SMART SAVE ACCOUNT

I am thinking of buying a car next year. Does Wema Bank have a product I can save strictly in every month to help achieve this?
 Yes! A Smart Save account is just what you need.
Tue, 16 Feb, 2021 at 4:45 PM
What happens to the account after I have finished saving for the particular purpose I initially opened the account for?
 You can decide to withdraw your money and save for another purpose, or you can simply keep saving if you don't need the money at the moment.
Tue, 16 Feb, 2021 at 4:45 PM
Do I need to have any other Wema Bank Account before I can operate a Smart Save Account?
No, you don't.
Tue, 16 Feb, 2021 at 4:45 PM
What are the documents needed to open this account?
Duly completed account opening form including signature mandate card BVN 1 Passport Photograph Valid ID (National ID card, Driver's License,...
Tue, 16 Feb, 2021 at 4:45 PM
Can my savings be used as collateral to acquire a loan?
 Yes, it can be used as collateral/security for a loan.
Tue, 16 Feb, 2021 at 4:46 PM
Can money be moved from my other account to my smart save account?
Yes, a standing order can be placed to move money from any of your other accounts into your smart save account
Tue, 16 Feb, 2021 at 4:46 PM
Is SMS alert available for this account?
No, you will receive only email alerts for your smart save account to ensure your account is free from debits
Tue, 16 Feb, 2021 at 4:46 PM
Is there a maximum cumulative balance for this account?
 No, there is no limit.
Tue, 16 Feb, 2021 at 4:46 PM
Is account maintenance charge deducted on this account?
 No.
Tue, 16 Feb, 2021 at 4:46 PM
What is the minimum opening balance for this account?
N5,000
Tue, 16 Feb, 2021 at 4:46 PM