What is theBuBa Account The BuBa Account is a saving account for kids It is the perfect solution for parents who want to earn more from their savings for their children In addition BuBa account custom ID: 866503
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1 BuBa Account What is the BuBa Acc
BuBa Account What is the BuBa Account? The BuBa A ccount is a saving account for kids. It is the perfect solution for parents who want to earn more from their savings for their children. In addition, BuBa account customers can benefit from special discounts at selective stores and exciting promotions throughout the year. Who is the BuBa A ccount for ? The account is for kids from age s 0 – 14 years. Who is authorized to open a BuBa Account? Parents/ g uardians can open the BuBa Account for their children by visiting their nearest Burgan Bank branch and providing the employee with the child’s Civil ID along with the parent/guardian’s valid Civil ID. Can the BuBa Account be held in other major currencies? No, the account can only be held in Kuwaiti Dinars. What is the minimum opening balance required to open a BuBa Account? KD 10. What is the minimum balance for interest earnings? There is no minimum balance to earn interest. Does the BuBa Account become dormant if inactive? Yes, the BuBa Account will turn dormant if no transactions are made for more than 6 months. The dormancy fee is KD 2 monthly. What other benefits does BuBa Account offer? Customers can enjoy f ree monthly standing order when transferring funds to BuBa Acc ount in addition to special discounts across selected stores in Kuwait.