“Junior” savings account

Interest rate conditions

1% annual interest

Currencies

EUR

Advantages

Interest payment every 6 months

Conveniences

Unlimited additional deposits are allowed

Promotional terms until 31.12.2025

  • When making cash deposit at the cash desk and cash transfer of banknotes in BGN by Fibank clients for children's savings products in EUR, the official exchange rate of the Bulgarian National Bank for BGN/EUR shall be applied.

    Learn more here

Promotion
Learn more here

Junior Savings Account – for the bright European future of your child!

  • Currency - Euro;
  • No minimum opening amount;
  • Interest rate - 1% annual interest;
  • No opening and maintenance fee;
  • No fee for cash deposits and cash transfers from Fibank clients;
  • No limit on depositing amounts into the account.

 

and more:
  • The account holder is a minor under 18 years of age;
  • The depositor is an adult individual opening the account, without a requirement for a family relationship;
  • Subsequently, any other person other than the depositor may deposit amounts into the account;
  • Interest is paid every 6 months, according to the date of opening the account or upon closure;
  • The account bears interest until the holder reaches the age of majority;
  • Withdrawals from the account can be made by:

o In the case of a minor account holder (up to 14 years old) – any of his/her legal representatives with the permission of the district court;

o In the case of a minor account holder (from 14 to 18 years old) – by the account holder, with the written consent of one parent with the permission of the district court.

Additional information
  • The Bulgarian Deposit Insurance Fund (BDIF) guarantees full payment of the amounts of one person in one bank, regardless of their number and amount up to BGN 196,000, and this amount also includes the accrued interest until the date of issuance of an act under Art. 20, para. 1 of the Bank Deposit Guarantee Act. The funds on the deposit are guaranteed by the Bulgarian Deposit Insurance Fund, established and operating in the Republic of Bulgaria, in accordance with the procedure, to the amount and under the conditions provided for in the Bank Deposit Guarantee Act;
  • The account holder shall not be requested to submit a prior notice, if he/she wishes to dispose of funds from the deposit account, including for its termination. When withdrawing cash from the deposit account above a certain amount specified in the Fibank Tariff, the holder must notify the Bank in advance of the execution of the operation within the terms specified in the Tariff, otherwise the holder shall pay an additional fee.