Personal / Savings / Honey Bee Junior Savings Account

Honey Bees Junior Saving Account

A junior savings account is a great way to save for your children’s future and allow them to develop good savings and spending habits. From birth to age 18 your children will understand the concept of money, whilst learning the importance of saving.

Start your application

Account Highlights

  • Low minimum opening balance of ECD $50.00
  • For children aged 0 to 18 years
  • We match up to ECD $10.00 when you open this account
  • Access to an ATM card when the account holder turns 16

Account Opening Requirements

Junior Savings Account Requirements

Valid photo identification

For nationals (Grenadian citizens), non-nationals with permanent residence status, nationals (Grenadian citizens) residing overseas – one (1) piece; non-nationals – two (2) pieces

  • National Insurance Scheme (NIS) Card
  • Passport
  • Driver’s license
  • Voter’s identification card
  • National identification card
  • Any state approved identification with a photo and date of birth
Proof of Address
  • Driver’s license and other valid identification
  • Recent utility bills
  • Credit Card statements or other bank statements
  • Proof of Address Form
Proof of Income
  • Financial/bank statements for the past year, for self employed persons
  • Salary slips or job letter for employed persons
  • Evidence of payroll deposit on account along with verbal confirmation by customer
Child's birth certificate Banker's reference letter (for non-nationals) Minimum Opening Balance: ECD $50.00

All individuals on the account need to complete all application requirements and submit the same documents as the primary account holder.

For Overseas Residents

Note for non-nationals and overseas applicants:

In addition to the standard required documents listed, all non-nationals and overseas applicants should also provide the following:

  • Social security number (for individuals in North America & The United Kingdom)
  • Tax identification number (identification number used to file taxes)
  • Cover Letter: Specifying the type of account requested and the signing authority of members on the account. This letter should be signed and notarized like all other supporting documents

When sent from overseas, all signatures affixed to application forms or signature cards and copies of identification and letters must be authorized by a Notary Public.

All United States residents or citizens opening accounts are required to adhere to FATCA regulations. 

All United States residents or citizens opening accounts are required to adhere to FATCA regulations.

Ready to open your account?

Begin the application process by completing our online registration form and scheduling an appointment to complete registration.

Start Your Application