Available for children
from birth to age 17.
Saving for Their Dreams
Start saving for your children today and give their dreams room to grow.
Either parent can open
a savings account for their child.
Earn a return of
up to 30% of the amount saved.
More Benefits
The Baraem Monthly Savings Account combines the features of a savings account and a savings deposit.
Monthly contributions are transferred automatically to the account
The account can be opened by the father, mother, or legal guardian.
Monthly contributions range from a minimum of USD 10 to a maximum of USD 500.
An initial deposit of up to USD 10,000 can be made when opening the account.
The account is available in USD only.
The monthly contribution can be reduced to suit the customer’s income and savings plan.
The Bank provides complimentary life insurance covering monthly contributions for a maximum period of 10 years.
Track the account through the Bank-e app and electronic banking services.
Frequently Asked Questions
If you withdraw from the program within the first year, no return will be earned. When your child turns 18, the account will be placed on hold until the parent or guardian relinquishes control of the account and it is transferred to the child.
Yes. You can enroll all your children under the age of 18.
No funds can be withdrawn or otherwise accessed unless the subscription is canceled.
No. As this is a savings-only account, the only transactions permitted are the monthly contributions.
For more information, you can choose one of the contact methods.
Chat on WhatsApp
Resolve queries instantly without the wait. Send a secure message to our support experts anytime.
- WhatsApp: +970593666666
Email our team
For any assistance with our products and services, email our support team directly.
- Click the link below, to contact us:
Call us directly
Need help with our products or digital services? Our support experts are here to guide you.
- Local: 1700 150 150\ #267 \ #2288
- International: +970 2 294 6420
- Working hours: Available 24/7
Meet Our Experts In Person
Visit a branch for face-to-face advisory and tailored financial solutions.
- Sunday - Wednesday: 08:30 - 14:30
- Thursday: 08:30 - 13:30