Children Account
As a parent, We want the best for our kids. We want to do everything possible to set them up for success.
We at Primewave have spoken with many parents and grandparents who have one simple question: How can I invest in my child or grandchild’s future? Knowing the power of compound interest, some couples wrote us that they wanted to kick-start their son’s retirement savings. Others just want to help their kids get a college diploma without taking on any debt.
Those are great concerns to have, so give yourself a high five! Whether “Junior” is still crawling around the living room floor or getting ready to graduate from high school, we got you covered, you can secure and invest in their future. The Primewave Children’s Account is a unique investments account designed to allow parents to invest then save for their children’s future and teach them about savings/investments from a tender age. The account is modeled in two tiers for young children and teens with an overarching objective of making savings fun for them and teaching them financial discipline.
PRIMEWAVE CHILDREN’S ACCOUNT(0-15)
BGC account is modeled in two tiers for young children and teens with an overarching objective of making savings fun for them and teaching them financial discipline.
- An account specifically for children between the ages of 0-15yrs
- Zero account opening balance
- ROI rate at 150% per annum (withdrawal once a year and only if there are emergency needs)
- Minimum Investment of $15,000
PRIMEWAVE CHILDREN’S ACCOUNT FOR TEENS (16 and above)
BGC Teens account is a next-level account for teenagers from 16years and above.
- An account specifically for children between the ages of 16-Above
- Zero account opening balance
- The interest rate at 200%( withdraw twice a year and more only if they are emergency needs)
Requirements
- Account opening form duly completed
- Identification of Child
- Identification of signatories (Driver’s License, International Passport,
- National Identity Card)
- Residence permit (where applicable)
