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Child Smile Deposit


What is a Smile deposit?


The Children’s Smile Deposit is offered to all individuals who wish to open an account for their child. The age of the child must be between one day up to 15 years less one day. The deposit is open for a minimum of three years, and is automatically renewed for up to 15 years.

How many times per year is the interest applied?

The child’s account benefits twice a year, in January and July.

What is the maturity of this deposit?

A deposit is called a maturity deposit account when the child turns 18 years of age, or when the deposit reaches 15 years.

What is the minimum amount according to the currencies accepted for opening a child deposit?

5,000 ALL, 50 EUR, 50 USD.

For more detailed information on the Smile deposit see the document below. The interest rates of the Smile Deposit are published by ABI in the Interest Rates Bulletin.


All deposit accounts of any depositor in the Republic of Albania held with American Bank of Investments shall be secured by the Deposit Insurance Agency (ASD) up to ALL 2,500,000 (two hundred and five hundred thousand) or its counter-value in currency. foreigners, according to the provisions set forth in law no. 53/2014, “On Deposit Insurance” as amended.

For more information go to: Deposit Insurance Agency


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