MOMENT ACCOUNT

Do I need to visit the branch where I opened my account to carry out a transaction?
 No, you don't. You can operate your account digitally and from any Wema Bank branch you choose.
Tue, 16 Feb, 2021 at 4:34 PM
Can I borrow money from the bank on this account?
 Yes, you can.
Tue, 16 Feb, 2021 at 4:34 PM
What happens when I provide the valid means of ID?
Your account would be upgraded to a Tier 3 savings account
Tue, 16 Feb, 2021 at 4:35 PM
What happens if I want to deposit more than the savings limit
You'll be notified to provide a Valid ID for account upgrade
Tue, 16 Feb, 2021 at 4:35 PM
What if I want to withdraw more than N50,000?
You can withdraw and transfer up to N100,000 daily across digital channels, and there are no restrictions to in-branch withdrawal.
Tue, 16 Feb, 2021 at 4:35 PM
Do I need to pay the bank to run the Moment Account?
 No, you don't. The bank instead pays you interest on your deposit.
Tue, 16 Feb, 2021 at 4:35 PM
What happens if I withdraw more than three (3) times in a month?
Nothing, you can do as much as four withdrawals monthly and still earn interest on your account.
Tue, 16 Feb, 2021 at 4:35 PM
Does this account earn interest?
 Yes, it does. 1.15% p.a.
Tue, 16 Feb, 2021 at 4:36 PM
What happens if I do not have a utility bill or shop receipt?
You can provide us any other evidence of address that you have.
Tue, 16 Feb, 2021 at 4:36 PM
What documents do I need to open the Moment Account?
Duly completed account opening form including signature mandate card BVN 1 Passport Photograph Any ID Card Evidence of residential address (Wa...
Tue, 16 Feb, 2021 at 4:36 PM