Summary
“This deposit is designed for the Students at Secondary and Tertiary level, to save their money for relevant academic needs and to fulfil their daily needs”
REQUIREMENTS
- 1 colour copy of current passport size photo (3x4) or can be taken directly at the Bank.
- Copy of valid Electoral Card/Identity Card (BI)/Passport (Minimum copies of 2 identity card)
- Present Students Card/School Report Booklet
TERMS AND CONDITIONS
- This service is an individual saving account for Timorese and foreigner students who are studying in Timor-Leste
- It is directed towards Secondary and Tertiary level students
- Minimum amount for account opening $1.00
- Monthly maintenance fee $ 0.10
- Account closing fee $1.00
- Interest is competitive based on the BNCTL’s updated interest fee.
- Fee for issuing or replacing account booklet and ATM based on BNCTL’s updated fee list.
- The Account will be de-activated if there is no transaction during a 6 (six) month period
- The Account will be de-activated 6 (six) month after the person graduated from University or Institution.