Children savings

  • Intended for both residents and non-residents
  • Free range of payments and wide span of deposit terms
  • Interest withdrawal upon the term deposit expiry
  • The contract reads on an underage person

Product description

CKB children savings is a product intended for parents of young population wishing to save for their childrens future, when and as much as they wish. The product may be used by both residents and non-residents. There is no restriction on the minimum deposit and, therefore, you may open the savings account instantly.Instrument for handling funds is savings booklet or bank account card.

Product features are as follows:

  • Maturity: on demand or fixed term (minimum 13 months, maximum 24 months)
  • Intended for residents and non-residents
  • Possibility to make successive payments: in any of the Bank branches across Montenegro and by transfer from transaction account
  • Accrual and payment of interest upon the term expiry or upon automatic principal rollover
  • Partial cancellation is not allowed, i.e. no portion of term deposit may be available before the term expiry
  • Early termination and withdrawal of the entire term deposit is not allowed
  • Extension, i.e. automatic renewal of contract: 8 days after the contract expiry
  • Possibility to transfer funds to transaction, FX and other accounts
  • For the account-benefit of your underage child
  • Instrument for handling funds: savings booklet or bank account card


More details about the product clients can get by visiting the nearest CKB branch or by calling the CKB Call Centre at 19894.