Key Benefit

  • For children under 18 years old
  • Interest rate: up to 3.5% per annum on full account balance


Open a My Dream Account for your child to give them the best start in life. The MDA helps parents to accumulate wealth towards fulfilling their children’s future, and can be used to teach kids the value of saving.


  • For children under 18 years old. Account is operated by the parent/guardian
  • Very competitive interest rates calculated daily and credited monthly on a yearly basis.
  • Four withdrawals per year (quarterly basis, to match school terms)
  • Free eStatement (requires customer sign-up)
  • Maintain a minimum balance of SLL 100,000.00
  • Account can only be opened when parent/maintains a Current or SavingsAccount with the bank
  • Minimum monthly contribution by standing order is SLL 100,000.00

Fees and Charges

  • No monthly fees

Account Opening Requirements

  • Existing relationships require only Account opening requirements for child
  • New relationships require Parents/Guardians to first open a CASA relationship with bank, then proceed to open My Dream Account
  • Parent/Guardian (s) Identification document: Valid passport or SL Identity Card
  • Parent/Guardian (s) Address verification of residential address
  • Parent/Guardian Tax Identification Number (TIN Certificate)
  • Child’s Birth Certificate
  • Child’s Passport, if available
  • 2 passport photograph each, for child and parent/guardian
  • Initial deposit: same as minimum balance requirement (SLL 100,000)

Call Us

Call our hotline for further information.

232 76 505 609

Email Us

Please send us a message and we will be in touch as soon as possible.

Locate Us

Visit the branch that is nearest to you.

Find a Branch »

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.