"Save for your children future is key to ensure their well-being by attending and obtaining good education. This product is aim to ensure your children are financially able to pursue their study in future. Save now for a bettter future"

"HAU NIA FUTURU" account is for Timorese children aged between 0 and 17 years old.

Terms and Conditions

  • Individuals, children aged 0-17 years old, Timorese Citizen
  • Minimum initial deposit $1.00 - $100 / month subject to meeting AML/CFT requirements
  • Interest rate 1.5% per annum and paid monthly based on daily closing balances
  • Exempted from any bank charges.

Other Conditions

  • Early withdrawals/withdrawals: allowed after the holder’s 17th birthday or in case of death of the holder by its legal guardians (applicable to the account Ha’u-nia Futuru) according to the applicable court decision.
  • The account can be opened at any BNCTL’s branch and the bank shall, mandatory, provide all the relevant information to the clients in order for them to fully understand the terms and conditions applicable to the account Ha’u-nian Futuru.
  • Only one Ha’u-nia Futuru account per minor.
  • In the event of an early withdrawal, no interests are paid

Documents Requirement

  •  Original birth certificate from the minor.
  •  Original identification document from the parents or guardians.
  •  Photo with parent of the children.