Tailored for daily transactions, Bingaa TRX provides a lifetime account with full ownership transferred at legal age. Featuring a primary debit card and seamless internet banking, young savers experience financial independence under parental guidance.
Introducing
Bingaa: Building Financial Foundations for Young Bankers!
Discover Bingaa, MIB's innovative kids' banking solution crafted to foster financial literacy and responsibility from an early age. With robust parental oversight, Bingaa offers three unique accounts—Bingaa TRX, Bingaa Save, and Bingaa Invest—equipping young savers with financial tools that grow with them.
faisanet Access
faisanet access age 7 & above
VISA Debit Card
VISA debit card for age 7 & above
Perpetual Account Number
Carry your account number for future
Managed by parents but visible to kids, this account focuses on cultivating savings habits. With attractive profits and parental control over withdrawals and transfers, it ensures your child’s savings grow effectively.
Designed for long-term growth, Bingaa Invest emphasizes higher returns with view and credit access for both parents and children. At legal age, funds seamlessly transfer to Bingaa TRX.
Currency Options
Choose between MVR and USD for your child's Bingaa accounts. All three accounts—TRX, Save, and Invest—are set in the selected currency, ensuring a streamlined financial journey
Features and Benefits
Bingaa encourages kids to manage transactions, save effectively, and explore investment opportunities, all supervised by you
Parents maintain monitoring, setting customizable limits to ensure safe financial management
From parent-only access for the youngest to full self-approval at 16+ with employment verification, Bingaa grows with your child
Engage your child with digital badges, vouchers, and rewards for achieving savings goals
Frequently Asked Question
There are no maintenance fee for this account.
To open a Bingaa account, you will need to provide copies of both the parent’s and child’s ID. Additionally, if the child is over the age of 10, a copy of their birth certificate is required.
All our services can be obtained through ApplyNow. Parent can login to ApplyNow using a verified efaas account and apply to open Bingaa Account.
Yes! Transition to Bingaa for enhanced features. Contact us for help converting existing accounts to enjoy a better experience.
Profits are viewable on your online banking profile. Check our website for the profit-sharing ratio or anticipated profits.
Bingaa offers digital badges, redeemable vouchers, physical collectibles on reaching saving goals and more. Latest features are available on our website.