This new scheme “The clever Kids” is addressed to our young friends who are under the age of 14. Τhe parents, relatives or friends of the children open the account in the child's name

Characteristics and Benefits

•  A high interest rate is offered independently of the amount deposited
•  With the opening of the account you get a voucher gift of €40.
•  When the beneficiary reaches adulthood he can easily secure a loan of twice as much as the total amount deposited. (the deposit account serving as a guarantee and only with 2 guarantors).
•  At the end of every year our young friends get their Christmas gift.
•  Participation in the various activities organized by the Morfou CO-OP.

Conditions

Withdrawals are allowed only when the child comes of age.