Your kids are your future, invest in their future now.

The Rainbow account is a savings account explicitly for kids between the ages of 0-18 years old. This account is targeted at nurturing your children to become financially responsible by absorbing an early saving culture in them till adulthood.


  • Opened to every child.
  • Account opening balance of #2,000.
  • Allow for lodgment of cheques in the child’s name.


  • Access to school fees advances for parents.
  • Direct debit instruction is allowed.

Requirements for Account Opening

  • Duly completed account opening forms.
  • Parent’s means of identification. Note: a valid means of identification as stated in the account opening package i.e. Copies of driver licenses, International passports, Voters cards
  • Two passport photographs of the Parent/guardian and child.
  • Birth certificate of the beneficiary (child).
  • Parents/Guardian BVN.
  • Valid proof of residence i.e. utility bills issued in the last 3 months (PHCN, WATER, LAWMA, etc.).
  • A reference is required to enable paying in of cheques.