Product Overview
The Bridal Registry is a regular savings account enhanced with the value added benefit of facilitating the deposit of cash gifts from wedding guests. The account is operated as a joint savings account and will attract applicable savings interest rates offered at the time of opening.
Product Details
Target Groups
- Age range: 18 – 64 years
- Gender: No restriction to gender
- Characteristics:
- Couples planning a wedding
- Persons planning a wedding within 3 months to a year
- Individuals who prefer cash gifts
- Income level: None defined
Features
- Open with a minimum deposit of J$1,000
- Account may be opened in the choice of J$, UK£, US$ or CDN$
- Guests can purchase a VMBS Gift Certificate valued at any amount
- Deposits may be made at any of the 15 VMBS locations island wide
Selling Points
- Great option for bridal registry – alternative to ‘unsuitable/ irrelevant’ gift options
- Sets the base for a financial future as a couple
- Ideal for couples wishing to receive cash gifts to help start their married life together
- Good choice for engaged couples wishing to establish a home savings plan with the help of others
- Persons wishing to recover some of their wedding expenses will find this account useful
