The MCB Lito Savings Account is the perfect way to introduce your child to the world of savings

Prepare for the future of your kids with a Lito savings account.

The MCB Lito savings account is specially designed for children in Bonaire, Saba or Sint Eustatius from birth till the age of 18. Open a Lito savings account and start saving today for big expenses such as college tuition, paying for driver’s license or even for their own first place.

Basic package information

Start saving in your child's name from birth.
The current interest rate for the Lito savings account is 2% (*NIR: 2%; **APY: 2.0184%).
Important note: When your child turns 18, only they will have access to and control over the funds.

Required documents

Valid identification such as a passport or local residency ID
Valid identification document is required for both the minor and parent/legal guardian and declaration of parent/legal guardian
Address verification document, such as a utility bill not older than 3 months or an excerpt from a civil registry, from parent/legal guardian
Confirmation of income that will be deposited on the account, such as a salary slip, employment, reference, or employment contract, from legal guardian

You can find more detailed information on our General Conditions and Privacy Policy.

Security & Privacy

The Bank complies strictly with local legislation in all the jurisdictions in which the bank operates.
The client's information is always treated with the utmost integrity and care for privacy.

Are you interested in opening a Lito Savings Account with us?

Apply now!

General Conditions

Apply now!

To start the application process, please press the button below.

Apply now!

General Conditions

To begin the application process, please click the button below and confirm the account type on the application form.

General Conditions

You can find more detailed information on our Privacy Policy here:

MCB Group Privacy Policy

Frequently asked questions and answers

What is needed to open a Lito savings account?

Only parents and/or legal guardians that have an MCB account can open a Lito savings account for their kids;
Grandparents, other family members and friends cannot open a Lito savings account, but they can surely deposit on the Lito savings account opened by the parents of the child;
Maximum deposit amount per month is $140,-;
Once a year a maximum deposit amount of $ 560,- is allowed in connection with the child’s Birthday or special occasion;
Parents and/or legal guardians can open only one Lito savings account per child;
When opening a Lito savings account, parents can request access to MCB Online Banking, making it easier to view your child's Lito savings account.

What is the interest on a Lito savings account?

The interest is based on 2% per annum*. Lito will be informing the kids regularly on several interesting savings tips and other items.

*The interest percentage is subject to modification, with due observance of article 24 of our General Conditions.

What happens with the Lito savings account when your child turns 18?

Maduro & Curiel’s Bank will close the Lito savings account in the month of January of the year after your child turns 18. The savings, including the base rate, will be transferred to a regular Maduro & Curiel’s Bank savings account in your child's name. Click here to read more about our savings accounts.
If your child does not have another Maduro & Curiel’s Bank savings account, we will open one for him or her.
Important note: When your child turns 18 only he or she will have access to and dispose of the funds.

Lito Savings account Terms & Conditions

See Terms & Conditions

How can I request a replacement new card?

You can request a new card in one of these three ways:

-Via MCB Personal and Business Mobile Banking app

-By contacting our Contact Center at (+599) 715 5520.

(Monday to Friday from 8AM – 8PM and Saturday from 9AM – 1PM).

- By visiting one of our branches

Is there any fee for the new replacement card?

No. If your card is damaged, the replacement card is completely free of charge during this campaign.

How many cards can I replace for free?

You can replace any of your damaged debit or credit cards, as long as they are in your name. You can submit one replacement request for each card that is in your name.

Do I need to provide proof that my card is damaged?

No formal proof is required. We kindly request you to hand in or cut your damaged card in pieces and destroy it when you receive and activate your new one.

Who can I contact if I have more questions?

You can reach out via our Contact Center at (+599) 715 5520 or visit any branch for assistance.

I have multiple cards under the same credit card account, will I receive a replacement for each card?

Yes. Each damaged card replacement request must be submitted separately, and you can request replacement of the card that is in your name.

Can the same account holder request multiple card replacements?

Yes. You can replace the cards that are damaged and in your name. A client can request replacement for the damaged cards they hold in their name. Please note that each card must be requested separately.

How will I know my replacement request was successful?

When you request your replacement via our MCB Mobile Banking App, you will receive a confirmation e-mail. If you request your replacement card via our Contact Center or any Branch, you will receive an email when the card is ready for pick up.

Can I change the delivery method or branch for my replacement card after I submit the request?

Once you select your delivery method in the Form (through our Mobile banking platform), that will be applied and can’t be changed digitally. If you wish to make a change for example replacing home delivery vs branch pick-up or vice versa after you have already submitted your request, please contact one of our MCB Contact Center representatives at (+599) 715 5520 to check the possibility of changing your request as this will depend on the status of request in the process)