The Academia account is both a current and savings account, available in US Dollars (USD), it has the following services: Alert Banking, RawbankOnline and Illico Cash.

 

How do I get an Academia account?

 

To be an Academia account holder, you must meet the following conditions:

1. Eligibility requirements: between 13 and 28 years of age;

2. Conditions for opening an account: you need :

• Complete the account opening form + FATCA ;
• Be in possession of a valid identity document (passport, voter's card, driver's license);
• Take two passport photos.

 

Does the Academia youth account have any advantages? What are they?

 

The account accepts payment by card and cheque book, and offers several advantages including :

• No account holding fees;
• The annual interest rate is 4% up to USD 2,500 and 1% between USD 2,501 and USD 10,000;
• No account closure fees;
• Withdrawal or payment at the counter, withdrawal with card and repatriation

 

What banking transactions are accepted by the Academia Youth Account?

 

It accepts the following banking transactions:

• Over-the-counter payment ;
• Withdrawal at the counter;
• Withdrawal with card ;
• Repatriation