HerMes KiddySave is a savings account designed for children up to 18years with no monthly fees but a host of added benefits. It gives trustees the opportunity for parents or guardians to build up funds to support their wards’ life needs. In a situation of death, incapacitation and unemployment of the Trustee, the child/ward of can still acquire some Education or Trade with the savings in the account.

• The account is operated by the parent or guardian (Trustee). However, after the beneficiary attains the age of 18 years, the account shall be transferred into the child’s preferred HerMes account
• Access to Life Insurance Policy to protect the savings (Optional)
• Account Withdrawal:
  • One withdrawal every year.
  • Trustees can withdraw up to 20% of the total account balance every year
• Account can be upgraded to Teen Account when the beneficiary is 13 years
• Competitive and tiered interest is paid based on account balance
• Trustees can use savings in the account to apply for a loan to pay the school fees of the beneficiary (Terms & Conditions Apply)
• Trustees can use savings in the account to apply for a loan to pay the school fees of the beneficiary (Terms & Conditions Apply)

• Children from day one until they are 18 years.

• Birth certificate, identity card, weighing card or baptismal card of the child is accepted.
• One (1) current passport picture of the child.
• 2 (two) current passport-size pictures of the Trustee.
• Identification of Parent or Guardian e.g. Passport, Drivers Licence, NHIS Card, Voters ID Card.
• Two copies of Child’s Passport pictures
• Proof of residential address (Water or Electricity bill in the name of the parent/ guardian or attach a tenancy agreement when the name on the bill is not the same name as the parent/guardian.
• An initial deposit of GHS20.00.
• Minimum account balance is GH¢20.00.
• Minimum monthly deposit of GHS5.00 (Standing Order, preferred).
  • Complete HerMes’s Standing Order Form (Existing Clients) or submit proof of a standing order from a different bank (Non Account Holders).
• Minimum balance to earn interest is GH¢200.00 and above.

• Standing Order is preferred for monthly account funding. However, Cheques and Cash payments are also acceptable.
• Access to yearly e-statements.

• No limit on number of transactions

• No monthly service charge

• Free monthly e-statements

• Competitive and tiered interest is paid based on account balance (minimum balance to earn interest is GHS200.00)

• Free sign on to CalNet, HerMes Online Services (HerMes App & *771#), HerMes E-Alerts.

• Access to E-Zwich Cards

• Students will also have the flexibility of converting the account to a liability product of choice after school

• All Tertiary Students from the age of 18years and above

• Must be enrolled in a tertiary or higher education institution

• Student ID Card or a copy of Student admission letter

• Initial deposit is GHS20.00

• Account can be opened instantly and operated without coming to the banking halls

• Multiple outlets to perform the needed transactions. (Online, HerMes Branches & all Visa and Gh-Link branded ATMs and POS)

• Easy access to funds via HerMes Payment Solutions; HerMes Mobile Banking (HerMes App & *771#), CalNet, Agent Banking, POS and ATM services