Junior Account

Our Junior Account is a long-term savings plan for those under 21.
This account requires a monthly minimum deposit of 100.00 MT.

Minimum amount to open this account: 200.00 MT.

Account opening requirements
The Junior savings account is a joint account, and can be accessed with the signature of the account’s representative and Guardian.

Deposits
Deposits can be made at any Socremo branch by any person; the greater the capital amount in the savings account the greater the amount of monthly interest payable.

Withdrawals
The holder of the savings account can not withdraw the amount before the age of 21; the Guardian may perform operations on the account at any time (making deposits and withdrawals). In the case of the guardian becomes incapable, the minor will only be able to perform operations on the account when he/she becomes emancipated