We have designed the Kids Saving Account “Kanzy” to encourage your children to save money, guarantee a decent life for them and cover their future expenses, in addition to a number of other benefits.
Kids Savings Account (Kanzy)
Kanzy Savings Account Features
Monthly prize: 5 winners of 500 JODs for each
Quarterly prize: one winner of 5,000 JODs
Semiannual prize: one winner of 9,999 JODs
Savings in Dinar
Free monthly transfers from parent’s account to child’s
To know more about net Annual Profit Rates & Mudarib Ratios
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Manage your account with ease around the clock
ATM Card
SMS Messages
Safwa Mobile
Safwa Online
Terms and Conditions
- Maximum age: 18 years.
- Free withdrawals and deposits are allowed at any time, provided that withdrawals do not exceed four (4) per month.
- Periodic returns are added to the savings account.
- Exceeding four (4) withdrawals in a month disqualifies the account from earning returns for that month.
- Minimum opening balance: 100 Jordanian dinars (or equivalent in foreign currencies). Accounts with a balance below 100 dinars are subject to a 1-dinar low balance fee per month.
- Accounts become dormant after two years of inactivity (no withdrawals or deposits). A dormant account incurs a 2-dinar monthly fee, with a maximum of 6 dinars across all accounts.
- No checkbook is issued.
Required Documents
- A valid identification document (civil status ID, passport, military ID/appointment certificate, Gazan ID, non-Jordanian children of Jordanian mothers ID, service card for the Syrian community).
- A document proving residency and a work permit (for non-Jordanians).
- A proof of address (a copy of the lease contract or public utility bills or apartment title deed).
- A proof of employer (salary certificate or employee card).
- A birth certificate or identification document for a minor
*Subject to Bank Terms and Conditions
