WEMA bank, with a motive to transform the face of the Nigerian banking sector, introduced a service termed ALAT
It is worthy of note that this is Nigeria's first Virtual Dollar ATM card. It is digital banking service. This digital banking enables you to own a bank account without stepping into a banking hall, although your phone number and BVN would be required.
One credit of this service is its convenience. ALAT digital bank is carried out only via the ALAT Mobile App.
An outstanding feature of the ALAT service is the ALAT dollar card which enables customers to make payments online in Dollars. Benefits of the ALAT service
1. Quick Sign Up - Sign Up For 5 Minutes. Open an ALAT account from your phone with your BVN and phone number.
2. Save Easily: The wema ALAT is made for ease of saving. With a simple automated savings plan and a 10% annual interest, which is three times the standard bank rate, life would undoubtedly be near easy.
3. Request Instant Loans - Get a short-term loan quickly whenever you need it.
4. Pay in Dollars - Create a free virtual dollar card for paying online, convert naira to dollars any time. How to open ALAT Wema account
Get the ALAT app from Google Play or the iOS App Store, or go to alat. Ng to begin.
Open the app. Your BVN, Phone number, and your date of birth would be required to complete the process. To complete your sign-up, type in your email address, set a new password, pick a security question and provide an answer you'll remember easily. Your ALAT account is ready! Funding your ALAT account
With a bank card from any Nigerian bank:
₹ Log in to the ALAT app and Click Fund My Account.
₹ Click the From Other Bank Card menu option and type the debit card details (card number, expiry date, and CVV) in the fields provided.
₹ Authenticate with the card PIN and type the token sent to your phone number by SMS to add the card.
₹ Type the amount to be transferred from the added debit card to your ALAT account and authenticate with the card PIN and the six-digit code sent to your phone number by SMS.