Can minors under 21 open an e-wallet? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Can minors under 21 open an e-wallet?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Yes. Young people from the age of 16 (using a valid national ID card) can open an independent e-wallet in their own name with telecom companies or banks, in line with financial inclusion initiatives.

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