Open a bank account for your child
Easy online process
- Check your child's account
- Set payment limits
- No overdraft facility
Step 1: Fill in the information about yourself and your child
To open an account for your child, you need your ABN AMRO bank account number. If you are not a customer yet, you can open an account.
You can also add a second applicant. This person will also have access to your child's account.
Have your child's citizen service number (BSN) ready when you open the account. This number can be found on your child's ID.
Step 2: Answer some questions about your child
We will ask you a number of questions about your child. Many of these questions will not apply to your child. You can then simply answer 'No'. Banks play an important role in combating fraud, money laundering and the financing of terrorism. By law, we are obliged to conduct customer assessments for every new customer, including minors.
Step 3: Check your application
Your child's account is almost opened. All you have to do is check your application and read the documents carefully. You can then sign the application using the the ABN AMRO app or one of our other tools . You will receive a confirmation of your request by e-mail. The account is not immediately opened. We first check your and your child's data.
Step 4: We've now opened the account for you
You will get a confirmation by email that the account is open. Your child's account number will be added in the ABN AMRO app and your Internet Banking within 5 working days. The account is not yet visible in your overview. See how to add your child’s account. If you have requested a payment card, you will receive it within 7 working days.
Step 5: Set what your child can do with the account
As a parent, you naturally want your child to grow up to be a happy adult who can stand on his own two feet financially. Therefore determine together with your child what is possible and what is not possible with the Young Person’s Growth Account. Like setting a payment limit, disabling online purchases or getting a notification when your child makes a payment.
Frequently Asked Questions
What is a Young Person’s Growth Account?
The Young Person’s Growth Account is a current account for children aged 0 to 18. This account teaches your child step by step how to handle their money while you keep a watchful eye on them.
From what age can I open an account for my child?
You can open a Young Person’s Growth Account for your child aged 0 to 18. You can also request a free debit card for this account. You do this either when you open the account or at a later date.
Is there a difference between a children’s account and a young person’s account?
No, there is no difference. Both accounts are the Young Person’s Growth Account, but are also referred to as children’s or young person’s account. For your convenience, we have broken down the information on the Young Person’s Growth Account by age group: 0-11 years and 12-18 years. This way, you will always read the information relevant to your child’s age group.
What do I need in order to open a Young Person’s Growth Account?
You will need the following details to open a Young Person’s Growth Account for your child:
- Your ABN AMRO bank account number.
- Your child's Citizen Service Number (BSN). You can find this on your child's Dutch ID or on the registration letter at the municipality.
See how to open an account for your child.
What are the costs of a Young Person’s Growth Account?
You will not have to pay anything for the Jongerengroeirekening or Young Person’s growth Account. Opening the account is free of charge and there are no monthly fees for things such as the debit card. Only cash deposits and withdrawals may in some cases be subject to a fee. View the current fees.
What can my child do with the bank account?
You decide for yourself what your child can and cannot do with the bank account. Changes must always be approved by you first. You can also see exactly what your child is doing on the account. That way you always stay in control. See how to enable or disable several options and push notifications in your own ABN AMRO app or Internet Banking.
How can I add my child's bank account to my overview?
Your child's bank account number will be added to the ABN AMRO app and Internet Banking within 5 working days of the application. The account is not yet visible in your overview. You can set this yourself. See how to add your child’s account.