WEMA TREASURE ACCOUNT

What are the requirements needed for this account to be opened?
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 4:47 PM
What happens if I withdraw more than three times?
Nothing, there are no limits to withdrawal on this account.
Tue, 16 Feb, 2021 at 4:47 PM
Do I get interest on the money in my Wema Treasure Account?
You will earn an interest of 0.575%p.a. on your WTA Individual/Non-Individual account if you maintain the required account operating balance
Tue, 16 Feb, 2021 at 4:47 PM
What is the minimum opening balance for this account?
The minimum account opening balance is; N5,000 for individuals, N10,000 for clubs/associations and N100,000 for businesses.
Tue, 16 Feb, 2021 at 4:47 PM
How is this account different from savings or current account?
This account is a hybrid account. It has features of both savings and current account as it pays interests and it allows unlimited withdrawals as well as th...
Tue, 16 Feb, 2021 at 4:48 PM
I run a school; can I operate a WTA account?
Yes, you can.
Tue, 16 Feb, 2021 at 4:48 PM
Can I issue cheque on this account at zero charge?
 Yes, you can; for non-clearing cheques.
Tue, 16 Feb, 2021 at 4:48 PM
What is WTA?
 It is a hybrid savings account that operates with the flexibility of a Current Account with minimal restrictions.
Tue, 16 Feb, 2021 at 4:48 PM
Can I use a cheque book with my WTA account?
Yes, you'll be able to issue non-clearing cheques that can be redeemed at any Wema Bank Branch
Tue, 16 Feb, 2021 at 4:48 PM
Is there a maximum cumulative balance for this account?
No, there is none
Tue, 16 Feb, 2021 at 4:48 PM