Amana Bank Teen Savings

Help your teenager take their first steps toward financial independence. Equip them with the tools to manage money responsibly, save for their dreams, and build a strong financial future. Guide them toward smart spending, ethical decision-making, and the value of fairness in all they do. With a blend of savings and transactional features, your teen can learn to budget, save, and spend wisely all under your watchful eyes.

Amana Bank Teen Savings - Smart for Teens, Secure for Parents!

Eligibility

• Any Sri Lankan citizen between 13 to 18 below years old

Benefits

• Shopping and ATM enabled Debit Card with pre-set transaction limits
• Online banking access with pre-set transaction limits for bill payments and fund transfers
• SMS Alerts on Debit Card and Online Transaction to parent mobile
• E-statement facility
• Profits payable on a monthly basis
• Credit Profit from your child’s existing Kids Savings and Term Investment to Teen Savings Account
• Cash Rewards for High Flyers in GCE O/L & A/L examinations
• Option of having a standing order facility

Documents Required

• Minor’s Birth Certificate or National Identity Card if 16 years and above
• Parent’s or Guardian’s National Identity Card (NIC), Passport, or Driving License
• Minimum initial deposit of Rs. 1500/-

How to upgrade Your Child’s Amana Kids Account to a Teen Savings Account

• Step 1: Login to ‘Your Bank’ Online Banking Platform

• Step 2: In the Bottom Right Fab Button (Three Line Button), select the Email Us option

• Step 3 :  Compose the following details and press the confirm button

Subject : Opening of Teen Account

Mail Body: I wish to open an Amana Bank Teen Account for my son/daughter <Name> who has an existing Amana Bank Kids Savings, for which I am listed as the parent/guardian.
Amana Kids Account No: XXX-XXXXXXX-XXX
Child’s Date of Birth: DD/MM/YYYY

• Step 4: You will receive an e-mail to your registered e-mail from Amana Bank Customer Support Unit informing to print and fill the account opening mandate along with selecting the required value added services. Once filled you will require to scan and mail the same from your registered e-mail.

Click here to view the Key Fact Document