Family creative session home music studio

Spaar Miho

Setting a good example is one of the best ways to show love

Talent and dedication are among the most beautiful things a parent can pass on to a child, along with music, culture, and success. Teaching your child to save is another valuable gift. Start early, so they can reap the rewards later, achieve their goals, and reach their targets. Teach your child to save and achieve their goals in life with Spaar Miho

Youth Savings Program

“…with your sights set on the future.”

With a ‘Spaar Mihor’ savings account, CMB offers all kids and youngsters who attend school the opportunity to save in a safe, responsible manner with their sights set on the future.

Regular Deposits
Every month a deposit needs to be made of minimum 2.50 and maximum 250.00 florin on the account. Additionally, once a year it is allowed to make a single deposit of maximum 1,000.00 florin.

Conditions for ‘Spaar Mihor’
The child or youngster is required to be less than 18 years of age or be attending school or a University on a full time basis.

For those that are under the age of 18, the parents or legal guardians are required to fill out a form that is available when applying for the account.

In the event that for one or other reason the 3-year term is interrupted, the bank will comply and pay out the interest accumulated until that point.

Sales & Service
Visit one of our 4 branches or call for an appointment with one of our representatives to answer any questions or apply for your SPAAR MIHOR Youth Savings Program and set your sight on the future.

Features

CapitalizationMonthly DepositAnnual Deposit

Capitalized every 3 months, upon presenting the passbook to be updated at the Bank.

Minimum: AWG. 2.50
Maximum: AWG. 250.00

Maximum: AWG. 1,000.00


With a ‘Spaar Mihor’ savings account, CMB offers all kids and youngsters who attend school the opportunity to save in a safe, responsible manner with their sights set on the future.

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