stay on the current account, as the free funds exceeding the desired level will be directly transferred to the child savings account. In both cases the service is completely free of charge.
  • Cash deposits in the offices of the Bank.
 
How to apply for child's saving account?
 
Documents required for opening a child savings deposit - it will be necessary to present the child's birth certificate.
 
Further information can be obtained either from your Account officer or from the toll-free line 0800 18 888, from 8.00 to 20.00 daily, from 9.30 to 14.00 on Saturday.
 


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Saving account
Freedom to save
Deposit Garant
Term deposit with advance interest payment
Deposit Progress
Prigressive increasing interst rate