MYBUSINESS ACCOUNT

Where can I open this MyBusiness account?
This account can be opened at any Wema Bank Branch
Tue, 16 Feb, 2021 at 5:00 PM
Can MyBusiness Account holders have a debit card?
Yes, single signatory accounts can have Debit cards.
Tue, 16 Feb, 2021 at 5:01 PM
Can an individual open MyBusiness Account?
No, MyBusiness Account is not for individuals.
Tue, 16 Feb, 2021 at 5:01 PM
What are the advantages of this business account over the normal Corporate Current Account?
MyBusiness Account is COT free unlike a Corporate Current Account
Tue, 16 Feb, 2021 at 5:01 PM
Can I have an overdraft line on this account?
No, this product is designed for customers who want to maintain the minimum balance and have free banking, overdraft feature is available for Corporate Curr...
Tue, 16 Feb, 2021 at 5:01 PM
How often can I migrate between variants of MyBusiness account?
As often as necessary
Tue, 16 Feb, 2021 at 5:01 PM
What happens if I migrate to another variant in the middle of the month?
The new account features would apply from the day the account is migrated.
Tue, 16 Feb, 2021 at 5:02 PM
Can I switch from one variant to another?
 Yes, you can.
Tue, 16 Feb, 2021 at 5:02 PM
My business is dynamic. Some months, I get a lot of business and some months, I don’t get any at all. Would I still be charged the monthly fee if no activity is done on my account in a month?
No, you won't be charged. 
Tue, 16 Feb, 2021 at 5:02 PM
What do I need to open the MyBusiness Account?
Duly completed account opening form including signature mandate card Business/Company registration documents Copy of National ID card, Driver's...
Tue, 16 Feb, 2021 at 5:02 PM