• Let them manage finances on their own

  Let them manage finances on their own

  Open a bank account for your child with SEB Bank

  • Help to become financially literate

  • Protect your child’s pocket money

  • Transfer money instantaneously, if needed

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• How to prepare for a meeting

  How to prepare for a meeting

  	Aged below 13 years	Aged 14–17 years
  Register for a visit at a sub-branch
  A visit for both parents
  A visit for one of the parents
  A visit for a child
  Visitors must bear their ID documents
  To have a child’s birth certificate

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  Mobile app

  Mobile app

  • Prompt money transfer

  • Convenient viewing the account balance

  • Control of payment card functions

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Financial literacy will help to achieve more

Financial literacy means knowledge and skills that we need for efficient management of our money. It helps us take logical decisions about money, fulfil the objectives and achieve more than one could have expected. Interestingly, to be financially literate it is sufficient to follow a few simple rules.

50 – 30 – 20 percent 
Spend half of your income to satisfy your needs, one third – to fulfil your desires, and the remaining portion – put aside as savings.

 

10 percent – to fulfil your dreams 
Put aside half of your savings to fulfil your dreams. If you know that your dream will soon become a reality, you will do better in terms of saving.

 

Priorities, priorities, priorities
Will you give a priority to your dream, or rather have a delicious dinner every day? Make a list of your priorities to help you make a decision when you spend money.

Getting a discount is not a shame
Never forget to get a customer loyalty card, feel free to ask if you can get a discount. Saving money is not a shame.

 

Have an objective
6 people out of 10 save for buying one specific thing. This way, saving is faster.

 

The bank also helps to plan
Use SEB's smart app and financial planner app FINANSŲ PLANUOTOJAS. They will help you monitor your spending and make better decisions accordingly.