Wema Bank: USSD Code, Transfer Charges, SWIFT Code & Rates
Commercial bank · Wema · 30 Lagos branches · ₦5M NDIC coverage
Na dem born ALAT digital bank. Physical branch + ALAT digital.
Na Wema born ALAT, the first pure digital bank for Nigeria.
Wema Bank na Commercial bank (CBN license, NDIC dey insure am) wey dem start for 1945 (81 years ago), and na Wema Bank Plc dey operate am. For 2026 e dey serve about 6M+ customers through 160 branch nationwide.
- Dem start am
- 1945 · 81 years dey serve Nigerians
- Owner company
- Wema Bank Plc
- Customer base
- 6M+
- Branch for Nigeria
- 160
- Bank type
- Commercial bank (CBN license, NDIC dey insure am)
- Website
- wemabank.com
- Address
- Wema Towers, 54 Marina, Lagos Island, Lagos, Lagos
If you dey do 20 transfer, 4 other-bank ATM visit, and 30 SMS alert every month:
₦1,440 more than Kuda (₦2,400/yr). That na 0 bags of rice.
Compare with all 23 bank →Time to open: 15 minute · Online through app
- Bank Verification Number (BVN)Compulsory for all Nigerian bank account. Get one for any bank branch free.
- Valid IDNational ID (NIN), International Passport, Voter Card, or Driver Licence.
- Passport photographRecent passport-size photo. The mobile app fit accept live selfie instead.
- Utility billAddress verification. Electricity bill, water bill, or tenancy agreement (last 3 months).
- Minimum opening balance₦0 for savings account. ₦5,000-₦10,000 for current account.
Wema dey own ALAT — Nigeria first fully digital bank. Wema self dey run as hybrid physical+digital bank.
Dedicated SME current account with lower maintenance charge and business advisory service.
Dem found am 1945 — Wema Bank older than almost every other privately-owned Nigerian bank.
Youth savings product wey dey bundle loyalty reward with basic banking service for pupil and university student.