|HOW TO OPEN A MINOR ACCOUNT:|
In order to open a Minor account, the Authorised User (Eg. parent or guardian of the minor) opening the account on behalf of the minor, needs to complete the ONLINE APPLICATION FORM and then email the documents listed on the form confirmation page (and detailed below) to our New Accounts department at email@example.com
The documents will be checked against the application form, and if in order, you will be sent a welcome email with all the account details. If not, you will be provided with guidance as to how to complete the process.
PLEASE NOTE: Minor accounts are currently only available to South-African residents with a valid South African Identity document.
Acceptable verification documents
Mandatory Documents required for the Minor
|Proof of Identification|
> South African Citizen
*subject to approval by EasyEquities, and must be accompanied by an affidavit confirming why identity card or Green bar-coded ID cannot be provided
Mandatory Documents required from the Authorised User
(Eg. Parent or guardian)
|1. Proof of Identification|
> South African Citizen
If not available:
*subject to approval by EasyEquties, and must be accompanied by an affidavit confirming why a birth certificate is not available
> Foreign National
2. Proof of Residence
As the minor most often resides with the Parent or guardian opening the account on their behalf, we need the following documents proving the minor resides with them:
3. Guardian Consent Form
Completed and signed by the authorised user Guardian Consent form (HYPERLINK )
4. Proof of Bank account
This item is not mandatory / required for opening an account, but it is worth noting that we will ONLY pay out funds to a verified bank account in the name of the account holder (the minor in this case) so it may be worth considering at the time of opening the account.
Additional Documents required where individual other than the parent or guardian will open / operate the account.
|Authority to operate account form|
Please note: This ONLY pertains to situations where the parent / guardian of the minor gives permission to another individual (usually a close family member), to open / operate the account on behalf of the minor.
In addition to the signed form, we will require the following documents from the Individual operating the account:
Valid FICA documents for Proof of Address:
The document must:
A list of valid FICA documents that can be used to verify physical residential address is detailed below:
Modified on: Sat, 26 Oct, 2019 at 3:33 PM
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