MEB Young Savers Account
Below are the features of the account;
- Account for Children below age 18
- An account may be in Ksh or USD
- Opening Balance Kes 200
- Interest bearing account – 4.5%
- Free Bankers Cheque for school fees every term.
- Prompt mobile notification on every account transaction.
- Free monthly statement. May also access statements through Internet Banking
- No Ledger fees
- No charges on withdrawals - limited to one withdrawal per quarter.
- Interest paid on a quarterly basis, calculated on minimum monthly balance.
- Free internal transfers from MEB to MEB account