Education Savings Plan

Are you looking to secure your children’s future while building dedicated capital for their higher education or their entry into professional life?

The BANK OF AFRICA Education Savings Plan Private Banking solution allows you to progressively grow your savings while preparing long-term financial security for your children. This private banking savings plan also offers the option to subscribe to a pension guarantee, providing additional protection for the designated beneficiary.

All contributions paid by the policyholder are recorded in an individual account and benefit from capitalization based on a minimum guaranteed annual return, complemented by potential profit-sharing. Designed as a structured wealth management education savings solution, this plan combines financial performance with long-term stability.

Benefiting from attractive tax advantages, this children education fund in Morocco enables you to gradually build capital intended to finance all stages of education, including higher studies and vocational training for a dependent child named as beneficiary.

4 key benefits

With the BANK OF AFRICA Education Savings Plan, build up long-term, tax-efficient savings, and secure your children's future with peace of mind.

Secure savings offering a guaranteed minimum return enhanced by potential profit sharing
A tax-advantaged savings solution aligned with private banking wealth strategies
The option to subscribe to a pension guarantee for additional financial protection
Flexible payment options: regular monthly contributions, occasional deposits, or free payments according to your financial objectives

Your questions, our answers

Any individual with Moroccan nationality residing in Morocco or abroad can benefit from this savings plan.

The beneficiaries are the children listed in the subscriber's family record book. There can only be one beneficiary, and the same beneficiary cannot be declared on several such plans in the banking sector.