Individuals

Build your child’s financial future today

The Bank introduces the new “KIDS” Children’s Savings Account, a dedicated solution for children under 18, designed to encourage saving, promote financial education, and ensure the long-term security of family savings.

With “KIDS”, parents and legal guardians can deposit funds easily and without limits, gradually building a secure fund for their child’s future.

Why choose the “KIDS” Children’s Savings Account?

The “KIDS” account is more than just a savings account. It is a tool that helps with:

• Encouraging early saving habits
• Promoting financial education from a young age
• Building future capital for education and personal needs
• Ensuring safe and parent-controlled management

Who can open the account?

• The account can be opened by one of the parents or the child’s legal guardian. In all cases, the parent signs as the legal custodian, while the child is the sole account holder.
• The account is available for children aged 0–18. The maximum age for opening the account is 14 years.
• The funds in the account become fully accessible and usable by the child once they reach the age of majority (18 years old).

Key product conditions

• Currency: ALL / EUR / USD
• Annual interest rate: ALL 3.00% / EUR 2.00% / USD 2.00%
• Interest is calculated daily on the account balance and credited once per year, on January 25
• The interest rate is reviewed annually on January 25, based on market conditions and the Bank’s policies
• Minimum opening amount: ALL 10,000 / EUR 100 / USD 100
• No account opening or maintenance fees
• No limits on the number or amount of deposits
• No fees for deposits made at any branch of the American Bank of Investments
• The account cannot be closed before the child reaches the age of majority. If closed earlier, penalties will apply in the amount of interest accrued after the last interest settlement
• Once the account holder turns 18, the account will automatically switch to a standard savings account, applying the prevailing terms and interest rates in force

Promotional Campaign | June 1 – June 30

Receive a welcome bonus of 2,500 ALL (gross), 25 EUR or USD (gross) by opening a “KIDS” Savings Account during June.

• Campaign period: June 1 – June 30
• The bonus applies only to clients opening a new children’s account within this period
• Clients who close an existing account to open a new one are excluded
• The bonus can be received only once
• The bonus will be credited to the child’s account in July, after the campaign ends

Note: The bonus amount is gross. A 15% withholding tax will be applied in accordance with applicable legislation.

For more information about the savings account, please refer to the Deposit Bulletin.

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Our Bank is a member of the Deposit Insurance Agency.

All deposit accounts of each depositor, including legal entities in the Republic of Albania, held with the American Bank of Investments SHA are insured by the Deposit Insurance Agency (DIA) up to the amount of 2,500,000 (two million five hundred thousand) ALL, or the equivalent in foreign currency, in accordance with the provisions set out in Law No. 53/2014 “On Deposit Insurance”, as amended.

For more information, please visit: the Deposit Insurance Agency.