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Bole, Africa Avenue Addis Ababa Ethiopia
Ph: + 251 115 572 002
P.O.Box: 27530/1000 Addis Ababa,Ethiopia
Fax: + 251 115 572 002

Handhura Children’s

Wadhi’ah Special Saving Accounts

The Handhura Children’s Wadi’ah Saving Account is designed to enable parents/guardians save for their children under 18 years of age, whilst also developing a savings culture in them on top of teaching children the value of savings early can help them develop SMART financial habits for life.

Handhura Children’s Wadi’ah Saving Account is
available in two categories:
  • Handhura (0 – 10 years)
  • Handhura (11 to under 18 years)

What’s in it for you?
  • The account can be opened with zero balance as long as the customer agrees to make deposit within a month since the opening date;
  • Withdrawal at any time and any amount is allowed;
  • Payment is enabled to the junior when he/she attains the age of youth i.e. the account will be changed to normal saving when the age of the minor reaches 18 years;

After age of 18 years, the minor has the right to operate the account without the guidance of his/her guardian.

  • The parent or guardian shall present documents such as birth certificate of the minor, 2 passport size photos of the child and letter of appointment by court, in the case of a guardian.
  • Copies of acceptable means of identification of the parent or the guardian (Driver’s License, passport, I.D Card, and any other acceptable identification document deemed fit by the Bank)

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