Child Trust Fund Account

Secure Their Tomorrow, Starting Today

cute kid Commercial Trust Bank

Who Is This Account For?

The Child Trust Fund Account is designed for parents, guardians, and grandparents who want to save consistently towards a child’s future financial needs.

This account:

  • Encourages early financial planning and disciplined savings
  • Serves as a long-term investment vehicle
  • Allows no withdrawal for the first 4 years, and full access is granted only when the child reaches 18 years or older
  • Supports savings growth that can help fund education, future investments, or major life opportunities

Choose a plan that best suits your savings goals:

  • Regular Plan – Monthly contribution of 1,935 XOF
  • Super Plan – Monthly contribution of 3,870 XOF
  • Family Plan – Monthly contribution of 11,600 XOF

To open a Child Trust Fund Account, please provide:

  • Two passport-size photos for both the parent/guardian and the child
  • Child’s birth certificate or clinic card
  • Valid residence permit for the parent or guardian, if required
  • A fully completed KYC form
  • A national ID card or passport belonging to the parent or guardian
  • Initial deposit of 1,935 XOF, 3,870 XOF, or 11,600 XOF (depending on the selected account type)
  • Parent/Guardian as Trustee – The parent or guardian manages the account until the child becomes eligible
  • Long-Term Growth – Contributions can be made up to the child’s 18th birthday
  • Withdrawal Option After 4 Years – Interest can be withdrawn after 4 years, while the principal remains untouched to ensure long-term savings
  • There are no penalties for the number of withdrawals made from the account each month. 

  • Issuance of bank drafts for school fee payments is free of charge.