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The Conta Jovem (Jovem Account) is a Current Account in Meticais (MZM) or American Dolars (USD), for Individual Customers younger than 26 years old.

 

àAccessible minimum opening amount: MZM 300,00/ USD 100,00.

àInstant access to Millennium bim's Electronic Banking Channels: Millennium bim Internet Banking, Millennium bim Mobile and Linha Millennium bim (Call Centre). 

Also gives access to the Conta Poupança Sub 26 (Savings Account), that has the option of automatically transfering to the Conta Poupança (Saving Account) Sub 26, when the balance of the Conta à Ordem (Current Account) Jovem execeeds MZN 3.000,00 / USD 100,00.

 

 

Maintenance Fee

The Conta Jovem (Jovem Account) has no maintenance fee or charge.

Inactivity Fee

For accounts with balances below MZN 100,00 and inactive for more than 6 months, an inactivity fee will be charged according to the Bank's Price List, available online or at any Millennium bim Branch.

Access Conditions

All Individual Customers residing in national territory, younger than 26 years old, have access to the Conta Jovem (Jovem Current Account). Customers under 21 must be represented by their parents or legal representatives.

 

Additional Deposits to Sub 26 Saving Account

It gives you the option of activating automatic transfers to the Conta Poupança (Saving Account) Sub 26, when the balance of the Conta à Ordem (Current Account) Jovem execeeds MZN 3.000,00 / USD 100,00.

 

Transfers

Transfer methods available include: Cards, Cheques, Transfer Orders, Millennium bim Internet Banking, Millennium bim Mobile and Linha Millennium bim (Call Centre).

 

Minimum Opening Amount

The minimum amount to open a Conta (Current Account) Jovem is MZM 300,00 or USD 100,00.

To apply to a Conta Jovem, please visit any Millennium bim Branch. 

 

Mandatory Documentation 

à ID Card or D.I.R.E;

à Local Authority Residence Declaration or a household expense invoice (water, energy, telephone, etc) in the name of the account owner;

à NUIT (Local Tax Identification).

Can a minor open an account at Millennium bim?

Yes, but the Account opening process has to be done by the Parents or Legal Representatives. The minor will be the Account Owner. 

 

Which documents should I bring when opening a Jovem Account?

The follwoing documents have to be presented for each account owner:

 

à ID Card, Birth Certificate or D.I.R.E.;

à Local Authority Residence Declaration or a househo0ld expense invoice (water, energy, telephone, etc) in the name of the account owner;

à NUIT (Local Tax Identification); 

 

How can I change the ownership of my account?

To change the ownership of your account, to include a new signatory or remove a signatory, you must go to the Millenniumm bim Branch where your account is held, along with all the other Account Holders, in order to formalize in writing the desired change.