What is the difference between a minor's account and a youth's account?

A minor's account is subject to the permissions of a guardian or custodian, while a youth account may grant broader permissions depending on age.

Key points

• Understand who has the right to withdraw and manage funds.

• Age and product terms are crucial factors.

Source

• Central Bank of Egypt — Financial Inclusion Rates

• Banque Misr — Account Terms and Conditions (PDF)

• Banque Misr — Savings Accounts