From 1 December, members of the public can walk into any BSP branch Fiji wide, purchase a BSP MoneyZONE gift voucher for as low as $10 to fund opening a child's first bank account.
BSP Country Manager Kevin McCarthy has described the move to empower Children this Christmas as the Bank's contribution towards safeguarding Fiji's future financial security.
"This MoneyZONE gift voucher program is a demonstration of our commitment to helping parents, guardians, goodwill champions and others who wish to fund any child's first step on their road to financial freedom," said Mr McCarthy.
There is no right or wrong time to open a child's bank account but the Green bank is certainly making it easy for any responsible parent or guardian to fund it.
"There is no minimum age for a child to own a BSP MoneyZONE account. We have had accounts opened as soon as a baby is born while others have waited until the child is old enough to receive guidance on saving and spending responsibly," he added. "We are happy to assist parents and guardians who are eager to give a gift that will last a life time."
Once a person buys a BSP MoneyZONE voucher, they are free to gift it to any child of their choosing. However, in order to redeem this money gift, a child and a parent or guardian will need to present the voucher along with the necessary account opening requirements at any BSP branch Fiji wide.
These requirements are listed on the same voucher and they include: the child's birth certificate, passport size photo and a Tax ID. A parent or guardian must also present a Tax ID, valid photo ID (FNPF Joint Card/Driver's License/Passport); plus either a current utility bill bearing your name and address OR a Letter of Reference.
BSP MoneyZONE gift vouchers under this child empowerment program for Christmas are now available for sale at all BSP branches nationwide.
This Christmas gift idea from BSP comes after the Bank's November campaign to enhance their customer service delivery by opening all its branches across the country, every Saturday, to deliver instant approvals on Personal loans.